popular articles

Renewable energies: TOTAL steps up its presence in India

Total and Adani subsidiary AGEL have set up a joint venture to increase their renewable energy portfolio in India from 2.1 GW to 2.3 GW through new solar power plants. This collaboration reinforces Total's commitment to renewable energies in India, contributing to the country's ambition to become a regional leader in this sector.

Please share:

Total and AGEL (a subsidiary of the Adani Group specializing in renewable energies) formed a joint venture last April, with AGEL contributing 2.1 GW. Under this agreement, the two companies have agreed to increase the initial portfolio from 2.1 to 2.3 GW through the deployment of new solar power plants.

Will India soon be the regional leader in renewable energies?

5 GW of solar power for Total by 2020

Patrick Pouyanné, Chairman and CEO of Total, said: “With an ambitious target of 175 GW of installed capacity by 2022, India is a high-growth area for renewable energies.

Since last year, TOTAL has strengthened its commitment in India, with around 5 GW of solar projects in the country. This is in line with its ambition to become a world leader in renewable energies. Mr. Pouyanné also declared that TOTAL was very pleased to continue this partnership with the Adani Group, as it is in line with the Group’s objectives of double-digit return on equity for so-called renewable projects.

The expansion includes a 100 MW and a 30 MW facility in northern India, and a 75 MW facility in western India.

The expansion to 2,148 MW was achieved after the acquisition of 205 MW of operational solar power assets for a previous value of 188.5 million euros, Adani stated very recently. The operation represents a transfer of the assets recently purchased by Adani Green from the Indian Essel group.

Indian solar
India’s Kamuthi photovoltaic power plant, the largest in the world (source: pv magazine).

More about them

As part of its ambition to achieve net zero by 2050, Total is building a portfolio of electricity activities. Mainly in renewable energies, which could account for up to 40% of sales by 2050. By the end of 2020, Total’s gross power generation capacity worldwide will be around 12 gigawatts, including around 7 gigawatts of renewable energy. With the objective of reaching 35 GW of production capacity from renewable sources by 2025, Total will continue to develop its activities to become one of the world leaders in renewable energies.

Adani Green Energy Limited (AGEL), part of the Adani Group, has 14 GW of operating, under-construction and renewable energy projects allocated to investment-grade counterparties. AGEL has been ranked the world’s leading owner of solar power generation assets by Mercom Capital. The company aims to achieve 25 GW of renewable energy by 2025 and is committed to contributing to the COP21 goals in India.

Register free of charge for uninterrupted access.

