Evergreen Renewables to invest INR 4,000 crore in Gujarat


Evergreen Renewables, the India arm of US-based Evergreen Power Solutions, has entered into a Memorandum of Understanding (MoU) with the Government of Gujarat to invest INR 4,000 crore ($480.48 million) in Gujarat, expanding its presence by developing a 400 MW wind-solar hybrid project in the state.

EverGreen has a robust pipeline of more than 2 GW of wind, solar and battery storage projects in the states of Tamil Nadu, Gujarat, Maharashtra, Madhya Pradesh, Karnataka and Andhra Pradesh.

Waaree has signed a non-binding MoU with the Gujarat government to set up a large green hydrogen/ green ammonia manufacturing facility along with hybrid (solar, wind) renewable energy generation.

Advait Infratech has signed an MoU for the manufacturing and assembly of fuel cells and electrolyzers at Kadi, Mehsana, Gujarat, in the year 2024. The government of Gujarat would facilitate Advait Infratech to obtain necessary approvals and clearances from the concerned departments of the State, as per the existing policies/rules and regulations of the state government.


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