Avaada Group: Powering India's Green Revolution with Renewables and Hydrogen Innovation
Key Ideas
  • Avaada Group is a key player in India's renewable energy sector, with over 5.4 GW of renewable capacity online and significant future expansion plans.
  • The group's focus on manufacturing solar components locally is boosting India's self-reliance and global standing in the solar industry.
  • Avaada is not only investing in energy storage solutions to ensure grid stability but is also pioneering green hydrogen and ammonia projects to decarbonize heavy industries.
  • Through its initiatives, Avaada has not only created over 10,000 green jobs but is also empowering local communities and contributing to India's energy transformation.
Avaada Group, based in Mumbai, is playing a pivotal role in reshaping India's energy landscape towards sustainability and self-reliance. With a strong focus on renewable energy, Avaada has over 5.4 GW of operational capacity and ambitious plans for future growth. The group's manufacturing arm, Avaada Electro, is bolstering India's solar manufacturing capabilities with cutting-edge facilities in Dadri, Greater Noida, and Butibori, showcasing the country's potential as a global solar manufacturing hub. In addition to solar, Avaada is leading the way in energy storage solutions, with pumped storage projects and Battery Energy Storage Systems in the pipeline to ensure grid stability. Moreover, Avaada's foray into green hydrogen and ammonia production aligns with India's clean energy goals, aiming to decarbonize key industries. Besides technological advancements, Avaada is deeply committed to community welfare, having generated thousands of green jobs and fostering local talent. The group's success is further bolstered by substantial global funding from prominent investors like Brookfield, PTT Group, and ADB, reflecting confidence in India's renewable future. Avaada's comprehensive approach, from renewable energy generation to manufacturing and green hydrogen initiatives, marks a significant contribution to India's journey towards a cleaner and more sustainable energy ecosystem.
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