ReNew Power to develop 300MW renewable energy project 

The wind and solar hybrid project will be located in Jajpur, Odisha.

ReNew Power has partnered with Jindal Stainless to develop a utility-scale 300-megawatt renewable project in Jajpur, Odisha. 

The project is expected to generate 700 million units per year through a mix of wind and solar technologies. 

“We believe this unique model will revolutionise the way power is procured by Corporate India,” Founder, Chairman, and CEO, ReNew Power, Sumant Sinha, said. 

“This innovative Wind-Solar hybrid system will accelerate the adoption of clean energy in a hard-to-abate sector.”

Read more: ReNew Power posts $12m net loss in Q2 FY23

The project allows ReNew Power to bring its Round the Clock (RTC) solution to the B2B space, which it pioneered for utilities earlier last year.