To supply renewable power for a contracted capacity of 300 MW to NTPC Evren, a platform launched by Brookfield in India as a joint venture with Axis Energy, announced it has secured approximately $600 million for the development of its Firm and Dispatchable Renewable Energy (“FDRE”) hybrid project in Andhra Pradesh and Rajasthan. This marks […]
In Short : UAE-backed ALTÉRRA invested $100 million in India’s renewable energy platform Evren. The funding will help develop 11 GW of solar, wind, and storage projects in Rajasthan and Andhra Pradesh. This marks ALTÉRRA’s first Global South investment, aligning with India’s 500 GW green energy goal and supporting sustainable energy transition and economic growth. […]
PPA entails commissioning of over 1 GW capacity including wind, solar and energy storage system FDRE PPA will help power distribution companies in optimal matching of power demand with renewable supply, and in meeting their renewable energy consumption and energy storage obligationsThe project will be the first utility PPA executed by Evren, and is part […]
In Short : Evren, a prominent player in the renewable energy sector, is set to invest in clean energy projects in Andhra Pradesh. The company’s investment will focus on expanding the state’s renewable energy capacity, including solar and wind power projects. This initiative aligns with Andhra Pradesh’s goals of enhancing its green energy portfolio, promoting […]