, India

ReNew Energy, Gentari to develop 5 GW renewable energy in India

The companies signed a 50:50 joint venture.

India’s ReNew Energy through its subsidiary ReNew Power, and Gentari, through its subsidiary Gentari Renewables India entered a joint venture to develop five gigawatts (GW) of renewable energy capacity.

In a statement, Gentari said the proposed joint venture will involve exploring investment to develop solar, wind and energy storage assets.

ALSO READ: ReNew bags $7.8b to fund green energy projects

The partnership will support Gentari’s goal to build over 30 GW of renewable capacity by 2030 and ReNew’s net zero target by 2040.

Gentari’s initially invested in a 49% equity stake in ReNew’s 403 megawatts Peak Power project in May.

Follow the link for more news on

Join Asian Power community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

Top News

Sembcorp inks 2 long-term PPA with Equinix 
This is Equinix’s first renewable energy power purchase deal in Singapore.
RATCH Group names new CEO
The new CEO served various key roles in the EGAT.
IPP

Exclusives

India removes licence requirement to build transmission lines for bulk consumers
The rule applies to those with at least 25 MW of load for inter-state connection and at least 10 MW for intra-state.
NEFIN Group works double time to catch up on projects
CEO Glenn Lim explains how a delay turned out good as the company aims to reach 667 MW of capacity by 2026.
Summit Power International provides vital LNG support to Bangladesh
Without cross-border electricity supply, LNG is needed by a country facing geographical constraints to deploy renewables.