Reliance Industries, Brookfield sign initial pact to boost renewable energy manufacturing in Australia
Reliance Industries and Brookfield Asset Management have entered into an initial agreement with the aim of exploring opportunities for manufacturing renewable energy and decarbonization equipment within Australia.
The Memorandum of Understanding (MoU) seeks to accelerate as well as de-risk Australia’s energy transition by enabling local production of clean energy equipment, including PV modules, long duration battery storage, and wind energy components, the Indian conglomerate said in a press statement.
