India’s ReNew Power finalises 110-MW solar park, makes net-zero pledge

April 9 (Renewables Now) – Indian independent power producer ReNew Power Pvt Ltd this week commissioned a 110-MW solar power plant in the state of Rajasthan and pledged to achieve net-zero greenhouse gas emissions by 2050.

ReNew Power unveiled the completion of the solar project on Wednesday, saying that it has signed a power purchase agreement (PPA) for its output with Solar Energy Corporation of India at a tariff of INR 2.49 (USD 0.033/EUR 0.028) per kWh.

The plant in question is located in the Jaisalmer District of Rajasthan and utilises monocrystalline and bifacial solar modules. With it, ReNew Power now has 500 MW of total solar capacity in the state and is looking to reach 2.3 GW by 2023.

On Thursday, the company also announced it wants to achieve net-zero greenhouse gas emissions by 2050. It said it is committed to lowering its carbon footprint through improved energy efficiency, increased renewable energy supply and reduced network waste.

ReNew Power’s pledge is in line with the global “Race To Zero” campaign, it noted.

(INR 10 = USD 0.134/EUR 0.112)