Adani Green Raises $200 Mn Through Yen-Denominated Refinancing Deal Updated On Fri, Dec 2nd, 2022 by Saurenergy Adani Green Energy Ltd (AGEL) has raised a Japanese yen-denominated loan to refinance its current debt for 350 MW of solar projects in the Indian state of Andhra Pradesh. This was done through its subsidiary Adani Solar Energy AP Six. The facility consists of an amortizing project loan for JPY 27,954 million ($200 million), with […] Read more
Adani Green Q2 Results- Profits Grow 49% As Strong Solar Growth Continues Updated On Fri, Nov 11th, 2022 by Saurenergy Adani Green Energy Limited, the renewable development arm of the Adani group that has set a 45 GW capacity target for 2030, has announced its Q2 FY23 results. Operational capacity has grown to 6724 MW during the quarter. Revenues from power supply jumped 33% over the corresponding quarter in Fy22, going to Rs 1107 crores […] Read more
TotalEnergies Considers The Possibilities Of The 5X Jump In Value Of AGEL Investment Updated On Fri, Sep 30th, 2022 by Saurenergy Patrick Pouyanne, CEO at French energy major TotalEnergies’ SE has indicated that the firm will consider the possibility of selling a small part of its 20% stake in Adani Green Energy Ltd. At current prices, that stake is worth just around $10 billion. In 2021, the French energy company had paid $2 billion for its […] Read more
The Top List. Key Foreign Investors in Indian Renewable Sector Updated On Mon, Sep 5th, 2022 by Saurenergy Investors are moving to the renewable energy markets across the globe. Some of the largest foreign investors are finding it ideal to pour their investments into the Indian renewable sector. India promises highly favourable weather conditions and a willingness to rapidly develop the clean energy industry. In fact, it is one of the top destinations […] Read more
Adani Green Energy Q1 Results: Strong Revenue Growth, Profit Stumbles Updated On Wed, Aug 3rd, 2022 by Saurenergy Adani Green Energy Limited has announced it’s results for Q1, FY 23. The firm has reported net sales at Rs 1,701.00 crore in June 2022, up 57% from Rs. 1079 crore in June 2021. On a QoQ basis, vis a vis March 2022, sales have moved up from Rs 1587 crores in March, just over […] Read more
Rajasthan Gives Land To Adani For 1,000 MW Solar Project Updated On Mon, Jun 13th, 2022 by Saurenergy The highest capacity installer in terms of solar power projects considering both installed and pipeline capacity, Rajasthan, continues to build on it smart turnaround since 2019. Chief Minister Ashok Gehlot led cabinet meeting decided to allot government land of a size of almost 2,400 hectares for the development of solar power projects. The solar power […] Read more
Adani Green (AGEL) Raises $288 Million for Renewable Energy Projects Updated On Tue, Mar 22nd, 2022 by Saurenergy Renewable major Adani Green Energy Ltd (AGEL) has raised $288 million afresh from a group of global lenders through green project loan agreements. The facility has been raised to fund the under-construction renewable asset portfolio of the company. AGEL has said through an official statement that the new loan will help the company to initially […] Read more
AGEL Announces Q3 Results. Ebitda From Power Supply Up 56% YOY Updated On Wed, Feb 2nd, 2022 by Saurenergy Adani Green Energy Limited (AGEL), the green energy development arm of the Adani Group has announced its results for the 9 months ending December 2021. With operational capacity increasing by 83% to 5410 MW, the company has a strong set of results to show for Q3, even as the Adani group embarks on a massive […] Read more
ANIL To Lead Adani Group’s Renewable Energy Shift Updated On Mon, Jan 10th, 2022 by Saurenergy The Adani Group, which already has Adani Solar for solar manufacturing, and Adani Green Energy Limited for developing renewable energy projects, has set up a new subsidiary, Adani New industries Limited, (ANIL) to undertake the next big phase of its green energy ambitions. From green hydrogen projects, generation of low carbon electricity and manufacture of […] Read more
