ReNew signs 150 MW Rajasthan solar deal with Google

ReNew Energy Global signed a long-term agreement with Google on December 16, 2025, to develop a 150 MW solar project in Rajasthan, with operations expected in 2026. The deal advances India's 500 GW non-fossil target by 2030 and underscores corporate procurement as a driver of renewable infrastructure.

ReNew Energy Global signed a long-term agreement with Google on December 16, 2025, to develop a 150 megawatt solar project in Rajasthan, with operations expected to begin in 2026. Under the long-term offtake arrangement, Google will procure the project's energy attributes, including renewable energy certificates or carbon credits, enhancing commercial bankability. The project aims to generate approximately 425,000 megawatt-hours of clean electricity annually, sufficient to power more than 360,000 Indian households, supporting Google's carbon-free-by-2030 ambition.

The deal affects ReNew, a NASDAQ-listed decarbonisation solutions provider whose commercial and industrial clean energy portfolio now stands at 2.7 gigawatts, and Google's data-centre decarbonisation. It reflects a broader trend of global technology firms, including Amazon and Microsoft, securing large-scale renewable power purchase agreements to address value-chain emissions. The project contributes to India's renewable transition, where the government targets 500 GW of non-fossil capacity by 2030, positioning corporates as key drivers of renewable infrastructure in emerging markets.

Indian renewable developers and corporate buyers should monitor the project's 2026 commissioning and the growing role of corporate offtake in accelerating deployment. The arrangement signals avenues for deeper market participation and private investment into renewable infrastructure. Companies pursuing decarbonisation targets should assess long-term offtake structures bundling energy attributes such as certificates and carbon credits, reinforcing policy-aligned solar capacity growth and a scalable model for ESG-aligned energy collaborations.

Key figure — Project capacity: 150 MW solar, generating approximately 425,000 MWh annually