Avaada operates a 4GW renewables portfolio
Avaada receives $1bn from Brookfield for Indian green hydrogen and ammonia
The developer is in advanced discussions with potential investors toward an additional $200mn
Indian renewable energy company Avaada has secured $1bn in investment from clean energy investor Brookfield Renewable and $68mn from Thai power company Global Power Synergy Public Company towards its green hydrogen and ammonia ventures. The firm plans to raise $1.3bn and claims to be in “advanced discussions” with potential investors on securing an additional $200mn. Avaada operates 4GW of renewable energy—primarily utility solar—with plans to expand to 11GW by 2026. Last year, the firm signed a memorandum of understanding with the state government of Rajasthan to develop a INR400mn ($4.89mn) green ammonia plant. $1.3bn – Target fundraise “We are pleased to be investing in Avaada thr
Also in this section
7 August 2025
Draft law opens door to large-scale carbon capture and storage, and could unleash investment in gas-based hydrogen projects
6 August 2025
The US state of Kansas is emerging as a hotspot for a growing number of gold hydrogen prospectors
6 August 2025
EU industry and politicians are pushing back against the bloc’s green agenda. Meanwhile, Brussels’ transatlantic trade deal with Washington could consolidate US energy dominance
25 July 2025
Oil major cites strategy reset as it walks away from Australian Renewable Energy Hub, leaving partner InterContinental Energy to lead one of world’s largest green hydrogen projects
