Adani Green arm secures 1.25 GW pumped storage offtake agreement with UPPCL
Adani Green Energy’s arm Adani Saur Urja has received a long-term offtake deal with Uttar Pradesh Power Corp. Ltd (UPPCL) for 1,250 MW energy storage capacity from pumped hydro storage projects.
Gautam Adani indicted in US for an alleged solar-related bribery scheme
Gautam Adani faces an indictment in the United States over claims it led a scheme to bribe Indian officials to secure multibillion-dollar solar contracts. The charges allege the group concealed its actions while seeking capital from US and global investors.
Godrej & Boyce commissions 25 MW ground-mounted solar project in Maharashtra
The project located in Dhule is spread over 52 hectares and will generate 45 million units annually
Adani Green net profit for Q1 up 95% YoY
Adani Green Energy has reported a total income of INR 3,122 crore ($372.83 million) and consolidated net profit of INR 629 crore for the first quarter of FY 2024-25.
Adani Green Energy to invest in pumped storage plants in Tamil Nadu
Adani Green Energy will invest INR 24,500 crore in setting up three pumped storage plants with a cumulative capacity of 4.9 GW in Tamil Nadu.
Adani Green Energy forms step-down arms
Adani Green Energy has announced the formation of Adani Renewable Energy Fifty One and Adani Renewable Energy Fifty Five.
India added 8.5 GW of solar in first nine months of 2023
India’s solar installations for the Jan-Sept period in 2023 stood at 8.5 GW, 25% less year-on-year. The nation is expected to install an overall 11 GW in the current calendar year.
Airtouch Solar India wins REI 2023 award for product innovation
Airtouch Solar manufactures and sells its autonomous, water-free PV panel cleaning products and services in Israel and India. The company has won significant orders for its recently launched Airtouch AT 4.0 solution with leading Indian developers including Adani Green Energy and ReNew.
Energy majors dominate list of world’s leading big PV developers
Wiki-Solar’s latest league table of utility-scale solar project developers shows that only six renewable specialists occupy the top 20 spots.
Adani Green Energy buys 50% stake in Rajasthan-based solar park developer
The developer’s arm Adani Renewable Energy Holding Two has signed a deal to acquire a 50% stake in Essel Saurya Urja Co. of Rajasthan Ltd (ESUCRL) from Essel Infraprojects Ltd, for INR 15 crore. The remaining 50% equity of ESUCRL will continue to be held by the Government of Rajasthan.
