TotalEnergies to Invest $300 Mn in JV with Adani Group for Green Energy Updated On Thu, Sep 21st, 2023 by Saurenergy French multi-energy firm, TotalEnergies, will make an investment to the tune of $300 million in a 50-50 joint venture with Adani Green Energy. This initiative is towards the generation of solar and wind energy in India. The joint venture between the two firms sets sights on 1,050 MW of power. The investment by TotalEnergies will […] Read more
Adani Green Reports 55% Spike In Revenue From Power Supply In Q1 Fy24 Updated On Mon, Jul 31st, 2023 by Saurenergy Adani Green Energy Limited, the green energy developer arm of the Adani Group, has reported it’s results for the June quarter (Q1) of Fy-23-24. Revenue from Power Supply up by 55% YoY to Rs. 2,059 Cr in Q1 Fy24, versus Rs 1328 crores in Q1 Fy23. Operational Capacity increases by 43% YoY to 8,316 MW […] Read more
Adani’s New Energy Arm In Trade Finance Facility For $394m Updated On Fri, Jul 28th, 2023 by Saurenergy Adani New Industries Limited (ANIL) ecosystem has announced the raise of a trade finance facility of USD 394mn (INR 3,231 Cr) from Barclays PLC and Deutsche Bank AG for securing working capital requirements of its integrated solar module manufacturing facility. ANIL, a wholly owned subsidiary of Adani Enterprises Ltd, is building an ecosystem of one […] Read more
Adani Green’s RE Capacities Grew 43% in Q1 on YoY Updated On Fri, Jul 14th, 2023 by Saurenergy Adani Green Energy Limited (AGEL), the renewable energy arm of Adani Group, increased its renewable energy capacities by 43 percent in Q1 on a Year-On-Year (YoY) basis. While it added 5,800 MW of renewable power in Q1 of FY23, it increased its capacity to 8,316 in Q1 of FY 24, reporting a 43 percent rise […] Read more
Adani Green Energy Q4 Results Strong, Net Profit Rises 319 Percent Updated On Wed, May 3rd, 2023 by Saurenergy The Adani Groups green energy development arm, Adani Green Energy has announced a rise of 319 per cent in consolidated net profit to Rs 507 crore for the Q4 quarter ended March 2023. This corresponds to a net profit of Rs 121 crore in the corresponding quarter last fiscal. Other key numbers on the EBITDA […] Read more
Adani Green Reports 49% Increase In Renewable Energy Capacity In FY23 Updated On Fri, Apr 14th, 2023 by Saurenergy Adani Green Energy Limited (AGEL), the renewable energy arm of the Adani Group, on Friday, reported a 49 percent addition to its total renewable energy capacity in the fiscal year 2023. As a result, the total capacity of AGEL-owned renewable energy touched 8,086 Megawatt (MW) with the recorded rise. In its latest provisional annual consolidated […] Read more
Adani Green Energy Records India’s Largest Operating Renewable Portfolio at 8,024 MW Updated On Fri, Mar 3rd, 2023 by Saurenergy Adani Green Energy (AGEL) has revealed that its 700 MW hybrid green energy project has been set into operation, following which, the firm’s cumulative operating renewable portfolio has reached 8,024 MW. This is India’s largest operating renewable portfolio. The said project is AGEL’s fourth wind-solar hybrid power plant that is fully in operation in Rajasthan’s […] Read more
Adani Green Energy Q3 Results- Operational Capacity Up 35%, EBITDA 44% Updated On Tue, Feb 7th, 2023 by Saurenergy Embattled Adani group firm, Adani Green Energy Limited has reported its results for the Q3, Fy23. The firm, with a target of 25 GW of renewable assets by 2025, has reported a strong financial Performance, with revenue from power supply increasing by 39% YoY to Rs 3,695 Cr. The firm continued to lead in generation […] Read more
Inox Green Acquires Wind O&M Firm I-Fox Windtechnik, Enters Multi Brand O&M Business Updated On Fri, Feb 3rd, 2023 by Saurenergy Renewable energy conglomerate Inox Green Energy Services Limited (IGESL) has said that it has acquired a majority stake in I-Fox Windtechnik India that will help the company in its wind energy business. Inox Green is a subsidiary of Inox Wind. With this, Inox has entered the market for multi brand O&M services in Wind Energy. […] Read more
