avaada group

Avaada Group has secured nearly US$950 million in debt financing across three utility-scale renewable energy projects. 

Avaada has inked an MoU with the Gujarat government to develop solar, wind, and BESS worth INR360 billion (US$4.05 billion). 

Indian infrastructure company focused on rooftop and ground-based solar power installations, PVV Infra has secured solar power orders worth INR7.9 billion (US$90 million) through two of its subsidiaries. 

Avaada Energy has acquired 1,400MWp of solar PV projects through several central and state government tenders across India.

India-based renewables developer Avaada Group has signed a memorandum of understanding (MoU) with the Indian government of Gujarat to develop 6GW of hybrid solar-wind capacity.

Indian energy conglomerate Avaada Group will develop a 1.4GW solar PV project in its home country.

The Avaada Group has closed its latest funding round, which generated US$1.3 billion for the group’s solar and green hydrogen businesses.