9MAY 2025RENEW ENERGY TO INVEST $2.57B IN INDIA'S SOLAR & WIND POWER PUSHCOAL INDIA & UPRVUNL JOIN FORCES FOR A 500 MW SOLAR PLANT IN UTTAR PRADESHThe shift towards sustainable manufacturing is picking up speed all over the world, and JK Tyre & Industries in India is helping move this movement forward in the car industry. The company started making tyres for passenger cars with materials that are certified as sustainable at its plant in Chennai.Key Highlights:· JK Tyre launches ISCC Plus-certified sustainable car tyres.· UX Royale Green tyres promote greener mobility in India.· Sets a benchmark for sustainable innovation in tyre manufacturing.The project is set to produce 2.8 GW, including 1.8 GW of solar power and 1 GW of wind power, aiming to give electricity for up to four hours during the day's peak. The combination of both energy sources tries to stabilize the grid and improve the amount of available power.Key highlights:· ReNew Energy commits 22,000 crore to hybrid solar and wind power project.· Project to generate 2.8 GW: 1.8 GW solar and 1 GW wind capacity.· Supports India's target of 500 GW of non-fossil power by 2030."ReNew Energy Global said on Friday it will invest 220 billion rupees ($2.57 billion) to set up a hybrid renewable energy project in the eastern Indian state of Andhra Pradesh, as it looks to cash in on the country's booming clean energy needs."Being the second-largest renewable company in India following Adani Green, ReNew Energy expands with its 17.4 GW global portfolio and several projects in ten parts of India. It comes at an important moment, because according to a recent report by Global Energy Monitor, India needs to double its expansion of renewables in the next five years to keep up with its targets. With the launch of its UX Royale Green tyres, JK Tyre is now helping lead the way in supporting greener transportation. The ISCC Plus certification, which is recognized around the world, shows that the tyres are made with materials that can be traced, come from responsible sources, and are partially made from recycled or renewable materials, which really helps the environment."The commencement of sustainable tyre production represents a defining step in JK Tyre's journey toward environmentally responsible innovation," said JK Tyre Chairman & Managing Director Raghupati Singhania.Leader Insights: Smart Battery Management: Driving Hybrid Vehicle Efficiency in IndiaThis step goes along with the company's long-time focus on making good products and doing things in an eco-friendly way. Notably, JK Tyre was the first tyre manufacturer in the world to get ISO 9001 certification for all its activities in 1995, showing how they were always at the front when it came to how the industry works.As people look for more environmentally friendly products in the automotive industry, JK Tyre's move is likely to help them get a stronger lead in eco-friendly manufacturing and also answer worldwide calls to cut down on car pollution. India's clean energy aims have received a further boost thanks to ReNew Energy Global investing 22,000 crore (around $2.57 billion) in a hybrid solar and wind power renewable project in Andhra Pradesh. Such an agreement appreciably promotes India's progress toward using clean power, which is a key goal in the country's aim to produce 500 GW of non-fossil energy by the end of 2030.
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