Adani Green Energy Ltd (ADANIGREEN)

Adani Green Energy Subsidiary Operationalises Wind Power Project - 24 Jul, 2024

Adani Renewable Energy Forty One Ltd., a subsidiary of Adani Green Energy, has commissioned a 250 MW wind power project in Khavda, Gujarat. The development brings the cumulative operational capacity at the Khavda plant to 2,250 MW, reinforcing AGEL's leadership with a total operational portfolio of 11,184 MW across India.

Adani Green Energy Shares Surge Ahead of Union Budget - 23 Jul, 2024

Shares of Adani Green Energy and Adani Power surged over 3% each ahead of the Union Budget 2024-25. Additionally, Gautam Adani expressed interest in collaborating with Bhutan's government for a sustainable and greener future.

Adani Green Energy Faces Decline in Profits and Shares - 21 Jul, 2024

Adani Green Energy Limited reports a 39% decline in consolidated net profit for Q4FY24 compared to the same period last year. The company's revenue also decreased by 6%. Meanwhile, Adani Energy Solutions' promoters increased their stake to 74.95% in Q1FY25, with revenue growing by 40.18% YoY.

Adani Green Energy Reports Strong Q1 FY25 Results - 18 Jul, 2024

Adani Green Energy reported a 22% YoY increase in the sale of energy and a 31% YoY increase in operational capacity during Q1 FY25. The company secured $400 million debt funding from international banks for solar generation capacity in Rajasthan and Gujarat. However, the consolidated net profit tumbled 70.47% to Rs 150 crore in Q4 FY24.

Green Energy Stocks Pitched Aggressively, Adani Green Energy Among Top Names - 16 Jul, 2024

Adani Green Energy is among the top names being pitched aggressively in the green energy and solar segment. Despite a huge runup in the last six months, market participants maintain a bullish stance on these stocks.

Adani Green Energy Raises $400 Million for Solar Projects - 10 Jul, 2024

Adani Green Energy has secured a $400 million financing facility from international lenders for its under-construction 750 MW solar power projects in Rajasthan and Gujarat. The green loan supports the company's growth trajectory and aligns with its commitment to sustainability.

Adani Green Energy Awards Contract to Diamond Power Infrastructure - 09 Jul, 2024

Adani Green Energy has awarded a contract worth Rs. 409 crore to Diamond Power Infrastructure for the supply of low- and medium-voltage cables, with completion expected by December 2024.

Adani Group to Invest $9 Billion in Green Hydrogen Venture - 08 Jul, 2024

Adani Group plans to invest $9 billion towards manufacturing and transportation infrastructure at its green hydrogen venture in Kutch, Gujarat. The project aims for a capacity of one million tonnes per annum of green hydrogen produced through the electrolysis of water using renewable power sources. This initiative is expected to generate between 7,500 to 10,000 new jobs and will be pivotal to Adani Groups strategic growth agenda.

Adani Green Energy Shares Down 19% from 52-Week High - 05 Jul, 2024

Adani Green Energy shares have dropped by 19% from its 52-week high, with a 2.7% YoY decline in revenue and a 39% decrease in net profit during Q4FY23 to Q4FY24. However, the stock has surged by 5% over the past six months and 85% over the last year.

Adani Green Energy to Develop 30 GW Renewable Energy Plant - 28 Jun, 2024

Adani Green Energy is set to invest Rs 1.5 lakh crore in developing a 30 GW renewable energy plant on barren land at Khavda in Kutch of Gujarat over an area of 538 sq km. Adani group will also invest about Rs 2.3 lakh crore in renewable energy and manufacturing capacity by 2030.

Adani Green Energy Plans Massive Expansion - 26 Jun, 2024

Adani Green Energy is planning to invest Rs 2 trillion by 2030 to achieve its goal of 50 GW capacity, primarily through solar and wind projects with pumped hydro storage. The company also targets an Ebitda of Rs 50,000 crore by 2030 and plans to set up PSH capacity of 5 GW in the next five years.

Adani Green Energy Plans Massive Capacity Expansion - 25 Jun, 2024

Adani Green Energy is set to invest INR 2 lakh crore to increase its renewable energy capacity from 10.9 GW to 50 GW by 2030. The company will also spend INR 340 billion to add 6 GW of capacity. The Adani Group plans to invest INR 1.3 trillion in FY25, with a significant portion going towards the airport and green energy businesses.