Karnataka Regulator Reduces Tariff for 60 MW of Adani Green’s Delayed Solar Projects
The Karnataka Electricity Regulatory Commission (KERC) has denied Adani Green Energy (UP) Limited’s requests for relief under the force majeure clause of its power purchase agreement (PPA) with the Bangalore ...
Strong Performance of Solar Assets Takes Adani Green’s Revenue Up by 10% YoY
Adani Green Energy Limited (AGEL) declared its financial results for the first quarter of the financial year 2020-2021. Despite COVID, The company’s revenue and ‘earnings before interest taxes depreciation amortization’ ...
Adani’s 1.5 GW Rajasthan Solar Park Project Hits Land Hurdle
Adani Group’s initiative to expand its solar power generation portfolio has hit a temporary roadblock. A report by PTI said that the Rajasthan High Court has temporarily stayed its 1,500 ...
Gujarat Commission Directs Distribution Licensee to Comply with Solar RPO Target
The Gujarat Electricity Regulatory Commission (GERC), in a recent ruling, directed MPSEZ Utilities Private Limited (MUPL) to make up for the shortfall of 1.441 MUs in solar RPO within the ...
Here are the Top Global Large-Scale Solar Developers in the World
Mercom Capital Group has released a new report revealing the top 10 global large-scale solar PV developers. Adani Green Energy was the top solar photovoltaics (PV) developer in the world ...
New Transmission Infrastructure for Solar and Wind Coming Up in Rajasthan and Gujarat
The Central Electricity Authority (CEA) has allowed Bikaner Khetri Transmission Limited (BKTKL) and Powergrid Bhuj Transmission Limited (PBTL) to lay transmission lines for renewable projects in Rajasthan and Gujarat. According ...
Adani Port Becomes Part of Science-Based Targets Initiative to Reduce Emissions
Adani Ports and Special Economic Zone Limited (APSEZ) announced that it has signed up for Science-Based Targets initiative (SBTi) to set emission reduction targets across its entire value chain. The ...
Adani Green Wins World’s Largest Bid to Develop 8 GW of Solar Projects
Adani Green has secured the bid to develop solar photovoltaic (PV) power projects of 8 GW along with setting up a solar cell and module manufacturing capacity of 2 GW ...
Newly Operational Projects Take Adani Green’s Revenue Up by 24% in FY 2020
Adani Green Energy Limited (AGEL), the green energy wing of the Adani Group, announced that its revenue rose 24% to ₹25.49 billion (~$339.8 million) in the financial year (FY) 2020, ...
Adani Power Reports ₹22.75 Billion in Losses During FY 2019-20
Adani Power Limited (APL), India’s largest private power generator, reported that its consolidated loss after tax widened to ₹22.75 billion (₹301.1 million) in the financial year (FY) 2019-20, up significantly ...
Adani Green Enters into Joint Venture Agreement with Total Solar Singapore
Adani Green Energy Limited (AGEL), a Gujarat-based solar power developer, announced that it has entered into a joint venture with TOTAL Solar Singapore PTE Limited for about 2.1 GW of ...
Adani, Azure Win SECI’s Manufacturing-Linked Solar Auction, Greenshoe Option Next
Adani Green Energy and Azure Power have won the first of its kind manufacturing-linked solar tender floated by the Solar Energy Corporation of India’s (SECI) for 7 GW of solar ...
Trina and Adani Were the Leading Solar Module Suppliers in India During 1H 2019
According to Mercom’s recently released India Solar Market Leaderboard 1H 2019, in the first half of this year (1H 2019), Trina Solar, Adani, and Risen Energy emerged as the top ...
Azure Power and ReNew Power Were the Top Utility-Scale Solar Developers During 1H 2019
In the first half of this year (1H 2019), Azure Power, ReNew Power, Sprng Energy, and Tata Power emerged as the top four developers of utility-scale solar power projects in ...
Adani Acquires Transmission Project Linked to Renewable Power Generation in Gujarat
Ahmedabad-based Adani Transmission Limited (ATL), has signed a share purchase agreement and completed the acquisition of the WRSS XXI Transco Limited (WRSSTL) from REC Transmission Projects Company. WRSSTL is a ...
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 ...
Urja Global to Issue Green Bonds of up to $500 Million to Finance Renewable Projects & EVs
Urja Global Limited has announced that it has received the approval to raise green bonds of up to $500 million (₹35.64 billion) to finance renewable projects and electric vehicles (EVs) ...
Tata, Hild, Refex & Adani to Develop 769 MW of Solar Capacity for NTPC
Last week, in Solar Energy Corporation of India’s (SECI) 2 GW CPSU solar tender which auctioned 922.4 MW with viability gap funding (VGF) option, the National Thermal Power Corporation (NTPC) ...
Adani Acquires Transmission Project in Rajasthan Solar Zone from PFC Consulting
Adani Transmission Limited (ATL) has signed a share purchase agreement and completed the acquisition of the special purpose vehicle of Bikaner-Khetri Transmission Limited (BKTL), incorporated by PFC Consulting Ltd. ATL ...
Adani Green Records 40% Revenue Increase As New Renewable Projects Begin Generation
Adani Green Energy Limited (AGEL), the renewable energy arm of Adani Group, has announced its financial report for the first quarter (Q1) of the financial year (FY) 2020, ending June ...
Adani Floats Tender for 350 MW of Hybrid Wind-Solar Projects to Meet its RPO
Adani Electricity Mumbai Limited (AEML) has issued a Request for Selection (RfS) for establishing 350 MW of grid-connected wind-solar hybrid power projects. An additional 350 MW capacity has been tendered ...
New Operational Solar and Wind Assets Push Adani Green’s Revenue Up by 39% in FY2019
Adani Green Energy Limited (AGEL), the renewable energy arm of Adani Group, has announced its operational and financial performance for the financial year (FY) 2019 and the fourth quarter ending ...
Adani Quotes Lowest Tariff of ₹2.69/kWh in SECI’s 1.2 GW Solar-Wind Hybrid Auction
Adani Green Energy emerged as the lowest (L1) bidder in the auction conducted by the Solar Energy Corporation of India Ltd. (SECI) for 1,200 MW of ISTS-connected solar-wind hybrid power ...
ACME, Adani, Essel Were the Top Solar Project Developers in India in 2018
In 2018, ACME, Adani, and Essel were the top three developers of utility-scale solar projects in India in terms of installed capacity and accounted for 27% of installations in the ...
Engie’s ₹2.79/kWh Emerges as the Lowest Tariff in SECI’s 480 MW Wind Auction
The Solar Energy Corporation of India (SECI) has auctioned 480 MW of interstate transmission system (ISTS)-connected wind power projects. This was part of the 1,200 MW tender that was floated ...
