From pv journal India

ReNew, a Nasdaq-listed renewable vitality firm in India, has inaugurated a 400 MW photo voltaic undertaking in Rajasthan, as a part of a 600 MW PPA signed by SECI over the subsequent 25 yr. Power manufacturing from the remaining 200 MW will start in October.

The 600 MW solar energy plant, unfold over 2,000 hectares of land, is anticipated to generate yearly about 1,331 million items of electrical energy. It will present electrical energy at a aggressive PPA tariff of INR 2.18 ($0.026)/kWh.

“The manufacturing of renewable vitality from the 400 MW solar energy plant in Jaisalmer at present by way of ReNew is a crucial step in making the state self-reliant,” mentioned Rajasthan Chief Minister Bhajan Lal Sharma. “Increasing renewable capability will cut back the price of electrical energy leading to decrease tariffs for shoppers and financial savings for the federal government as nicely. Through this plant, electrical energy shall be supplied to Rajasthan discom at very reasonably priced charges.

ReNew has a clear vitality contracted portfolio of 15.6 GW on a gross foundation till May 31, 2024. It affords end-to-end options in clear vitality, digitalization, storage, and carbon market, which is essential to fixing local weather change.

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