ReNew Energy is investing approximately INR 22,000 crore (USD 2.5 billion) in a hybrid renewable energy project in Anantapur, Andhra Pradesh, with a generation capacity of 2.8 GW and 2 GWh of battery storage, positioning it as one of India’s largest renewable energy complexes.

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ReNew Energy Global Plc ("ReNew") is a prominent player in the decarbonisation solutions sector, recently announcing plans to invest approximately INR 22,000 crore (around USD 2.5 billion) in a large-scale hybrid renewable energy project in Anantapur, Andhra Pradesh. This development will feature a generation capacity of 2.8 GW, comprised of 1.8 GW of solar power and 1 GW of wind power, along with a 2 GWh battery energy storage system (BESS), marking it as one of India’s most significant renewable energy complexes in a single location.

This project commenced with a foundation stone-laying ceremony led by the Honorable Minister for Information Technology, Electronics, and Communications of Andhra Pradesh, Shri Nara Lokesh, accompanied by ReNew's Founder, Chairman, and CEO, Sumant Sinha. The initial phase of the project includes the establishment of a 587 MWp solar energy facility and a 250 MW wind energy component, complemented by a 415 MWh BESS, for which Power Purchase Agreements (PPAs) have already been finalized. Subsequent phases will address the remaining capacity.

Industry Overview in India

India is rapidly advancing in the renewable energy sector as part of its commitment to address climate change and meet escalating energy demands. The country aims to achieve 500 GW of non-fossil fuel energy production by the year 2030, accen