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Evren receives USD 100 million from ALTÉRRA for 11 GW renewables in India

Evren has received a USD 100 million investment from ALTÉRRA to develop around 11 GW of solar, wind, and battery storage projects in Rajasthan and Andhra Pradesh. The investment will support the development and construction of these large-scale renewable energy assets. This is ALTÉRRA’s first direct investment in the Global South. The funding comes through the ALTÉRRA acceleration fund, in partnership with the Brookfield Global Transition Fund II and other investors. It supports India’s goal…

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Evren signs PPA with NTPC for 300 MW FDRE renewable energy project

Evren, a joint venture (JV) between Brookfield Renewable India and Axis Energy Ventures India Private Limited, has signed a 25-year Power Purchase Agreement (PPA) with NTPC Limited for the 300 MW FDRE ISTS-Connected Renewable Energy Project (Tranche-II) in India. The project, which was awarded to ABC Cleantech Private Limited (ACPL), an Evren Group company, follows a successful bid in March 2024. ACPL won the 300 MW Firm and Dispatchable Renewable Energy (FDRE) capacity under NTPC’s…