India's Renewable Power Leader Reveals Ambitious Growth Plans and Embrace of Green Hydrogen
Key Ideas
- ReNew, India's major renewable power company, boasts a commissioned capacity of nearly 11 gigawatts and plans for a pipeline of 26 gigawatts.
- The company has installations in solar and wind energy totaling 11 gigawatts, with additional plans for expansion.
- ReNew has already inked power-purchase agreements for 8.5 gigawatts and intends to sign the remaining agreements in the upcoming financial year.
- The chairman expresses optimism about the future and discusses the company's focus on green hydrogen and its readiness for the changing energy landscape.
Sumant Sinha, the chairman and CEO of ReNew, a prominent renewable power company in India, shared insights on the company's operations and future plans. With significant installations in solar (6 GW) and wind energy (5 GW) and a substantial pipeline of 15 GW, ReNew is set for substantial growth. The company has already secured power-purchase agreements for 8.5 GW and aims to finalize the remaining agreements in the next financial year. Sinha highlighted the company's commitment to green hydrogen and its readiness for the evolving energy industry, including potential shifts under the new US administration. This discussion reflects ReNew's ambitious vision for sustainable energy and its proactive stance towards embracing innovative solutions like green hydrogen.