In Short : Adani Green Energy has clarified that a recent statement by TotalEnergies regarding their partnership does not have any material impact on its operations. The company emphasized that its business continues as usual, with no significant changes to its projects or financial outlook. Adani Green remains committed to its renewable energy initiatives and […]
Adani Green Energy to raise $2 bn via bonds, loans for renewable projects – EQ
In Short : Adani Green Energy plans to raise $2 billion through bonds and loans to fund its renewable energy projects. The funds will support the company’s expansion in solar, wind, and other clean energy sectors. This move aligns with India’s renewable energy goals, positioning Adani Green Energy as a key player in sustainable development […]
Adani Green Energy and Total Energies Setup 50-50 Joint Venture – EQ
In Short : Adani Green Energy and TotalEnergies have established a 50-50 joint venture aimed at developing renewable energy projects in India. This collaboration will focus on expanding the capacity of solar and wind power installations, leveraging both companies’ expertise in the clean energy sector. The partnership aligns with India’s renewable energy goals and enhances […]
Adani Green Energy isIndia’s first renewable energy company to join the Utilities for Net Zero Alliance – EQ
Ahmedabad : Adani Green Energy Ltd (AGEL), India’s largest renewable energy company,has joined the Utilities for Net Zero Alliance (UNEZA) aiming to accelerate the development of renewables and clean energy solutions. AGEL is the first renewable energy company in India to join this international platform. As a member of UNEZA, AGEL will focus on several […]
Adani Green Energy to see 30 pc CAGR capacity growth – EQ
In Short : Adani Green Energy is projected to achieve a 30% compound annual growth rate (CAGR) in its energy capacity. This significant expansion underscores the company’s aggressive growth strategy in the renewable energy sector. As Adani Green Energy continues to scale up its capacity, it reinforces its position as a key player in driving […]
Adani Green Energy profit up nearly 95 pc to Rs 629 cr in Q1 – EQ
In Short : Adani Green Energy reported a nearly 95% increase in profit for Q1, reaching Rs 629 crore. This substantial growth highlights the company’s strong performance and its successful expansion in the renewable energy sector. In Detail : Adani Green Energy on Thursday posted nearly a 95 percent rise in consolidated net profit to […]
Adani Green Energy operationalises 250 MW wind capacity at Khavda, Gujarat – EQ
In Short : Adani Green Energy has operationalized a 250 MW wind power capacity at Khavda, Gujarat. This new development marks a significant step in the company’s efforts to expand its renewable energy portfolio, contributing to sustainable energy production and supporting India’s green energy goals. In Detail : The Khavda Renewable Energy plant is equipped […]
Adani Green Energy raises $400 mn for its solar power projects in Raj, Guj – EQ
In Short : Adani Green Energy secures $400 million in funding for its solar power projects in Rajasthan and Gujarat. This investment will boost renewable energy capacity and support India’s transition to sustainable energy sources. In Detail : Adani Green Energy shares closed at Rs 1,755 a share on Wednesday with a total market valuation […]
Adani Green Energy revises renewable energy capacity target to 50 GW by 2030 – EQ
In Short : Adani Green Energy has revised its renewable energy capacity target to 50 GW by 2030. This ambitious goal underscores the company’s commitment to expanding its clean energy portfolio and contributing significantly to India’s renewable energy objectives. In Detail : Adani Green Energy added 2.8 GW in the last year, 15 percent of […]
Adani Green Energy reports EBITDA of Rs. 7,222 crore, up 30% YoY, in FY24 – EQ
RE target for 2030 revised upwards to 50 GW from 45 GW Greenfield capacity addition of 2.8 GW in FY24, representing 15% of India’s total renewable energy capacity addition Run-rate EBITDA stands at a strong Rs. 10,462 crore; Net Debt to Run-rate EBITDA at 4.0x v/s 5.4x last year EDITOR’S SYNOPSIS Financial & Operational […]