ReNew Energy Global Plc has announced fresh investments of approximately USD 8.51 billion in Andhra Pradesh, spanning digital infrastructure and clean energy manufacturing.

Record Investment Unveiled at CII Partnership Summit 2026

The announcement was made on November 12, 2026, at the CII Partnership Summit 2026 in Visakhapatnam, under the leadership of the Hon'ble Chief Minister of Andhra Pradesh, Shri N. Chandrababu Naidu, and in the presence of Shri Nara Lokesh, Hon'ble Minister for Information Technology, Electronics & Communications and Human Resources Development.

The investments comprise a USD 7.13 billion, 1 GW Green Hyperscale Data Center in Anakapalli; USD 1.17 billion polysilicon and metallurgical silicon manufacturing facilities in Anakapalli and Nellore; and a USD 159.5 million permanent magnet manufacturing facility in Rambilli. ReNew will also establish the ReNew Center for Technical Excellence (R-CTE) in Visakhapatnam under the PM SETU Scheme.

Together, the announcements expand ReNew's presence across digital infrastructure, renewable energy, clean energy manufacturing and skilling, deepening its long-term partnership with the state.

1 GW Green Hyperscale Data Center in Anakapalli

The 1 GW Green Hyperscale Data Center in Anakapalli, carrying an investment of approximately USD 7.13 billion, is envisioned as a large-scale, renewable-energy-powered digital infrastructure project.

According to the company, it is expected to strengthen Andhra Pradesh's position as an emerging hub for hyperscale digital infrastructure while supporting the growing energy requirements of India's rapidly expanding digital economy.

Polysilicon Facilities to Bolster Domestic Solar Value Chain

The USD 1.17 billion polysilicon and metallurgical silicon manufacturing facilities in Anakapalli and Nellore are intended to further strengthen the domestic solar manufacturing value chain.

They will complement ReNew's existing solar manufacturing investments, including its 6.5 GW ingot and wafer manufacturing facility in Anakapalli, which is expected to be commissioned by March 2028.

In addition, ReNew plans to invest USD 159.5 million in a permanent magnet manufacturing facility in Rambilli, expected to be commissioned by March 2029.

Skilling Initiative Under the PM SETU Scheme

Under the PM SETU Scheme, ReNew will work with the Government of Andhra Pradesh to develop the Gajuwaka cluster of five ITIs in Visakhapatnam as the ReNew Center for Technical Excellence (R-CTE).

The cluster is part of the PM SETU framework, under which a typical hub-and-spoke ITI cluster has an indicative investment of up to USD 25.6 million over five years. The initiative will focus on industry-relevant technical skills and employability for emerging sectors including renewable energy, advanced manufacturing and allied industries.

Leadership commentary

Commenting on the announcements, Sumant Sinha, Founder, Chairman, and CEO of ReNew, said, "Andhra Pradesh is emerging as an important destination for India's industrial and digital growth, and ReNew is proud to deepen its partnership with the state. These investments bring together two of India's biggest growth opportunities, digitalization and decarbonization, while strengthening clean energy manufacturing, infrastructure, and skills. We thank the Hon'ble Chief Minister Shri N. Chandrababu Naidu for his leadership and Shri Nara Lokesh for his proactive and hands-on approach. His personal follow-through in resolving issues and facilitating projects has been instrumental in helping translate investment commitments into action on the ground."

ReNew's Existing Footprint in Andhra Pradesh

ReNew already operates an existing portfolio in the state comprising 717 MW of operational wind capacity and 60 MW of solar capacity spread over 10 sites, generating 10,000 direct and indirect jobs.

The company is working in tandem with the Government of Andhra Pradesh towards the state's target of generating 78.5 GW of solar, 35 GW of wind power capacity, and 25 GWh of battery energy storage.

About ReNew

ReNew is a leading decarbonisation solutions company listed on Nasdaq (Nasdaq: RNW, RNWWW). Its clean energy portfolio of 20.5 GW, including 1.7 GW/6.2 GWh of battery energy storage systems, on a gross basis as of October 30, 2026, is one of the largest globally.

Beyond being a major independent power producer in India, the company provides end-to-end solutions in clean energy, value-added energy offerings through digitalization, storage, and carbon markets.

ReNew also has 6.4 GW of solar module and 2.5 GW of solar cell manufacturing capacities and is expanding its solar cell manufacturing capacity by another 4 GW, which is expected to be operational in Q4 FY27.

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