Axis Energy in the news

Evren, Brookfield’s India platform, has secured a 300 MW power purchase agreement with NTPC for firm and dispatchable renewable energy. This agreement involves developing nearly 1 GW of renewable capacity, integrating wind, solar, and battery storage. The project aims to efficiently dispatch energy during peak hours, aiding distribution companies in meeting demand and renewable energy obligations.

Evren, a joint venture platform of Brookfield and Axis Energy, has secured a significant investment of $100 million from Alterra, the world’s largest private climate investment vehicle. This strategic partnership underscores our commitment to advancing India’s renewable energy infrastructure and supporting the nation’s ambitious target of achieving 500 GW of renewable energy capacity by 2030.

APERC clears APSPDCL ‘s 400 MW hybrid power deals with Axis Energy, ensuring fixed tariffs, storage-backed supply, and grid stability, aligning with Andhra Pradesh’s renewable goals and High Court directives.