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Adani Group

Adani’s 5.2 MW Onshore Wind Turbine A Step Closer To Launch

The Adani group’s much anticipated 5.2 MW wind turbine being built at Mundhra, Gujarat, is close to a formal unveiling. Touted as  the country’s largest wind turbine and one of the largest on-shore machines in the world when ready, the machine is being built with technology from W2E Wind to Energy GmbH of Germany. Till […]

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Adani Green Reports 55% Spike In Revenue From Power Supply In Q1 Fy24

Adani Green Energy Limited, the green energy developer arm of the Adani Group, has reported it’s results for the June quarter (Q1) of Fy-23-24. Revenue from Power Supply up by 55% YoY to Rs. 2,059 Cr in Q1 Fy24, versus Rs 1328 crores in Q1 Fy23. Operational Capacity increases by 43% YoY to 8,316 MW […]

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Adani’s New Energy Arm In Trade Finance Facility For $394m

Adani New Industries Limited (ANIL) ecosystem has announced the raise of a trade finance facility of USD 394mn (INR 3,231 Cr) from Barclays PLC and Deutsche Bank AG for securing working capital requirements of its integrated solar module manufacturing facility. ANIL, a wholly owned subsidiary of Adani Enterprises Ltd, is building an ecosystem of one […]

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Adani Green’s RE Capacities Grew 43% in Q1 on YoY

Adani Green Energy Limited (AGEL), the renewable energy arm of Adani Group, increased its renewable energy capacities by 43 percent in Q1 on a Year-On-Year (YoY) basis. While it added 5,800 MW of renewable power in Q1 of FY23, it increased its capacity to 8,316 in Q1 of FY 24, reporting a 43 percent rise […]

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Adani Green’s 130 MW Wind Project Commissioned in Gujarat

A subsidiary of Adani Green Energy, Adani Wind Energy Kutchh Five Limited (AWEK5L), has achieved the commissioning of a 130 MW wind project in Gujarat. The plant has been established at Kutchh. The firm has signed a power purchase agreement (PPA) of 130 MW with Solar Energy Corporation of India (SECI). The agreement has been […]

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Adani Solar Recognised As a Top Performer in PVEL PV Module Reliability Scorecard 2023

PVEL, which delves into performance testing for solar PV and storage technology, has released its 9th edition of PV Module Reliability Scorecard, featuring top performers from 35 manufacturers. Adani Solar, the solar PV manufacturing arm of Adani Group, has clinched the Top Performer’s position in the PVEL PV Module Reliability Scorecard 2023. Adani Solar says […]

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Adani Green & Airtouch in Deal For Supply of Cleaning Robots for Solar Panels

Israeli robotic cleaning firm Airtouch has signed an agreement worth 2.5 million USD for the supply of cleaning robots for solar panels to India’s renewable energy firm, Adani Green Energy Ltd (AGEL). This is the first agreement between the firms, which carries the potential to expand the collaboration. Tal Laufer, CEO of Airtouch Solar Group, […]

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Adani Green Energy Q4 Results Strong, Net Profit Rises 319 Percent

The Adani Groups green energy development arm, Adani Green Energy has announced a rise of 319 per cent in consolidated net profit to Rs 507 crore for the Q4 quarter ended March 2023. This corresponds to a net profit of Rs 121 crore in the corresponding quarter last fiscal. Other key numbers on the EBITDA […]

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Adani Green Reports 49% Increase In Renewable Energy Capacity In FY23

Adani Green Energy Limited (AGEL), the renewable energy arm of the Adani Group, on Friday, reported a 49 percent addition to its total renewable energy capacity in the fiscal year 2023. As a result, the total capacity of AGEL-owned renewable energy touched 8,086 Megawatt (MW) with the recorded rise. In its latest provisional annual consolidated […]

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