ReNew Green Solutions
ReNew Green Solutions is the B2B arm of ReNew Power. Since commissioning of its first project in 2015, this vertical has grown rapidly, currently having over 500 installations adding up to a portfolio of around 500 MW (including committed projects) spread over 80 cities in 18 states across the country.
ReNew Green Solutions currently partners with more than 120 customers including leading enterprises such as The Himalaya Drug Company, J.K. Lakshmi Cement Limited, JK Tyres & Industries Limited, Mahindra CIE, TTK Healthcare Limited, Toyota, FIAT, Hindustan Unilever Limited, United Breweries Limited, Mahindra & Mahindra, Indian Railways, and Airports Authority of India.
Along with pure-play wind & solar solutions, the company also offers innovative products like high PLF, large scale hybrid projects in Open Access mode to meet the green energy requirements of large commercial and industrial consumers in India. Apart from this, ReNew Green Solutions also offers new energy procurement models like Virtual PPA for corporates who are looking for a purely financial contract to secure RECs. This is set to unlock a new segments of the Indian power market which was previously inaccessible to renewable energy.
We have a wide suite of offerings to meet your specific requirements
Potential Energy Options
Pure-play Solar / Wind
- CUF of 20-40%
- Medium reliability; need for grid connection / back-up power source
- On-site capacity limited by land availability
Hybrid + Storage
- CUF of 70-90%
- High reliability; dependence on grid can be eliminated
- Economic viability of storage at smaller scale needs assessment
- CUF of 50-70%
- Medium to high reliability; reduced dependence on grid / back-up power
- 20-40% higher savings vs pure-play due to higher RE off-take
Hybrid + Gas Blending
- CUF of >90%
- High reliability due to quick ramp-up / ramp-down of gas assets
- Gas availability needs to be ensured for balancing
No physical power exchange!
- Developer and client agree on a strike price for RE power
- Developer sells green energy on exchange; client buys power from exchange
- Difference between strike and market price shared with client
- Green credits for energy generated transferred to client
- Ability to achieve 100% green energy supply
- Addresses fragmented demand