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Avaada Energy wins 280 MWp in SECI’S ISTS-Connected Solar Projects Auction
The company will supply solar power at a tariff of Rs 2.61 (~$0.032)/kwh, the highest tariff among other winners of the auction.Read more
Avaada Energy gets LoI for 400 MW DC Solar Project from GUVNL
The company has won 200 MW under base capacity at a tariff of Rs 2.75/kWh and another 200 MW under green shoe option at a tariff of Rs 2.71/kWh from GUVNL under tariff-based competitive bidding process followed by an e-Reverse auction. Read more
Brookfield making sustainable energy investment for $1 bn in Avaada Ventures
A formal agreement was signed recently between Canadian investor Brookfield and serial entrepreneur Vineet Mittal, founder of the Avaada group to invest into country biggest sustainable energy investment, told people aware on the topic demanding anonymity.Read more
Avaada aims to become 30 GW company by 2030
In this interaction with Rakesh Rao, Vineet Mittal, Chairman, Avaada Group, explains the relevance of solar energy to achieve India’s renewable energy goals and how Avaada is playing a role of an enabler in this green journey.Read more
Global solar sector receives $ 9 bn funding in 9 months: Mercom
With solar sector picking up pace, the investments in the sector have showed a positive growth trend and are currently up by 34 per cent, says Mercom Capital Group in a report.Read more