brookfield

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Brookfield to Set Up 10.5 GW Renewable Projects for Microsoft as AI Drives Demand

Canada-based Brookfield Asset Management, along with Brookfield Renewable Partners, has signed a global framework agreement with tech giant Microsoft to develop over 10....

May 6, 2024

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Arshreet Singh

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Renewable Energy
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Avaada Secures ₹11.9 Billion Green Financing for 400 MW Solar Project

Avaada Energy, the renewable energy division of Avaada Group, has secured green financing of ₹11.9  billion (~$143 million) from the State Bank of India (SBI), a public...

May 2, 2024

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Gautamee Hazarika

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Other

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Renewable Energy
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Daily News Wrap-Up: Electric Vehicle Sales Surge 40% YoY in Q3 2023

Electric vehicle (EV) sales in India reached 371,214 units in the third quarter of 2023, a year-over-year increase of 40% compared to 264,781 units sold in the same...

October 4, 2023

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Mercom Staff

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Daily Wrap-up
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Brookfield Bolsters UK Portfolio with Banks Renewables Acquisition

The Banks Group, a Durham headquartered infrastructure and energy firm, announced the acquisition of Banks Renewables, its renewable energy division, by global asset...

October 3, 2023

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Gautamee Hazarika

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Markets & Policy

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Renewable Energy
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Daily News Wrap-Up: RUMSL Tenders for 750 MW of Wind-Solar Hybrid Projects

Rewa Ultra Mega Solar has invited bids to develop 750 MW wind-solar hybrid power projects in Madhya Pradesh on a build-own-operate basis. The developers can also propose...

October 3, 2023

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Mercom Staff

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Daily Wrap-up
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Brookfield to Invest $845 Million in Renewables JV with Axis Energy in India

Global asset management firm Brookfield and Axis Energy Ventures have announced their second renewable energy joint venture partnership in India. Brookfield, through its...

September 29, 2023

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Gautamee Hazarika

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Other

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Renewable Energy
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Most Greenfield Solar Projects Amenable to Robotic Cleaning: Interview

Solar projects are increasingly opting for robotic cleaning, which provides more reliability than manual cleaning and up to 5% more energy production. With solar...

May 17, 2023

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Sumit Jha

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Markets & Policy

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Solar
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Brookfield Renewables’ Q1 Loss Narrows on Higher Generation and Prices

Canada-based clean energy investor Brookfield Renewable Partners’ net loss narrowed to $32 million in the first quarter (Q1) of the financial year (FY) 2023 from $78...

May 8, 2023

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Gourav Mishra

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Finance and M&A

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Other

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Renewable Energy
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Avaada Raises $1 Billion from Brookfield for Green Hydrogen Foray

Avaada Group has raised $1.07 billion from Brookfield Renewable to support its green hydrogen and green ammonia projects in India. The funding is part of the...

April 26, 2023

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Gautamee Hazarika

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Finance and M&A

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Other

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Renewable Energy
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Brookfield, EIG Consortium Seal A$18.7 Billion Deal to Buy Origin Energy

A consortium of Brookfield Asset Management and MidOcean Energy, the global LNG platform owned and managed by EIG, has agreed to acquire Australia-based integrated power...

March 29, 2023

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Arjun Joshi

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Finance and M&A

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Renewable Energy
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Funding and M&A Roundup: Energy Storage Firm Moxion Secures $100 Million to Scale Production

From: Mercom Capital Group Moxion Power, a manufacturer of mobile energy storage technology, announced securing $100 million in Series B funding, led by Tamarack Global,...

October 6, 2022

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Staff

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Finance and M&A

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Other
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Brookfield Acquires Scout Clean Energy and Standard Solar for Over $1.5 Billion

Renewable energy investor Brookfield Renewable, together with its institutional partners, has announced the acquisition of two clean energy companies in the United...

September 30, 2022

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Vijayalakshmi Sridhar

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Finance and M&A

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Other
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Brookfield Renewable Partners Reduces Loss by 98% YoY in Q2 2022

Canada-based renewable energy investor Brookfield Renewable Partners announced the financial results for the first half (1H) and the second quarter (Q2) of the calendar...

August 11, 2022

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Arjun Joshi

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Other

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Renewable Energy
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Tata Power Solar Commissions a 450 MW Project for Brookfield Renewable in Rajasthan

Tata Power Solar Systems, a wholly-owned subsidiary of Tata Power, has commissioned a 450 MW solar project for Brookfield Renewable in Rajasthan. The engineering,...

June 9, 2022

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Gourav Mishra

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Solar

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Utility Scale
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Brookfield Raises $7 Billion for its Global Energy Transition Fund

Brookfield Asset Management, a Canada-based asset management company, announced that it had raised $7 billion in the initial close of its Brookfield Global Transition...

July 28, 2021

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Harsh Shukla

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Finance and M&A

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Other

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