Daily News Wrap-Up: Sri Lanka Approves Adani Green Energy’s Wind Projects

Daily News Wrap-Up: Sri Lanka Approves Adani Green Energy’s Wind Projects

Here are some noteworthy cleantech announcements of the day from around the world: Sri Lanka's Energy Minister Kanchana Wijesekara announced that Adani Green Energy was issued provisional approvals for two ...
/ / Other, Renewable Energy
Daily News Wrap-Up: Adani & ReNew to Invest in Renewable Projects in Andhra and Karnataka

Daily News Wrap-Up: Adani & ReNew to Invest in Renewable Projects in Andhra and Karnataka

Here are some noteworthy cleantech announcements of the day from around the world: Adani Green Energy (AGEL) signed a memorandum of understanding with the Andhra Pradesh government to develop green ...
Adani Green To Receive $500 Million of IHC’s $2 Billion Investment in Adani Group

Adani Green to Receive $500 Million of IHC’s $2 Billion Investment in Adani Group

Abu Dhabi-based public joint-stock company International Holding Company PJSC (IHC) announced an investment of $2 billion in three of Adani Group's companies. Adani Green Energy will receive $500 million out ...
/ / Finance and M&A, Other
Adani Green Registers 47% YoY Increase in Cash Profits in 9M 2022

Adani Green Registers 47% YoY Increase in Cash Profits in 9M 2022

Renewable energy company Adani Green Energy (AGEL) has generated ₹26.55 billion (~$355.04 million) as revenue from power supply in the first nine months (9M) of the financial year (FY) 2022, ...
/ / Markets & Policy, Solar
Advanced Technology Adoption Vital to Cut O&M Cost, Increase Solar Project Efficiency

Advanced Technology Adoption Vital to Cut O&M Cost, Increase Solar Project Efficiency

Mercom India hosted a webinar on December 8, 2021, to understand the critical role operations and maintenance (O&M) companies play in optimizing the performance of solar assets while mitigating challenges ...
/ / Markets & Policy, Solar
TotalEnergies' Consolidated Net Income Up 127% YoY With $2.29 billion in Q2 2021

TotalEnergies’ Consolidated Net Income Up 127% YoY With $2.29 Billion in Q2 2021

TotalEnergies, a French oil and gas major, announced the results for the second quarter (Q2) of 2021 and the first half (1 H) of 2021. The company's consolidated net income ...
/ / Finance and M&A, Other
Daily News Wrap-up_ NTPC Commissions 70 MW Capacity of a Solar Project

Daily News Wrap-up: NTPC Commissions 70 MW Capacity of a Solar Project

Here are some noteworthy cleantech announcements of the day from around the world: NTPC has announced that 70 MW of 85 MW Bilhaur Solar PV Project at Bilhaur, Uttar Pradesh, ...
/ / Other, Renewable Energy
Torrent Power and Adani Green Winners in Gujarat’ 300 MW Solar Auction

Torrent Power and Adani Green Winners in Gujarat’s 300 MW Solar Auction

Torrent Power Generation and Adani Green Energy are winners in Torrent Power Limited’s auction to develop 300 MW of grid-connected solar projects in Gujarat. Adani Green and Torrent Power quoted ...
/ / Solar, Tenders & Auctions
Adani Green Completes Acquisition of 205 MW of Operational Solar Projects from Essel

Adani Green Completes Acquisition of 205 MW of Operational Solar Projects from Essel

Adani Green Energy Limited (AGEL) said it has completed the acquisition of 205 MW of operational solar assets in Punjab, Karnataka, and Uttar Pradesh from Essel Green Energy Private Limited ...
Despite Relief Measures, DISCOM Dues to Renewable Generators Rose to ₹103 Billion in July

Despite Relief Measures, DISCOM Dues to Renewable Generators Rose to ₹103 Billion in July

The distribution companies (DISCOMs) owed renewable generators nearly ₹103.11 billion (~$1.4 billion) in overdue payment (excluding dues under dispute) spread across 579 invoices at the end of July 2020, according ...
/ / Grid, Market & Policy
Regulator Dismisses Solar Developer’s Plea for Respite Under Force Majeure

Regulator Dismisses Solar Developer’s Plea for Respite Under Force Majeure

The Karnataka Electricity Regulatory Commission (KERC) dismissed Adani Green Energy (UP) Limited’s plea for relief under the force majeure clause in its power purchase agreement (PPA) with the Gulbarga Electricity ...
/ / Markets & Policy, Solar
Karnataka Commission Reduces Tariff for a 20 MW Solar Project for Commissioning Delay

Karnataka Regulator Reduces Tariff for a 20 MW Solar Project for Commissioning Delay

The Karnataka Electricity Regulatory Commission (KERC) dismissed Adani Green Energy (UP) Limited’s (Adani Green) plea for relief on the grounds of the ‘force majeure’ clause for its 20 MW solar ...
Adani Green Gets Stakeholders’ Approval to Raise ₹25 billion

