Current Affairs · Renewable Energy & Finance
Consider the following statements regarding the clean energy financing secured by ReNew Energy Global Plc for its project in Andhra Pradesh as of late 2024 / early 2025: 1. ReNew Energy secured $331 million in debt from the Asian Development Bank (ADB), with $291 million in local-currency financing and $40 million from the LEAP 2 fund. 2. The Andhra Pradesh project integrates 837 MWp of wind and solar capacity with a 415 MWh battery energy storage system and is expected to generate 1,641 GWh of clean energy annually. 3. ReNew Energy's total clean energy portfolio is approximately 18.2 GW, and the project is designed to deliver 500 MW of peak power. Which of the statements given above is/are correct?
- 11, 2, and 3
- 21 and 3 only
- 32 and 3 only
- 41 and 2 only✓
Correct answer
1 and 2 only
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