ReNew Energy Global (RNW) announced that it has signed a long-term agreement with Google (GOOGL) to enable the development of a new 150 megawatt solar project in Rajasthan. Under this partnership, Google will procure the project’s energy attributes from ReNew. This long-term procurement is essential for the bankability of the project, and will also help Google make progress towards addressing its value chain emissions. The 150 MW solar project, scheduled for commissioning in 2026, is expected to generate approximately 425,000 MWh of clean electricity annually, which is equivalent to powering over 360,000 Indian households. With this agreement, ReNew’s committed commercial and industrial portfolio expands to 2.7 gigawatts (GW), reinforcing its position as one of India’s leading providers of corporate clean energy and carbon reduction solutions.
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