TotalEnergies Invests In Indian Solar Projects, Forms JV with Adani Green Energy

TotalEnergies SE (NYSE:TTE) formed a 50/50 joint venture with Adani Green Energy Limited (AGEL), featuring a 1,150 MWac (1,575 MWp) solar portfolio in Khavda, Gujarat.

AGEL will contribute assets to the joint venture, while TotalEnergies will invest $444 million in equity to support development.

This partnership will boost TotalEnergies’ strategic alliance with AGEL, supporting its goal to become a global renewable energy leader by reaching 50 GW of renewable capacity by 2030.

The solar projects will sell electricity through ...