From Our Correspondent
MoUs signed for solar manufacturing, battery storage, pumped hydro, and green ammonia projects
Visakhapatnam: In a major boost to India’s clean energy transition, ReNew Energy Global Plc, one of the world’s leading decarbonisation companies, announced an investment of ₹82,000 crore (US$9.3 billion) in Andhra Pradesh, cementing the state’s position as a frontrunner in the country’s green energy revolution.
The announcement was made at the CII Partnership Summit 2025 in Visakhapatnam, where four MoUs were signed between ReNew and the Andhra Pradesh Economic Development Board (APEDB) in the presence of Chief Minister N. Chandrababu Naidu and Minister for IT, Electronics & HRD Nara Lokesh.
Of this, ₹60,000 crore (US$6.7 billion) represents new commitments for multiple renewable energy projects, adding to the ₹22,000 crore (US$2.5 billion) announced earlier in May 2025 for a large hybrid renewable project in Anantapur district.
ReNew will invest across a diversified green energy portfolio, including:
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A 6 GW PV ingot-wafer manufacturing plant
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A 2 GW pumped hydro storage project
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A 300 KTPA green ammonia facility
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5 GW of hybrid renewable projects, combining wind, solar, and battery energy storage systems (BESS).
Naidu: Andhra Pradesh Set to Lead India’s Clean Energy Future
Describing the partnership as “historic,” Chief Minister N. Chandrababu Naidu said, “Andhra Pradesh is committed to emerging as a national leader in renewable energy, and partners like ReNew play a crucial role in advancing this vision. These investments reflect the strong global confidence in the state’s policies, infrastructure, and talent pool. Together, we will accelerate clean energy deployment, create high-quality jobs, and drive inclusive growth.”
The Chief Minister reaffirmed that Andhra Pradesh is on track to become India’s green energy hub, targeting 78.5 GW of solar power, 35 GW of wind capacity, and 25 GWh of battery storage in the coming years.
Sumant Sinha, Founder, Chairman, and CEO of ReNew, said the company’s expanded investments would create a fully integrated clean energy value chain in Andhra Pradesh. He praised Andhra Pradesh’s “policy clarity, governance stability, and proactive facilitation,” calling the state “a natural partner in India’s energy transition.”
One of India’s Largest Renewable Energy Investments
The company’s Anantapur hybrid project, announced in May 2025, will have a 2.8 GW capacity (1.8 GW solar, 1 GW wind) and a 2 GWh battery storage system, making it one of the largest single-location renewable projects in India.
ReNew already operates 717 MW of wind and 60 MW of solar projects across 10 locations in Andhra Pradesh. With the latest MoUs, its cumulative footprint in the state will expand dramatically, supporting over 10,000 direct and indirect jobs.
About ReNew
Listed on the Nasdaq (RNW, RNWWW), ReNew is among the world’s largest renewable energy companies, with a total clean energy portfolio of ~18.5 GW (+1.1 GWh BESS) globally as of November 2025. The company also operates 6.4 GW of solar module and 2.5 GW of solar cell manufacturing capacity, which it plans to expand by another 4 GW.
ReNew’s investment marks a significant milestone in Andhra Pradesh’s transformation into India’s renewable powerhouse, reinforcing Chief Minister Naidu’s ambition to make the state the “California of the East” in green technology and sustainable industrial growth.