Brookfield Asset Management, a global leader in renewable energy investments, has sold 1.6 GW of solar and wind assets in India to Gentari Renewables India. With a substantial 46 GW of installed capacity globally and a development pipeline of 200 GW in India, Brookfield continues to strengthen its commitment to clean energy. This transaction highlights the growing momentum of renewable energy investments in India, creating new avenues for green energy growth.
Gentari’s acquisition marks its second in India within the past year, emphasizing its aggressive expansion in the country’s renewable sector. India’s transition to clean energy is gaining pace, driven by large-scale investments in wind and solar power. This shift not only contributes to reducing carbon emissions but also generates new job opportunities, fostering sustainable economic growth. The deal exemplifies the growing confidence in India’s renewable energy potential, with key players continuing to invest heavily in this space. The renewable sector’s expansion in India aligns with global sustainability goals, pushing the country closer to achieving its green energy targets. Through these strategic investments, renewable energy is becoming a key pillar of India's energy future.
For more such Industry News visit: https://lnkd.in/fJGUps8