Adani Green FY24 Update Highlights 16% Growth In Capacity, 59% In Power Sales Updated On Tue, Jan 16th, 2024 by Saurenergy In an operational update to the stock exchanges, Adani Green Energy Limited (AGEL), the renewable energy developer arm of the Adani Group, has shared the progress it has made in the first 9 months of FY24. With a target of 45GW of operational renewable energy by 2030, which would be close to10% of India targets, […] Read more
Adani Green Announces Completing 1050MW JV With TotalEnergies Updated On Tue, Jan 2nd, 2024 by Saurenergy Adani Green Energy Limited (AGEL) has announced completing the 1,050 MW joint venture (JV) with TotalEnergies. As part of the JV, TotalEnergies invested USD 300 million in the AGEL subsidiary to acquire a 50% stake in the projects. This follows the binding agreement about the JV announced between AGEL and TotalEnergies in September 2023. The […] Read more
Promoters To Invest Rs 9,350 Crore Equity In Adani Green Updated On Tue, Dec 26th, 2023 by Saurenergy Adani Green Energy Ltd (AGEL) announced that the Board of Directors of the firm have approved a preferential issuance of warrants to the Promoters of AGEL for a quantum of Rs 9,350 crore (equivalent to USD 1,125 million) at a per share price of Rs 1,480.75/share calculated basis SEBI ICDR regulations. The issuance is subject […] Read more
Adani Green Concludes PPA For Entire 8GW Manufacturing-Linked SECI Tender Updated On Mon, Dec 25th, 2023 by Saurenergy Adani Green Energy Ltd (AGEL) has announced the execution of power purchase agreement (PPA) with the Solar Energy Corporation of India (SECI) to supply 1,799 MW of solar power. With the signing of this balance PPA, AGEL has completed the power offtake tie-up for the entire 8,000 MW manufacturing-linked solar tender awarded to it by […] Read more
Adani Group Announces Setting Up Of 30GW Green Energy Park In Gujarat Updated On Fri, Dec 8th, 2023 by Saurenergy Gautam Adani, chairperson of Adani Group recently announced the launch of green energy park that is coming up in Gujarat, Rann of Kutch. In the announcement on X a social media platform he shared details of the upcoming green energy park of 30GW. “Proud to play a crucial role in India’s impressive strides in renewable […] Read more
Adani Green Seals Its Largest Project Financing Of USD 1.36 billion Updated On Tue, Dec 5th, 2023 by Saurenergy Adani Green Energy Ltd (AGEL) announced a follow-on funding of USD 1.36 billion (Bn) to further boost its Construction Financing Framework to USD 3 Bn backed by a consortium of renowned international banks. The renewable energy firm said that the green loan facility would play a pivotal role in enabling the development of AGEL’s next […] Read more
Airtouch Solar to Offer Robotic Cleaning Systems for Adani Green’s 150 MW Solar Project Updated On Wed, Nov 29th, 2023 by Saurenergy Airtouch Solar, a developer of robotic solutions for the solar energy market, has announced the signing of an agreement with Adani Green Energy Limited (AGEL), to supply and install water-free robotic cleaning systems for a 150 MW solar plant in India. Under the agreement, Airtouch Solar will install robots at the site by the end […] Read more
Adani Green Bets High On Khavda To Boost Its RE Capacity Updated On Tue, Nov 7th, 2023 by Saurenergy Adani Green Energy Limited (AGEL), which has aimed to deliver 45 Gigawatt (GW) of renewable energy by 2030, has planned to use the vast opportunities at Khavda Solar Park in Gujarat to bolster its capacity. The firm, in its latest investor call, talked about its likely capacity boost plans. The management said it has deployed a […] Read more
Adani Green Reports 58% Spike In EBITDA On YoY Basis Updated On Mon, Oct 30th, 2023 by Saurenergy Adani Green Energy Limited (AGEL) in its latest filing before the Bombay Stock Exchange (BSE) said that it reported a 7.69 percent rise in its Profit After Tax (PAT) in the latest quarter ending September 30, 2023, compared to its last quarter. As per the details of the unaudited consolidated financial results, the renewable energy […] Read more
