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India Accelerates Clean Energy Goals with ReNew’s $2.5B Hybrid Project

Vedanshi SinghRadhika Garg (Contributor)byVedanshi SinghandRadhika Garg (Contributor)
18th May 2025
in ESG BROADCAST, ReNew Energy Global PLC
Reading Time: 3 mins read
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India Accelerates Clean Energy Goals with ReNew’s $2.5B Hybrid Project

Jaisalmer, Rajasthan, India. Source: Renew

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ReNew’s landmark project in Andhra Pradesh aims to deliver 2.8 GW of hybrid clean energy with full domestic production and advanced storage—supporting corporate sustainability and India’s climate policy update. ESG BROADCAST shares key takeaways.

ReNew Energy Global has announced a massive INR 22,000 crore ($2.5 billion) investment to construct one of India’s largest hybrid renewable energy projects in Andhra Pradesh’s Anantapur district. Once operational, the facility is expected to generate 2.8 gigawatts (GW) of electricity by combining solar (1.8 GW), wind (1 GW), and a large-scale 2 GWh battery energy storage system (BESS). The project aligns with India’s national climate targets and state-level sustainability ambitions.

The project’s first phase will include 587-megawatt peak (MWp) of solar power, 250 MW of wind capacity, and 415 megawatt-hours (MWh) of battery storage. According to the company, power purchase agreements (PPAs) for this phase are already in place. The remaining capacity will be rolled out in subsequent phases under the state’s integrated renewable strategy.

As part of its commitment to the “Make in India” initiative, ReNew confirmed that the solar modules used in the project will be 100% manufactured domestically. Production will take place at ReNew’s facilities located in Jaipur (Rajasthan) and Dholera (Gujarat), underlining the government’s emphasis on reducing import dependency for clean energy components. Additionally, the deployment of solar tracking systems and waterless robotic cleaning technology will maximise energy output while conserving critical water resources.

The proposed hybrid facility aims to enhance grid reliability by delivering clean electricity during peak-demand hours, made possible through long-duration battery storage. With the integration of battery storage into the project’s architecture, ReNew intends to meet up to four hours of peak load daily, a key requirement as India transitions to a more decentralised, demand-responsive power system.

The project will also contribute to local economic development, generating an estimated 1,500 direct and indirect jobs. The Andhra Pradesh government has backed the initiative under its Integrated Clean Energy Policy, which seeks to harness the state’s natural potential for solar and wind while creating investment opportunities. Andhra Pradesh targets 78.5 GW of solar, 35 GW of wind, and 25 GWh of BESS capacity in the long term.

Shri Nara Lokesh, Minister for IT and Renewable Energy of Andhra Pradesh, stated: 

“This project is a turning point. It demonstrates India’s ability to execute large-scale renewable infrastructure while building investor confidence and energy security.”

Currently, ReNew operates a combined 777 MW of renewable capacity in Andhra Pradesh across solar and wind. With this new venture, the company’s overall pipeline strengthens significantly. ReNew’s national and international renewable energy portfolio stood at 17.4 GW as of February 2024, positioning it as India’s second-largest renewable energy developer after Adani Green.

Strategic significance lies in the integration of clean generation with grid stability via energy storage—a blueprint for India’s decarbonisation roadmap. The project is expected to reinforce investor confidence, stimulate job creation, and facilitate ESG compliance for power consumers and financial institutions seeking greener supply chains.

ESG BROADCAST will continue monitoring the updates related to this topic. Stay tuned to be updated on the related policy and pivotal regulatory shift.

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Tags: AsiaESGESG BROADCASTESG COMPANIESESG HeadlinesESG TodayFinancials SectorIndiaRenewable EnergySolar EnergySustainability
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Vedanshi Singh

Vedanshi Singh

Science communicator passionate about climate change, ESG, and sustainability, blending psychology with communication for impact.

Radhika Garg (Contributor)

Radhika Garg (Contributor)

Radhika Garg, holds a Bachelor of Commerce degree from Delhi University specialising in sustainable finance, ESG regulation, and climate policy. At ESG BROADCAST, she translates complex frameworks into accessible insights for financial professionals and sustainability stakeholders.

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