Torrent Power Mulls Over Buying 1.1 GW Clean Energy from ReNew Energy Global Updated On Mon, Jan 2nd, 2023 by Saurenergy Ahmedabad-based Torrent Power, that looks into the generation, transmission and distribution of power, is in the midst of discussions with ReNew Energy Global Plc for the purchase of clean power projects, the capacity of which will stand at 1.1 GW. Sources have revealed that the deal is valued at $1.2 billion. ReNew Energy Global Plc […] Read more
ReNew Power & Egyptian Govt Sign Framework Agreement for Green Hydrogen Plant Updated On Wed, Nov 16th, 2022 by Saurenergy Renewable energy conglomerate, ReNew Power and the Egyptian government have signed a framework agreement for the construction of an $8 billion green hydrogen plant in the Suez Canal Economic Zone. The green hydrogen production capacity of the plant is anticipated to be 220,000 tonnes per year. Following the Memorandum of Understanding (MoU) signed in July […] Read more
ReNew Power Gets Green Project Finance of Rs 800 Cr from Bank of America Updated On Wed, Nov 9th, 2022 by Saurenergy ReNew Power has received a loan/ green project finance from Bank of America totaling roughly Rs 800 crore, the lender’s first local project financing agreement in the renewable energy industry after a protracted absence. The company will benefit from cheaper funding costs thanks to the five-year green loan facility in rupees, as the money will […] Read more
Renew Power to Invest INR 30,000 Cr in Solar, Wind Energy By 2025 Updated On Mon, Oct 17th, 2022 by Saurenergy Renewable energy conglomerate ReNew Power hopes to invest INR 30,000 crore in the coming two years in solar and wind energy capacities according to reports. ReNew Power Chairman Sumant Sinha has said that ReNew has 5,000 MW of projects which it is building presently as it has won auctions and has Power Purchase Agreements. The […] Read more
Green Firm Renew Power Raises $400 M from Global Debt Investors Updated On Mon, Jan 10th, 2022 by Saurenergy ReNew Power has raised USD 400 million from global debt investors, making it the second issue from the country after Reliance Industries’ mop-up of USD 4 billion. The renewable energy firm said the money was raised by the Mauritius-based Clean Energy Holdings, a wholly-owned subsidiary of Renew Energy Global Plc that is the parent of […] Read more
