ReNew Power and Gentari in JV to develop 5GW of Indian renewables

Facebook
Twitter
LinkedIn
Reddit
Email
ReNew Power’s 39MW Adoni solar project in Andhra Pradesh. Image: ReNew Power.

Indian independent power producer (IPP) ReNew Power and Malaysian Gentari’s Indian subsidiary, Gentari Renewables India, have established a joint venture (JV) to target 5GW of new renewable energy capacity.

The 50:50 partnership will pursue solar, wind and storage asset opportunities across India, and follows Gentari’s previous purchase of a 49% stake in ReNew’s 403MW Peak Power PV project.

This article requires Premium SubscriptionBasic (FREE) Subscription

Unlock unlimited access for 12 whole months of distinctive global analysis

Photovoltaics International is now included.

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Unlimited digital access to the PV Tech Power journal catalogue
  • Unlimited digital access to the Photovoltaics International journal catalogue
  • Access to more than 1,000 technical papers
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

“We are elated to embark on this strategic collaboration with ReNew, as it holds tremendous potential for accelerating the development of renewable assets in India,” said Sushil Purohit, CEO of Gentari. The company has plans to develop 30GW of renewables worldwide by 2030.

Sumant Sinha, founder, chairman and CEO of ReNew said: “This partnership will be crucial in developing innovative solutions which will contribute significantly to India’s 2030 goal of achieving 500GW of installed renewable energy capacity.”

A report from JMK Research earlier this week showed that Indian solar PV deployments fell almost 20% in the first half of this year, which continued the difficult trend in the country’s solar market of late that has called its 500GW target into question.

In April, Renew Power raised US$400 million to support its growth and refinance existing debt.

Gentari – a subsidiary of oil major Petronas – signed an agreement with French fossil fuel giant TotalEnergies last month to develop a 100MW solar project in Queensland, Australia.

Read Next

June 30, 2025
Voting on the US tax reconciliation bill is expected to begin in the Senate today, following a draft published on Friday that hit clean energy tax credits hard.
June 30, 2025
Australian module manufacturer Tindo Solar has secured a 30MW solar module supply agreement to power Australia's first "net zero pipeline”.
June 27, 2025
Indian solar manufacturer Premier Energies has commissioned its 1.2GW TOPCon solar cell manufacturing line at Fab City, Hyderabad, Telangana.
June 27, 2025
Renewables investment platform Nexwell Power has signed a round of power purchase agreements (PPAs) with “one of the largest” US tech companies for solar PV capacity to be built in Spain.
June 27, 2025
Japanese power company Jera has formed a joint venture (JV), MUJI Energy, with Japanese retailer Ryohin Keikaku to develop solar PV projects.
June 26, 2025
A group of minority shareholders in Norwegian silicon firm REC Silicon has triggered an investigation into the circumstances surrounding the closure of the company’s US polysilicon production site.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
July 1, 2025
London, UK
Solar Media Events
July 1, 2025
London, UK
Media Partners, Solar Media Events
July 2, 2025
Bangkok, Thailand
Media Partners, Solar Media Events
September 2, 2025
Mexico City, Mexico
Solar Media Events
September 16, 2025
Athens, Greece