CCI approves Adani Green’s solar asset transfer to Total joint venture
The Indian developer formed the joint venture to allow Total Solar Singapore—French oil and gas giant Total’s renewable arm—acquire half the stake in its 2.1 GW of current operational PV portfolio in India.
Adani Green completes acquisition of 205 MW operating solar assets from Essel
The purchased solar portfolio is relatively young, with average remaining power purchase agreement life of around 21 years.
India’s renewable energy capacity needs to grow at 16% CAGR to reach 450 GW by 2030
As of June 30, the country installed 90.5 GW of renewable energy capacity from solar (utility-scale and rooftop), wind and biomass resources.
Adani now the world’s largest solar power developer
India’s largest private-sector thermal power producer—which ranked as the sixth-largest solar player globally in 2019—has climbed to the top spot following a Solar Energy Corporation of India (Seci) award to develop 8 GW of Indian solar project capacity.
Adani Green Energy wins world’s largest solar award
The developer is reported to have exercised an option to double the 4 GW of solar generation capacity and 1 GW of cell and module production facilities it secured in the manufacturing-linked solar tender carried out by the Solar Energy Corporation of India in November.
Huawei’s Smart PV Solution powers another Adani plant
The artificial intelligence powered inverter and PV management solution—which powers over 96% renewable capacity installed by Adani Green Energy—was also used for the 50 MW solar plant commissioned recently in Rajasthan.
Adani rolls out roadmap to become largest renewable power player by 2030
India’s largest private-sector thermal power producer—which ranked as the sixth largest solar player globally in 2019—will invest over 70% of its budgeted Capex for the energy vertical into clean energy and energy-efficient systems to fuel its transformation.
Rajasthan set to take the solar crown in 2020
Norwegian analyst Rystad Energy has predicted the stop on PV tenders in Karnataka will see Rajasthan become India’s leading solar state this year. The market research firm expects India to add only 10 GW new solar in 2020, however, and the same figure in 2021.
Troubled manufacturing-linked solar tender now reportedly oversubscribed
A new series of tweaks by the Solar Energy Corporation of India appear to have paid off, as the organization’s ambitious manufacturing-linked 7 GW solar tender has reportedly ended up oversubscribed by 1 GW.
Huawei bags 860 MW contract for FusionSolar Smart PV solution
The Chinese communications giant and inverter maker has signed an 860 MW contract with solar developer Adani Green Energy to supply its FusionSolar Smart PV Solution 6.0 with SUN2000-185KTL-INH0 inverter.
