TotalEnergies announces USD300 million dollar investment in joint venture with Adani Green

Adani Green Energy Limited (AGEL) and TotalEnergies have entered into a binding agreement to establish a new joint venture (JV).

This joint venture will be evenly split between TotalEnergies and AGEL, and it will manage a substantial portfolio of 1,050 MW. This portfolio will comprise a mix of already operational (300 MW), under construction (500 MW) and under development assets (250 MW) with a blend of both solar and wind power. AGEL will bring its assets into the JV, facilitating its progress towards achieving the ambitious goal of 45 GW of renewable power capacity by 2030.