Daily News Wrap-Up Adani Green Completes Acquisition of SB Energy India

Daily News Wrap-Up: Adani Green Completes Acquisition of SB Energy India

Here are some noteworthy cleantech announcements of the day from around the world: Adani Green Energy Limited (AGEL) has completed the acquisition of a 100% stake in SB Energy India ...
/ / Other, Renewable Energy
Daily News Wrap-Up Tata Power Solar to Build a 210 MW Solar Project for NTPC

Daily News Wrap-Up: Tata Power Solar to Build a 210 MW Solar Project for NTPC

Here are some noteworthy cleantech announcements of the day from around the world: Tata Power Solar has received a Letter of Award from NTPC to build a 210 MW solar ...
Adani Green to Acquire SB Energy’s 5 GW Renewable Assets for $3.5 Billion

Adani Green to Acquire SB Energy’s 5 GW Renewable Assets for $3.5 Billion

Adani Green Energy Limited (AGEL) has signed a share purchase agreement to acquire 100% stake in SB Energy India from Soft Bank Group (80%) and Bharti Group (20%). The transaction marks the ...
/ / Finance and M&A, Solar
Adani Green to Acquire a 50 MW Solar Project from SkyPower Global

Adani Green to Acquire a 50 MW Solar Project from SkyPower Global

Adani Green Energy Limited (AGEL) announced that it had signed a share purchase agreement to acquire a 100% stake in an SPV (Special Purpose Vehicle) holding a 50 MW operating ...
/ / Finance and M&A, Solar
Adani Green Secures $1.35 Billion Debt Financing For Its Renewable Energy Portfolio

Adani Green Secures $1.35 Billion Debt Financing For Its Renewable Energy Portfolio

In an important development, Adani Green Energy Limited (AGEL) has raised a $1.35 billion (~₹97.93 billion) debt package for its under-construction renewable asset portfolio, according to a press release. The ...
/ / Finance and M&A, Solar
Adani Green Posts 31% Revenue Growth YoY in Q3 FY 2021 as Solar Sales, Capacity Soar

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

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 ...
/ / Finance and M&A, Other
With New Solar Capacity Additions, Adani Green's Revenues Increases 15% in Q2 of FY 2021

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 ...
/ / Markets & Policy, Solar
Adani Green Expands its Joint Venture with TOTAL after Acquiring 205 MW of Solar Assets

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 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

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

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

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, ...
/ / Markets & Policy, Solar
Adani Green Enters into Joint Venture Agreement with Total Solar Singapore

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

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 ...
/ / Markets & Policy, Solar
Adani Green’s Profit for Q2 FY20 Reaches ₹10.2 Million

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 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 ...
/ / Finance and M&A, Solar
Renewable Developer ReNew Power Raises $300 Million Through Rights Issue

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” ...
NTPC Gets Category I License for Inter-State Trading of Electricity

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 ...