Brookfield and RIL sign MoU for onshore renewable power and decarbonization equipment manufacturing in Australia

Brookfield Asset Management has signed a Memorandum of Understanding (MoU) with Reliance Industries, for manufacturing of renewable energy and decarbonization equipment in Australia, the company said today.

The MoU aims to both accelerate and de-risk Australia’s energy transition by enabling it to locally produce clean energy equipment such as PV modules, long duration battery storage and components for wind energy.

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