In a new initiative, COP28 Presidency celebrates the most innovative private sector projects globally
ReNew’s Round-the-Clock Power Project awarded Clean Energy Transition Changemaker at a.
ReNew Energy Global Plc (NASDAQ: RNW) started Friday’s trading in the red, as India’s leading renewable energy company has been named a Clean Energy Transition Changemaker by the COP28 Presidency for its work on the Round-the-Clock Power Project.
Energy .
Renewable energy firm ReNew Energy Global Plc has inked an initial pact with the Asian Development Bank (ADB) for a funding of USD 5.3 billion.
“The MoU was signed at COP28, Dubai by ReNew’s Founder, Chairman and CEO, Sumant Sinha and Suzanne Gaboury, Director General, Private Sector
According to the statement, the MoU identified potential investments in renewable energy projects, manufacturing, carbon offset projects, green hydrogen, to jointly support sustainable energy transition. ReNew Energy Global Plc and ADB will also collaborate on climate change mitigation and adaptation projects, it said.
The memorandum of understanding, a first of its kind in the Indian RE sector, was signed at the COP28 conference by ReNew Chairman and CEO Sumant Sinha and Suzanne Gaboury, ADB Director General,.