, India

TotalEnergies invests $300m to Adani Green

This will support the joint venture that the companies will form.

Adani Green Energy Limited (AGEL) and Total Energies entered an agreement to form a joint venture they equally owned with a total portfolio of 1,050 megawatts (MW), with Total Energies investing $300m to the projects.

In a statement, AGEL said it will contribute the assets to the JV, whilst TotalEnergies will provide the equity investment.

ALSO READ: Adani Group launches India’s 1st transnational power project

The portfolio, comprised of solar and wind power, is composed of 300 MW capacity that is operational, 500 MW under construction, and 250 MW under development assets.

“We are delighted to extend our long-term partnership with TotalEnergies in AGEL. The investment will further strengthen the pivotal role played by AGEL in India’s glide path to decarbonization. This will help deliver our vision to have 45 GW renewable energy capacity by 2030,” Adani Group Chairman Gautam Adani said.

Follow the link s for more news on

Join Asian Power community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!