Adani Green Energy allots 44.9 lakh equity shares to Ardour upon warrant conversion
Adani Green Energy Ltd (AGEL) has approved the conversion of 44.9 lakh warrants into equity shares by Ardour Investment Holding, a member of the promoter group of the Company. Consequently, the promoter group shareholding in AGEL has increased from 60.94% to 61.05%.
Adani Green Energy revenue surges 23% to INR 9,495 crore in FY 2025
Adani Green Energy Ltd (AGEL) has posted robust growth in its revenue, EBITDA, and cash profit, driven by a capacity addition of 3,309 MW in FY 2025.
Adani Green hits 14.2 GW of operational renewable energy capacity
Adani Green Energy Ltd’s operational renewable energy capacity increased 30% year-on-year to 14.2 GW in FY 2025 and is set to increase to 15.2 GW with additional 1 GW nearing completion.
JSW Energy completes acquisition of O2 Power
JSW Energy has completed the acquisition of 4.7 GW renewable energy platform O2 Power at an enterprise valuation of around INR 12,468 crore.
Sterling and Wilson Renewable Energy wins solar, hybrid projects worth INR 1,470 crore
Sterling and Wilson Renewable Energy has secured a 127 MW AC hybrid wind-solar project and a solar project in Rajasthan. It has also emerged lowest bidder for a 200 MW AC (260 MWp DC) solar project in Gujarat.
BluPine Energy secures INR 1,787 crore from NaBFID to strengthen renewable energy portfolio
BluPine Energy has secured INR 1,787 crore from the National Bank for Financing Infrastructure and Development (NaBFID). The funding will allow it to optimize cost structure and expand renewable portfolio.
Zelestra secures 430 MW/90 MWh renewables-plus-storage project with SJVN
Zelestra will develop a hybrid project combining 250 MW DC solar, 180 MW wind power and a 90 MWh battery energy storage system to supply firm and dispatchable renewable energy.
NTPC allocates 1.2 GW wind-solar hybrid capacity at $0.039/kWh
State-owned coal miner NLC India secured the largest slice of 450 MW. Other winners include Enfinity Global (300 MW), Welspun Renewable Energy (250 MW) and Adani Renewable Energy (200 MW).
NHPC concludes 1.2 GW wind-solar hybrid tender with a price of $0.039/kWh
Adani Renewable Energy has secured the largest slice of 600 MW. Other winners include Mahindra Susten (240 MW), Avaada (210 MW) and Sprng Energy (150 MW).
India’s annual clean power auctions hit 59 GW in 2024
2024 marks the second consecutive year in which India more than doubled its annual renewable auction volumes, says a new report by BloombergNEF.
