Adani Green Posts 31% Revenue Growth YoY in Q3 FY 2021 as Solar Sales, Capacity Soar
Adani Green Energy Limited (AGEL) reported a 61% rise in total income in Q3 2021 compared to the same quarter the previous year. During the quarter, AGEL earned ₹8.43 billion ...
French Oil and Gas Major Total to Acquire 20% Stake in Adani Green for $2.5 Billion
Total, a French oil and gas major, has acquired a 20% minority interest in Adani Green Energy (AGEL) from Adani Group. The two partners agreed to the acquisition of a ...
With New Solar Capacity Additions, Adani Green’s Revenues Increases 15% in Q2 of FY 2021
Adani Green Energy Limited (AGEL), a part of the Adani Group, has released the financial results for the second quarter (Q2) of the financial year (FY) 2020-21. According to the ...
Adani Green Expands its Joint Venture with TOTAL after Acquiring 205 MW of Solar Assets
Adani Green Energy Limited (AGEL) announced that it has added 205 MW of operational solar projects worth ₹16.32 billion (~$222.9 million) to the portfolio of its joint venture with French ...
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 ...
CERC Approves a Tariff of ₹2.69/kWh for Adani’s 600 MW of ISTS Solar-Wind Hybrid Projects
The Central Electricity Regulatory Commission (CERC) has approved a tariff of ₹2.69 (~$0.036)/kWh discovered by the Solar Energy Corporation of India (SECI) for 600 MW of wind-solar hybrid projects (Tranche ...
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, ...
COVID-19 Impact: Solar Module Manufacturer SunPower Halts Production Temporarily
Companies across the globe are trying hard to tackle the unprecedented economic crisis caused by the ongoing coronavirus pandemic. In one such case, a U.S. solar panel maker, SunPower Corp, ...
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 ...
Karnataka Commission Asks Kodangal Solar Park to Compensate for Commissioning Delay
The Karnataka Electricity Regulatory Commission (KERC) has dismissed Marikal Solar Parks Private Limited’s request to approve the date on which the second supplemental power purchase agreement (SPPA) was signed as ...
Adani Green’s Profit for Q2 FY20 Reaches ₹10.2 Million
Adani Green Energy Limited (AGEL), the renewable energy arm of Adani Group, has announced its consolidated results for the first half of the financial year (FY) 2020 and the second ...
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 ...
IFC and HSBC Establish Green Bond Fund Focused on Providing Access to Climate Finance
The International Finance Corporation (IFC), the financial arm of the World Bank, along with HSBC Global Asset Management, has announced their first global green bond fund aimed at “real economy” ...
Adani Green to Raise $500 Million Through Green Bonds
Adani Green Energy Limited (AGEL), the renewable energy arm of Adani Group, has announced it will raise $500 million through green bonds. The bonds will be listed on the Singapore ...