ReNew sets up hybrid renewable energy projects in Karnataka

ReNew sets up hybrid renewable energy projects in Karnataka

ReNew Energy Global Plc commissioned two renewable energy projects for Toyota Kirloskar Motor and Sandur Manganese & Iron Ores in Vijaynagara, Karnataka.

ReNew is building a 27.2 MW renewable energy project for Toyota to meet its renewable energy needs for its Bidadi automobile manufacturing plant and a 43 MW power project for Sandur Manganese & Iron Ores to begin its decarbonization journey.

The company statement added these two projects would reduce 150 kilo-tons of CO2 per year and bring ReNew’s business-to-business portfolio to close to 2000 MW.

Nasdaq-listed ReNew provides decarbonization solutions. Gross renewable energy portfolio 13.4 GW as of December 31, 2022. It gives just and inclusive end-to-end solutions in clean energy and value-added energy offerings through digitalization, storage, and carbon markets, which are increasingly important to climate change.

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