ReNew Power secures $1 billion loan from 12 global lenders
The $1-billion loan has been tied up through a special purpose vehicle and will be deployed for the company's hybrid round-the-clock (RTC) battery-enabled project.
The $1-billion loan has been tied up through a special purpose vehicle and will be deployed for the company's hybrid round-the-clock (RTC) battery-enabled project.
While solar projects connected to grid are dependent on sun and storing energy is an issue, hybrid solar systems provide power continuously without interruption