Renew Power becomes 11th firm to achieve 5,000 Mw green capacity

Renew Power has joined the global club of top renewable power generation companies by becoming the eleventh firm to reach 5,000 megawatt (Mw) of installed capacity. Of this, 3,100 Mw is wind and 1,900 Mw is solar.

India’s largest renewable power company on Sunday commissioned a 250 Mw plant in Rajasthan’s Bikaner. The plant with robotic cleaning technology is the second-largest solar firm of Renew — the first being in Maharashtra. Power from the Bikaner plant would be supplied at ~2.72 a kilowatt per hour (unit) to Maharashtra.

“There are 10 other companies globally that have crossed this mark. When we started off eight years back, the largest portfolio was just 150 Mw. The whole scale of the industry has changed dramatically,” Sumant Sinha, chairman and managing director, Renew Power, said.

Sinha said crossing the 5,000-Mw mark was a big achievement, which was made possible because of opportunities, size of the market, and the government’s push.

Renew’s capacity in India is followed by 3,700 Mw of Greenko, 2,700 Mw of Tatas, 2,300 Mw of Adani, and 2,000 Mw of ACME. The company would be achieving 8,000 Mw capacity in another eight months, with additional 3,000 Mw coming largely from tenders of NTPC and Solar Energy Corporation of India (SECI).

Currently, the firm has utility scale units in eight states, including Rajasthan, Gujarat, Madhya Pradesh, and Tamil Nadu. In 20 states, the company has distributed solar capacity.