Under the MoU, Avaada will develop 5 GW of solar power, 1 GW of wind energy, and 5 GWh of battery storage across Gujarat’s Kutchh, Banaskantha and Surendranagar districts. Avaada Group has signed a ₹360 billion memorandum of understanding (MoU) with the Gujarat government to develop large-scale solar, wind and battery energy storage system (BESS)...
Tag: Battery Storage
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REC Signs ₹18,360 Cr MoU with Govt. of Kerala for Pump Storage Projects
REC Limited, a Maharatna CPSE under the Ministry of Power and a leading NBFC, has signed an MoU with the Energy Management Centre (EMC), Government of Kerala, for collaboration and financing of Pumped Storage Projects (PSP) in Kerala. The MoU was signed during the Global Green Hydrogen & Renewable Energy Summit 2025. Under this agreement,...