TotalEnergies, AGEL Ink JV for Over 1 GW of Solar Project in India

TotalEnergies SE (TTE) announced that it has signed a new joint venture (JV) with Adani Green Energy Limited ("AGEL"). This will be equally owned by TotalEnergies and AGEL, with a 1,150 MWac (1,575 MWp) solar portfolio in Khavda, Gujarat. AGEL will supply assets to the JV, while TotalEnergies will finance its growth with an equity investment of $444 million. The completion of the transaction is subject to the fulfillment of requirements, including the receipt of necessary regulatory clearances and approval ...