Adani Green (AGEL) Raises $288 Million for Renewable Energy Projects Updated On Tue, Mar 22nd, 2022 by Saurenergy Renewable major Adani Green Energy Ltd (AGEL) has raised $288 million afresh from a group of global lenders through green project loan agreements. The facility has been raised to fund the under-construction renewable asset portfolio of the company. AGEL has said through an official statement that the new loan will help the company to initially […] Read more
AGEL Announces Q3 Results. Ebitda From Power Supply Up 56% YOY Updated On Wed, Feb 2nd, 2022 by Saurenergy Adani Green Energy Limited (AGEL), the green energy development arm of the Adani Group has announced its results for the 9 months ending December 2021. With operational capacity increasing by 83% to 5410 MW, the company has a strong set of results to show for Q3, even as the Adani group embarks on a massive […] Read more
ANIL To Lead Adani Group’s Renewable Energy Shift Updated On Mon, Jan 10th, 2022 by Saurenergy The Adani Group, which already has Adani Solar for solar manufacturing, and Adani Green Energy Limited for developing renewable energy projects, has set up a new subsidiary, Adani New industries Limited, (ANIL) to undertake the next big phase of its green energy ambitions. From green hydrogen projects, generation of low carbon electricity and manufacture of […] Read more
AGEL Signs 4667 MW PPA, Manufacturing Linked Project Moves Into High Gear Updated On Tue, Dec 14th, 2021 by Saurenergy Adani Green Energy Ltd (AGEL), the renewable energy arm of the diversified Adani Group, has signed an agreement with the Solar Energy Corporation of India (SECI) to supply 4,667 MW of green power. The firm claims this is the world’s largest ever green power purchase agreement. It also marks decisive movement on the 8000 MW […] Read more
Adani Green’s Q2 Analyst Call Highlights Updated On Tue, Nov 16th, 2021 by Saurenergy Adani Green Energy Limited, the main vehicle leading the group’s green energy push as a developer held it’s analyst call on October 29, shortly after its Q2 results were declared. While the results highlighted the strong growth, as well as the closure of the 5 GW SB Energy deal, starting up of PPA’s under the […] Read more
AGEL Completes $3.5 Billion SB Energy Deal, Operational Portfolio at 5.4 GW now Updated On Mon, Oct 4th, 2021 by Saurenergy Adani Green Energy Ltd (AGEL) has announced the successfully closure of the deal for the acquisition of SB Energy Holdings Ltd (SB Energy India) in an all-cash deal for which definitive agreements were signed on 18 May 2021. With this deal, SB Energy India is now a 100% subsidiary of AGEL. Earlier, it was a […] Read more
Adani Green Energy to Acquire 40 MW Operational Solar Asset in Odisha Updated On Thu, Sep 30th, 2021 by Saurenergy Adani Renewable Energy (MH) Limited (AREMHL), a wholly-owned subsidiary of Adani Green Energy Ltd (AGEL), has signed definitive agreements with Essel Green Energy Pvt Ltd to acquire 100% economic value in an SPV that owns a 40 MW operating solar project in Odisha. The company confirms that the project has a long-term Power Purchase Agreement […] Read more
Adani Green Energy Q1 Results Deliver Record Revenues, Profits Over Year Ago No’s Updated On Wed, Aug 4th, 2021 by Saurenergy Adani Green Energy Ltd. [“AGEL”], a part of the Adani Group, today announced the financial results for the quarter ended June 30, 2021. The Operational Performance Snapshot for the period is as follows. Particulars Quarterly performance Q1 FY22 Q1 FY21 % Change Total Income 1,079 878 23% Revenue from Power Supply 848 609 39% Total […] Read more
Adani Wind Commissions 150 MW Project 9 months before Schedule Updated On Thu, Jun 3rd, 2021 by Saurenergy Adani Wind Energy Kutchh Three Limited (AWEKTL), a subsidiary of Adani Green Energy Limited (AGEL), has announced the commissioning of a 150 MW Wind Power Project located in Kutchh, Gujarat, 9 months ahead of its Schedule. This is the 6th project commissioned before schedule by the company over the past 12 months. Wind Energy projects […] Read more
