Adani Green Energy and TotalEnergies approve $444m joint venture for 1,150MW solar assets in India.

Adani Green Energy has approved a $444 million investment from TotalEnergies to establish a joint venture, following a prior $300 million agreement for renewable energy development in India. Both companies will hold a 50% stake in the venture, which will manage a 1,150-megawatt portfolio of solar assets. TotalEnergies also owns nearly 20% of Adani Green. Following the announcement, Adani Green's shares rose by 5.9%.

September 02, 2024
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