$5 Billion Investment in Andhra Pradesh

Evren, a joint venture between Brookfield and Axis Energy, committed a substantial $5 billion to develop renewable energy assets in Andhra Pradesh. The breakdown includes 3.5 GW of solar and 5.5 GW of wind capacity. The company expects to commission 3 GW by the end of 2026, and is also exploring vertical integration opportunities, such as module manufacturing, pumped storage, battery storage, e‑mobility, and green ammonia

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