Tag: adani green energy

France’s TotalEnergies will ramp up its investments in Adani Group’s energy business. It will pour in $300 million to form a 50:50 joint venture with Adani Green Energy to generate solar and wind power.The fresh investment follows Total’s suspension of a 25% stake-purchase in Adani New Industries’ green hydrogen project over allegations by Hindenburg, which the group has denied.Adani Green, in which Total already owns 19.75%, will transfer certain renewable assets to its subsidiary Adani Green Energy Twenty Three, where the French major will contribute $300 million for...