One of India’s major renewable energy producers, Adani Green Energy Limited (AGEL), has surpassed 10 GW of operational renewable energy installations. This large portfolio consists of 7,393 MW solar, 1,401 MW wind and 2,140 MW wind-solar hybrid capacity. Out of these total deployments, 2,848 MW of capacity was brought online in the Indian financial year 2023-24.
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Adani Green Energy Limited (AGEL), one of India’s largest renewable energy companies, has commissioned a total of 1 GW of solar capacity at Khavda in the state of Gujarat. This 1 GW project is the part of a larger 30 GW renewable energy park that is expected to be completed over the next five years and will be spread over 538 sq km of barren land.
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As part of COP26, Indian industry giant Adani Group’s two companies – Adani Green Energy Limited (AGEL), the solar power development arm, and Adani Transmission Limited (ATL), the power transmission and retail distribution company, announced their Energy Compact Goals, with a focus on Sustainable Development Goal 7 (SDG 7). SDG 7 outlines a set of objectives to be met by 2030. The companies must ensure universal access to affordable, dependable, and contemporary energy services, as well as a significant increase in the global percentage of renewable energy.
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Leading India-based developer, Adani Green Energy Limited (AGEL) has announced that its subsidiary Adani Solar Energy Chitrakoot One Limited has commissioned a 50 MW solar power plant in Chitrakoot, Uttar Pradesh. The tariff of the solar project is Rs 3.07 per kWh. The developer has signed a 25-year power purchase agreement (PPA) with Uttar Pradesh Power Corporation Limited.
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A leading Indian IPP, Adani Green Energy Limited (AGEL) has announced that it raised a $1.35 billion debt package for its renewable asset portfolio which is currently under construction. Further, the company has signed definitive agreements with international lenders. The funding will be utilised to finance 1.69 GW of solar-wind hybrid projects currently being developed in the Indian state of Rajasthan.
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Energy giant Total has announced the acquisition of a 20% minority interest in Adani Green Energy Limited (AGEL) from Adani Group, India’s leading infrastructure platform. This transaction is the latest development in the strategic alliance between the two parties. With this latest acquisition, Total will have a seat on the Board of Directors of AGEL.
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The Solar Energy Corporation of India (SECI) has unveiled the results of its 15 GW tender designed to give a boost to India’s solar manufacturing sector. The tender comprises 12 GW of solar PV plant capacity and 3 GW of domestic solar cell and module manufacturing capacity.
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