ReNew Plans to Invest $3 Billion to Develop a Green Hydrogen Project in Kerala, India

ReNew plans to invest USD 3 billion to develop a green hydrogen production facility in Kerala. The green hydrogen production facility will have a capacity of approximately 220 KTPA. Furthermore, the project will be developed near Vizhinjam port in Kerala, where the green hydrogen will be exported to other markets. Additionally, the facility will produce 1,100 KTPA of green ammonia.

The project will use a 2 GW capacity electrolyzer, which produces 14,000 million units of power annually from 5 GW to 6 GW renewable energy plants. The project is expected to generate around 18,000 direct and indirect job opportunities. The project is planned to be completed in three phases.

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The first phase will have 100 KTPA of green hydrogen production capacity, while phases 2 and 3 will have 500 KTPA of capacity each. The project is expected to be completed within 36 to 42 months. The project requires 50 million liters of water per day.

ReNew's green hydrogen project in Kerala is a bold and ambitious initiative with the potential to significantly contribute to India's clean energy transition and export market. This project aligns with the government's National Green Hydrogen Mission, aiming to make India a global leader in green hydrogen production and utilization.

About ReNew

ReNew, formerly known as ReNew Power, is a major player in the Indian renewable energy sector. It's one of the leading independent power producers (IPPs) in the country, focusing on decarbonization solutions through a mix of green hydrogen, data-driven solutions, storage, manufacturing, and carbon markets. As of October 2023, ReNew boasts an impressive renewable asset base of 13.8 GW, spread across wind and solar projects. 

Established in 2011, ReNew has come a long way since its humble beginnings with a 25.2 MW wind project in Jasdan, Gujarat. Today, the company operates more than 140 projects across nine Indian states, powering millions of homes with clean energy.

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