India Renewable Energy

India’s Avaada Raises $1 Billion From Brookfield

The Indian renewable energy company Avaada has secured a massive $1.07 billion from multiple investors, including Brookfield.  According to media reports, Brookfield Renewable, part of Brookfield Global Transition Fund (BGTF), has committed to invest $1 billion in Avaada Group. The investor is believed to have already released the first tranche … [continued]

India Launches A 9 Gigawatt-Hour Energy Storage Tender

A subsidiary of India’s largest power generation company has announced the launch of a massive energy storage tender. NTPC Renewable Energy Limited, a wholly owned subsidiary of government-owned NTPC Limited, recently initiated the process to launch a tender for 9 gigawatt-hours of energy storage capacity. NTPC Renewable Energy Limited houses … [continued]