{"id":482866,"date":"2022-04-07T08:55:13","date_gmt":"2022-04-07T03:25:13","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=482866"},"modified":"2022-04-07T09:20:03","modified_gmt":"2022-04-07T03:50:03","slug":"japans-mitsui-to-take-49-stake-in-renew-powers-power-project-2","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/japans-mitsui-to-take-49-stake-in-renew-powers-power-project-2\/","title":{"rendered":"Japan&#8217;s Mitsui to take 49% stake in ReNew Power&#8217;s power project"},"content":{"rendered":"<p>Japanese conglomerate Mitsui has agreed to take a 49 per cent stake in ReNew Power&#8217;s round-the-clock renewable power project, the Indian firm said on Wednesday.<\/p>\n<p>ReNew signed a 400 MW Round-The-Clock (RTC) PPA last year to supply electricity to the Solar Energy Corporation of India (SECI). For the 400 MW PPA (Power Purchase Agreement), the company will install 1,300 MW of renewable energy capacity and up to 100 MWh of battery storage.<\/p>\n<p>&#8220;ReNew Power has finalised a partnership with Mitsui &amp; Co Ltd, a leading global general trading and investment firm. <\/p>\n<p>&#8220;The partnership will see Mitsui invest in the RTC renewable energy project being developed by ReNew,&#8221; the company said in a statement.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Japanese conglomerate Mitsui has agreed to take a 49 per cent stake in ReNew Power&#8217;s round-the-clock renewable power project, the Indian firm said on Wednesday. ReNew signed a 400 MW Round-The-Clock (RTC) PPA last year to supply electricity to the Solar Energy Corporation of India (SECI). For the 400 MW PPA (Power Purchase Agreement), the company will install 1,300 MW of renewable energy capacity and up to 100 MWh of battery storage. &#8220;ReNew Power has finalised a partnership with Mitsui &amp; Co Ltd, a leading global general trading and investment firm. &#8220;The partnership will see Mitsui invest in the RTC [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,232],"tags":[],"class_list":["post-482866","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/482866","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=482866"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/482866\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=482866"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=482866"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=482866"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}