ReNew Announces Long-Term Agreement With Google to Enable 150 MW Solar Project in Rajasthan

Core Insights - ReNew Energy Global Plc has signed a long-term agreement with Google to develop a 150 MW solar project in Rajasthan, which is expected to generate approximately 425,000 MWh of clean electricity annually, enough to power over 360,000 Indian households [1][2] - This partnership enhances ReNew's commercial and industrial portfolio to 2.7 GW, solidifying its position as a leading provider of corporate clean energy solutions in India [1] - The agreement is part of India's broader goal to achieve 500 GW of non-fossil fuel energy capacity by 2030, highlighting the importance of private sector investment in the clean energy transition [2] Company Overview - ReNew is a leading decarbonization solutions company listed on Nasdaq, with a clean energy portfolio of approximately 18.5 GW, including 1.1 GWh of battery energy storage systems [3] - The company is a major independent power producer in India, providing comprehensive solutions in clean energy, digitalization, storage, and carbon markets [3] - ReNew is expanding its solar cell manufacturing capacity by 4 GW, in addition to its existing 6.4 GW of solar module and 2.5 GW of solar cell manufacturing capabilities [3]