Post by account_disabled on Dec 14, 2023 14:10:35 GMT 4
MUMBAI/ Avaada Group has announced that it has raisedUS$1.07 billion tofund its business. The hydrogen and ammonia that are environmental protection in India.This fundraising is part of the US$1.3 billion fundraising plan, which is during operation Brookfield Renewable invests $1 billion through Brookfield Global Transition Fund (BGTF) in Avada Ventures. Avaada Ventures Private Limited Meanwhile, Global Power Synergy Public Company Limited or GPSC will invest an additional USD 68 million in Avaada Energy Private Limited to relieve debt and support Support growth In addition, Avada Group is still in the process of negotiating. The company has made progress with a group of investors to raise an additional US$200 million.
Avada Group is prepared to deal with the change. through the global energy sector that will occur Phone Number List in the future and has diversified investment into production Hydrogen and ammonia are not environmental protection. In addition, the group of companies has expanded its operations. Work enters the energy supply chain Solar energy by producing Solar cells and solar panels Avada currently operates a renewable energy business. It has a total capacity of approximately 4 GW and plans to increase this to 11 GW by 2026. Avada recently won the auction. Project to build a factory to produce fuel sticks 3 GW of solar cells, cells and photovoltaic modules under the Production Linked Incentive (PLI) scheme of the Government of India.
Mittal, Chairman and Founder of Avada Group, said , “Avada Group is at the cutting edge of transformation. energy sector in India By setting up a business 'Sand to molecule' (Sand to molecule) integrated system, which is consistent with on the transition from energy to Using energy that does not cause Carbon Dioxide ( Decarbonization) I am pleased. And welcome to Brookfield. Continue to grow with us. This cooperation will help support Support us to seize exciting opportunities as we play an important role. In response to the increase Expanding the exponential growth of sustainable energy and aiming to become to be at the forefront of change.
Avada Group is prepared to deal with the change. through the global energy sector that will occur Phone Number List in the future and has diversified investment into production Hydrogen and ammonia are not environmental protection. In addition, the group of companies has expanded its operations. Work enters the energy supply chain Solar energy by producing Solar cells and solar panels Avada currently operates a renewable energy business. It has a total capacity of approximately 4 GW and plans to increase this to 11 GW by 2026. Avada recently won the auction. Project to build a factory to produce fuel sticks 3 GW of solar cells, cells and photovoltaic modules under the Production Linked Incentive (PLI) scheme of the Government of India.
Mittal, Chairman and Founder of Avada Group, said , “Avada Group is at the cutting edge of transformation. energy sector in India By setting up a business 'Sand to molecule' (Sand to molecule) integrated system, which is consistent with on the transition from energy to Using energy that does not cause Carbon Dioxide ( Decarbonization) I am pleased. And welcome to Brookfield. Continue to grow with us. This cooperation will help support Support us to seize exciting opportunities as we play an important role. In response to the increase Expanding the exponential growth of sustainable energy and aiming to become to be at the forefront of change.