Apollo Green Energy Ltd (AGEL), a part of Apollo International Group, has announced the launch of AGEL Renewable Energy Ltd, a subsidiary focused on utility-scale solar and advanced energy storage solutions, including hydrogen-based systems. With a planned investment of INR 500 crore, AGEL Renewable Energy Ltd aims to develop a 1 GW renewable energy portfolio in the coming years through active participation in government tenders and the establishment of power purchase agreements with utilities and commercial consumers. Raaja Kanwar, Managing Director of Apollo Green Energy, highlighted the company's commitment to contributing to India's clean energy objectives by integrating advanced storage technologies and expanding their renewable energy presence. AGEL is known for being an Engineering, Procurement, and Construction (EPC) company with a specialization in providing renewable energy solutions.