In Short : Adani Green Energy Ltd plans to invest $3.64 billion in FY26 to add 5 GW of clean energy, a 50% rise from the previous year. The move supports its goal of 50 GW capacity by 2030. Despite legal scrutiny of key executives, the company asserts compliance and continues building India’s largest renewable […]
Adani Green Expands Renewable Footprint with 480 MW Addition at Khavda – EQ
In Short : Adani Green Energy operationalized 480 MW of renewable projects at Khavda, Gujarat, raising its total capacity to 14,217 MW. The Khavda Renewable Energy Park, set to become the world’s largest at 30 GW, aligns with India’s 500 GW clean energy goal by 2030. AGEL plans a ₹1.5 lakh crore investment for sustainable […]
Adani Green Commissions 212.5 MW Solar Power Project in Gujarat – EQ
In Short : Adani Green Energy has commissioned a 212.5 MW solar power project in Khavda, Gujarat, boosting its total renewable capacity to 13,700 MW. The site is part of AGEL’s upcoming 30,000 MW renewable energy park. Additionally, AGEL secured a 400 MW solar power deal in Rajasthan, reinforcing its role in India’s clean energy […]
Adani Green Refinances Debt With $1.06 Billion To Construct Renewable Energy Project In Rajasthan – EQ
In Short : Adani Green Energy refinanced its $1.06 billion construction loan to develop India’s largest solar-wind hybrid project in Rajasthan. The new 19-year financing structure aligns with the project’s lifespan, ensuring long-term stability. Despite challenges, including scrutiny over a U.S. indictment, Adani Green remains committed to expanding its renewable portfolio, targeting 50 GW capacity […]
Adani Green Expands Renewable Footprint with 250 MW Solar Project in Rajasthan Amid Legal Scrutiny – EQ
In Short : Adani Green Energy Ltd (AGEL) has commissioned a 250 MW solar power project in Rajasthan’s Jodhpur district, increasing its total operational renewable capacity to 11,434 MW. This aligns with AGEL’s expansion efforts, including a 1,150 MW joint venture with TotalEnergies. Meanwhile, the company faces U.S. bribery allegations, which it has denied. In […]
TotalEnergies to invest $444 million in new joint venture with Adani Green – EQ
In Short : TotalEnergies is set to invest $444 million in a new joint venture with Adani Green Energy. This significant investment will enhance their collaboration in renewable energy, focusing on expanding solar and wind energy projects in India. The partnership aims to accelerate the development of clean energy infrastructure, contributing to India’s ambitious renewable […]
Adani Green secures $400 million funding for 750 MW power projects – EQ
In Short : “Adani Green secures $400 million funding for its 750 MW power projects, marking a significant milestone in advancing renewable energy infrastructure and supporting India’s clean energy goals.” In Detail : The $400 million fund will support the completion and commissioning of these solar projects, with operations expected to begin from November 2024 […]
Adani Green to Develop 30 GW Solar Energy at Khavda RE Park by 2029 – EQ
In Short – Adani Green’s ambitious plan to develop 30 GW of solar energy at the Khavda Renewable Energy Park by 2029 marks a substantial stride towards India’s renewable energy goals. This initiative underscores Adani’s commitment to sustainable energy development and positions the Khavda RE Park as a key player in India’s transition […]
Adani Green seeks $400 million in offshore loan: Report – EQ
In Short – According to reports, Adani Green is pursuing a $400 million offshore loan. This move suggests the company’s intent to secure funds for its renewable energy ventures. Adani Green’s pursuit of international financing reflects its commitment to expanding its green energy portfolio and underscores the global significance of renewable energy investment in today’s […]
Adani Green plans to raise $409 million US dollar bonds to repay loan – EQ
In Short : Adani Green is planning to raise $409 million through US dollar bonds to repay loans. This move suggests a financial strategy to manage debt obligations and fund the company’s renewable energy projects, contributing to Adani Green’s growth and sustainability goals. In Detail : The proceeds will be used to redeem the $500 […]