Indian renewable energy firm Axis Energy Group has launched a joint venture (JV) with Brookfield India – the local arm of global investment firm and asset owner Brookfield – backed by an initial investment of US$845 million.
A subsidiary of Adani Green Energy has received a contract to build a 600MW solar-wind hybrid project in India after posting a winning bid in an auction carried out last month by the Solar Energy Corporation of India (SECI).
India-based renewable energy firms Suzlon Energy and Axis Energy Group have signed a provisional agreement with the Indian state of Andhra Pradesh to develop up to 4GW of solar, wind and hybrid renewable energy projects.