Renew Power, which is traded on the Nasdaq exchange, has commissioned a 300 megawatt SECI solar project in Rajasthan, taking its total operating asset to a record 7.4 gigawatt till date.
The Gurugram-based company has installed a record 1.5 GW of renewable energy projects so far this fiscal year despite the pandemic challenges and supply chain disruptions and is on track to meet its goal of 8.2 GW of operational capacity by the end of 2021-22.
In 2020-21, Renew Power had closed with an operating capacity of 5.6 GW, it said in a statement on Tuesday.
The bulk of Renew’s organic capacity addition that led it to surge past the 7 GW-mark is in Rajasthan and Gujarat. The new 1.5 GW capacity addition has more than 1.3 GW of utility scale solar projects.
