Tag: solar wind hybrid

Adani Green Energy raises $1.35 billion in debt financing for its renewable energy portfolio

A leading Indian IPP, Adani Green Energy Limited (AGEL) has announced that it raised a $1.35 billion debt package for its renewable asset portfolio which is currently under construction. Further, the company has signed definitive agreements with international lenders. The funding will be utilised to finance 1.69 GW of solar-wind hybrid projects currently being developed in the Indian state of Rajasthan.

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Brookfield, Adani and AMP win 1.2GW wind-solar hybrid projects in India

India’s Solar Energy Corporation of India (SECI) has allocated 1.2 GW of wind-solar hybrid capacity among four renewable energy developers under Tranche III of the interstate transmission system (ISTS). Brookfield Asset Management backed ABC Renewable Energy, Adani Renewable Energy and the Indian arm of AMP Energy were awarded 380 MW, 600 MW and 130 MW of capacity respectively for Rs 2.41 ($0.033) per kWh.

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