Publicite

Recently published in

AMPYR Energy USA has completed the acquisition of two large-scale solar projects in the Carolinas, bringing its U.S. portfolio to over 4 GW.
Axian Energy has launched work on the NEA Kolda solar plant, equipped with a 72 MWh storage system, for a total investment of €105mn ($113.6mn).
Axian Energy has launched work on the NEA Kolda solar plant, equipped with a 72 MWh storage system, for a total investment of €105mn ($113.6mn).
Kaduna Electric has signed an agreement to build a 100 MW solar power plant with battery storage in northern Nigeria to strengthen electricity supply in four states affected by chronic outages.
Kaduna Electric has signed an agreement to build a 100 MW solar power plant with battery storage in northern Nigeria to strengthen electricity supply in four states affected by chronic outages.
EDF will strengthen its off-grid platform in Africa with a $10mn loan from Mirova to expand electricity access to 5 million people by 2030.
EDF will strengthen its off-grid platform in Africa with a $10mn loan from Mirova to expand electricity access to 5 million people by 2030.
AES will supply 650 MW of solar capacity to Meta through two long-term power purchase agreements in the United States, strengthening its position in the Southwest Power Pool market.
Boralex signed renewable energy certificate contracts with New York’s energy authority for two solar projects totalling 450 MW in capacity.
Boralex signed renewable energy certificate contracts with New York’s energy authority for two solar projects totalling 450 MW in capacity.
The Ivorian government has approved a 25-year concession for an 85,934 MWh solar power plant in Katiola under a public-private partnership with Swiss energy firm JC Mont-Fort.
The Ivorian government has approved a 25-year concession for an 85,934 MWh solar power plant in Katiola under a public-private partnership with Swiss energy firm JC Mont-Fort.
German group Greencells strengthens its UK presence through an EPC and O&M agreement with Enray Power for a solar plant incorporating an energy storage system in North Yorkshire.
German group Greencells strengthens its UK presence through an EPC and O&M agreement with Enray Power for a solar plant incorporating an energy storage system in North Yorkshire.
Urban Grid sets up honey production at its Crystal Hill solar site, combining beekeeping and farming to trial new land management models.
Ecopetrol acquires Statkraft’s Colombian subsidiary, including eight projects under development and the 130 MW Portón del Sol solar plant.
Ecopetrol acquires Statkraft’s Colombian subsidiary, including eight projects under development and the 130 MW Portón del Sol solar plant.
French group Qair has begun construction on two hybrid solar plants in N’Djamena totalling 30 MWp with battery storage, under a 20-year BOOT contract with the Chadian government.
French group Qair has begun construction on two hybrid solar plants in N’Djamena totalling 30 MWp with battery storage, under a 20-year BOOT contract with the Chadian government.
The third-party ownership model dominates non-residential solar installations in the US, according to Wood Mackenzie, with 2.1 GWdc installed in 2024, a record driven by the rise of transferable tax credits.
The third-party ownership model dominates non-residential solar installations in the US, according to Wood Mackenzie, with 2.1 GWdc installed in 2024, a record driven by the rise of transferable tax credits.
Enfinity Global secured a €100mn ($108.4mn) bond facility from Eiffel Investment Group to accelerate its energy storage and solar projects across Europe, mainly in Italy and the United Kingdom.
The Kuwait Authority for Public-Private Partnerships has launched a pre-qualification process to build two photovoltaic plants in the Al Jahra region.
The Kuwait Authority for Public-Private Partnerships has launched a pre-qualification process to build two photovoltaic plants in the Al Jahra region.
Iberdrola Italia has inaugurated a new photovoltaic plant in Tarquinia with a capacity of 33 MW, aiming to produce around 50 GWh of solar electricity per year to support industrial electrification.
Iberdrola Italia has inaugurated a new photovoltaic plant in Tarquinia with a capacity of 33 MW, aiming to produce around 50 GWh of solar electricity per year to support industrial electrification.
SOLV Energy announces contracts totalling more than 6 GW of solar and storage projects in the United States, with construction launches expected as early as 2025. The projects will span several states including Arizona and California.
SOLV Energy announces contracts totalling more than 6 GW of solar and storage projects in the United States, with construction launches expected as early as 2025. The projects will span several states including Arizona and California.
China added 59.7 GW of photovoltaic capacity in Q1 2025, surpassing coal power generation capacity for the first time, according to the National Energy Administration (NEA).
Engie cancelled its hybrid solar farm project in Yass after local opposition. The company is now considering installing only a battery system on the site, responding to community concerns.
Engie cancelled its hybrid solar farm project in Yass after local opposition. The company is now considering installing only a battery system on the site, responding to community concerns.
The Chisamba solar power plant, a major private project in Zambia with a $71.5 million investment, has reached 91% completion, aiming to bridge a structural energy deficit through a strategic partnership with a leading mining group.
The Chisamba solar power plant, a major private project in Zambia with a $71.5 million investment, has reached 91% completion, aiming to bridge a structural energy deficit through a strategic partnership with a leading mining group.
Close Brothers funds the construction of an 8.99MWp solar plant in Rhigos, marking a new phase in a £200mn partnership with Enviromena.
Close Brothers funds the construction of an 8.99MWp solar plant in Rhigos, marking a new phase in a £200mn partnership with Enviromena.
ReNew Energy Global commits Rs22,000 crore ($2.57bn) to develop a 2.8 GW solar-wind hybrid power plant in Andhra Pradesh.
CVE North America begins construction of a solar and energy storage system on a former landfill site in Riverhead, marking a new strategic investment in the United States.
CVE North America begins construction of a solar and energy storage system on a former landfill site in Riverhead, marking a new strategic investment in the United States.
The tech giant strengthens its partnership with energyRe through a second agreement covering more than 600 MW of solar projects, bringing the total commitment to over 1 GWac of renewable capacity.
The tech giant strengthens its partnership with energyRe through a second agreement covering more than 600 MW of solar projects, bringing the total commitment to over 1 GWac of renewable capacity.
Doral Renewables has finalised a $1.5bn structured financing for three photovoltaic plants in Indiana, marking a major step in the construction of the Mammoth Solar complex.
Doral Renewables has finalised a $1.5bn structured financing for three photovoltaic plants in Indiana, marking a major step in the construction of the Mammoth Solar complex.

Advertising