Andhra Pradesh’s chief minister Mr Nara Chandrababu Naidu today laid the foundation stone for ReNew Energy’s 6.5 GW solar ingot-wafer manufacturing facility in Anakapalli district near Visakhapatnam, Andhra Pradesh with investment of Rs 4,200 crore (~US$ 450 million). Commissioning of the plant is expected within 24 months, creating over 2,100 direct and indirect jobs in Andhra Pradesh.
The facility will advance India’s clean energy transition by localizing the solar supply chain, reducing import dependence, and bolstering energy self‑reliance. It also forms part of ReNew’s broader Rs 82,000 crore (US$ ~9.3 billion) investment commitment in Andhra Pradesh committed in the CII Partnership Summit 2025 to accelerate the state’s role in India’s clean energy and manufacturing ecosystem.
The facility will enable backward integration of ReNew’s solar PV module and cell manufacturing by producing ingots and wafers, critical upstream components in the solar supply chain. With the expansion of the ALMM Framework to include wafers and ingots from June 2028, there is a supportive regulatory environment and business case for this backward integration.
“Industrial growth and sustainability must go hand in hand as we build the future of Andhra Pradesh. This investment strengthens our position as a hub for clean energy and advanced manufacturing, while creating jobs and driving economic development in the state.
ReNew has been a trusted, long‑standing partner in our clean energy journey, consistently contributing to our growth and sustainability goals. This investment is a testament to that strong partnership and shared vision, further reinforcing Andhra Pradesh as a leading destination for clean energy and manufacturing, while generating significant employment and economic opportunities for our people”, said the Chief Minister.
“This facility is a step in that direction—building manufacturing capabilities within the country and advancing our vision of an integrated, self‑reliant clean energy ecosystem.
We are grateful for the continued support and visionary leadership of Chief Minister Mr N. Chandrababu Naidu, whose focus on enabling infrastructure and ease of doing business has made Andhra Pradesh a natural partner in our growth.
This investment reflects our shared commitment to clean energy and will contribute meaningfully to the state’s economic and industrial progress”, said Mr Sumant Sinha, Founder, Chairman and CEO, ReNew.
Andhra Pradesh IT and Industries Minister Mr Nara Lokesh welcomed the groundbreaking of a 6.5 GW solar wafer and ingot manufacturing facility by ReNew Energy Global in Anakapalli, describing it as a key step in positioning the state as the “Silicon Coast of India.”
About ReNew
In solar manufacturing, ReNew has emerged as one of the strongest players with 6.5 GW of operating solar module capacity and cell capacity set to expand to 6.5 GW by December 2026, of which 2.5 GW is already operational. With this, ReNew will achieve fully balanced wafer, cell, and module capabilities, strengthening its position across the entire solar value chain.
During FY2026, ReNew’s solar manufacturing facilities produced more than 4.1GW of modules and almost 1.86GW of cells. During the same year, the solar manufacturing business received INR ~938 crores (US$100M) equity investment from British International Investments (BII).
ReNew is also setting up one of India’s largest hybrid renewable energy projects in Andhra Pradesh’s Anantapur district with an investment of Rs 22,000 crore (US$ ~2.4 billion). With a generation capacity of around 2.8 GW, including 1.8 GWp solar and 1 GW wind, and a battery energy storage system (BESS) of 2 GWh, this will be one of the largest RE complexes at a single location in India.
ReNew has been present in Andhra Pradesh since 2015, when it commissioned its first 24 MW wind project at Kalyandurg. Since then, the company has expanded across wind, solar, and hybrid projects in the state. ReNew currently operates 717 MW of wind and 60 MW of solar capacity in Andhra Pradesh,