Adani Green Gets Stakeholders’ Approval to Raise ₹25 Billion

Adani Green Energy Limited (AGEL) announced that it had received approval from its shareholders to raise ₹25 billion (~$331 million). The approval was granted during the company’s fifth annual general ...
Adani Green to Receive Refund of ₹1.2 Million for a 20 MW Solar Project in Mysuru

Adani Green to Receive Refund of ₹1.2 Million for a 20 MW Solar Project in Mysuru

The Karnataka Electricity Regulatory Commission (KERC) has ordered that Adani Green Energy Limited (AGEL) should get a refund of ₹1.2 million (~$15,754) from the Gulbarga Electricity Supply Company Limited (GESCOM) ...
/ / Solar, Utility Scale
Adani Asked to Compensate for Delay in Land Possession for a 20 MW Solar Project

Adani Asked to Compensate for Delay in Land Possession for a 20 MW Solar Project

The Karnataka Electricity Regulatory Commission (KERC) has dismissed Adani Green Energy Limited’s (AGEL) request to approve the date on which the supplemental power purchase agreement (PPA) was signed to be ...
/ / Markets & Policy, Solar
Tata Power to Buy 50 MW of Wind Power from SECI at ₹2.52_kWh

Tata Power to Buy 50 MW of Wind Power from SECI at ₹2.52/kWh

The Central Electricity Regulatory Commission (CERC) has approved a tariff of ₹2.52 (~$0.034)/kWh as requested by the Tata Power Delhi Distribution (TPDDL) for 50 MW of wind power from the ...
/ / Wind
Important Headlines from India’s Renewable Sector in February 2020

Important Headlines from India’s Renewable Sector in February 2020

February was a busy month for the domestic renewable sector, with many important events and announcements making the headlines. There were several important announcements in the month, including the Union ...
Total to Acquire 50% Stake in Adani Green’s Solar Portfolio for $510 Million

Total to Acquire 50% Stake in Adani Green’s Solar Portfolio for $510 Million

Total, a French oil and gas major, has entered into an agreement with Adani Green Energy Limited  (AGEL) to acquire a 50% stake in a joint venture company for $510 ...
/ / Finance and M&A, Solar
SECI’s Manufacturing-Linked Solar Tender Receives Good Response, Oversubscribed by 1 GW

SECI’s Manufacturing-Linked Solar Tender Receives Good Response, Oversubscribed by 1 GW

The Solar Energy Corporation of India (SECI) has received a good response for its 7 GW solar tender that has been linked with a manufacturing component. After a slew of ...
Adani Green Raises $362.5 Million Through Issuance of Green Bonds

Adani Green Raises $362.5 Million Through Issuance of Green Bonds

Adani Green Energy Limited (AGEL) has announced that its subsidiaries, Adani Renewable Energy Limited, Wardha Solar (Maharashtra), and Kodangal Solar Parks Private Limited, have approved the issuance of dollar-denominated 20-year ...
/ / Finance and M&A, Solar
Adani Green Energy to Acquire 205 MW of Solar Assets from Essel Group

Adani Green Energy to Acquire 205 MW of Solar Assets from Essel Group

Adani Green Energy, the renewable energy arm of Adani Group, has announced that it has signed an agreement to acquire 205 MW of solar assets from Essel Group. The projects which ...
/ / Finance and M&A, Solar
Bombay Stock Exchange Launches Exclusive Trading Platform for Green Bonds

Bombay Stock Exchange Launches Exclusive Trading Platform for Green Bonds

India now has its own green bond trading platform. The Bombay Stock Exchange (BSE)’s international arm, India International Exchange (India INX), recently announced its exclusive green listing and trading platform ...
CERC Dismisses Adani Green’s Petition Against Power Grid Corporation

CERC Dismisses Adani Green’s Petition Against Power Grid Corporation

The Central Electricity Regulatory Commission has announced its ruling in a case that involved Adani Green Energy Limited (AGEL) and Power Grid Corporation Limited (PGCIL). The case was about three ...
MERC Approves PPAs for Solar Projects Totaling 235 MW in Maharashtra

Increase in Operational Solar Capacity Takes Adani Green’s Revenue up by 4% in Q3 FY19

Adani Green Energy Limited (Adani Green), a part of Adani Group, today announced its financial performance for the nine months and third quarter ending December 31, 2018. The company announced ...
/ / Markets & Policy, Solar
Azure’s Petition before MERC Seeking Declaration of GST as Change in Law Dismissed

Adani Seeks to Purchase 700 MW of Solar Power With 350 MW Under Greenshoe Option

Adani Electricity Mumbai Limited has issued a Request for Selection (RfS) for the purchase of power from 350 MW of grid-connected solar projects on a long-term basis through a competitive ...
/ / Solar, Tenders & Auctions