A major partnership is brewing in the solar energy sector. Stay tuned to see which companies are joining forces for a massive new venture.
Adani Green Energy teams up with TotalEnergies in a $444 million joint venture to manage 1,150 MW of solar assets across India.
The joint venture will oversee a diverse solar portfolio, including both operational and under-development projects, strengthening India's solar footprint.
This solar portfolio includes merchant-based and Power Purchase Agreement (PPA) projects, ensuring a balanced and robust energy strategy.
Following the announcement, Adani Green Energy's shares surged 5.27% to ₹1,935 on 2nd September on NSE, reflecting strong investor confidence.
This joint venture significantly expands Adani Green's solar assets, solidifying its leadership in the renewable energy sector.