Khavda

Adani Green accomplishes its Construction Financing Framework at USD 3 billion

Retrieved on: 
Tuesday, December 5, 2023
Finance, Alternative Energy, Energy, Professional Services, Utilities, Party, Climate change, COP28, Construction, MUFG Bank, Sustainable Development Goals, SDG, USD, Partner, Documentation, Société Générale, Plain Green Loans, Conference, BNP Paribas, Sustainalytics, Adani Green Energy, Latham & Watkins, Sumitomo Mitsui Banking Corporation, Linklaters, MD, Intesa Sanpaolo, Standard Chartered, Renewable energy, Bank, Khavda, Head

Adani Green Energy Ltd (AGEL), India’s largest and world’s leading renewable energy player announced follow-on funding of USD 1.36 billion (Bn) to further boost its Construction Financing Framework to USD 3 Bn backed by a consortium of renowned international banks.

Key Points: 
  • Adani Green Energy Ltd (AGEL), India’s largest and world’s leading renewable energy player announced follow-on funding of USD 1.36 billion (Bn) to further boost its Construction Financing Framework to USD 3 Bn backed by a consortium of renowned international banks.
  • The definitive agreements have been executed with 8 leading international banks, which are all returning lenders and instrumental in establishing AGEL’s Construction Financing Framework since March 2021.
  • Mr Amit Singh, CEO, Adani Green Energy Ltd, said, “We believe, Construction Financing Framework is an essential element of our development agenda and supports our unwavering commitment to build a sustainable future.
  • We are incredibly proud to put forward the framework for our portfolio companies where in we have raised sustainable financing solutions for Adani Green, Adani Energy Solution to support the delivery of critical infrastructure projects.

Nextracker Maintains Strong Global Momentum in FY23 Q4

Retrieved on: 
Wednesday, May 10, 2023
Utilities, Technology, Other Construction & Property, Alternative Energy, Energy, Software, Construction & Property, Diamond, Partnership, NX, Solar, Atlas, Calendar, EPC, Multimedia, PCL Construction, Sheep, Primary energy, IPP, Engineering, Renewable energy, Growth, ATCO, NXT, Khavda

“We’re delighted to be working with Nextracker on this landmark project for Australia,” said Gopi Govindraj, Country Manager, PCL Construction.

Key Points: 
  • “We’re delighted to be working with Nextracker on this landmark project for Australia,” said Gopi Govindraj, Country Manager, PCL Construction.
  • Khavda, India – Nextracker was tapped in March to provide optimized bifacial solar trackers to help meet India’s renewable energy targets.
  • Solar is quickly becoming the lowest-cost power generation option around the world, spurring significant growth in the global solar market.
  • As reported in today’s FY23 Q4 earnings, Nextracker completed FY23 with revenue of $1.9Bn and a backlog of $2.6Bn.

Sterling and Wilson Renewable Energy Limited Selects Nextracker Technology for NTPC REL’s Khavda 1.255GW (AC)/1.568-Gigawatt (DC) Power Plant

Retrieved on: 
Thursday, March 30, 2023
Software, Utilities, Alternative Energy, Energy, Engineering, Technology, Manufacturing, Other Technology, RE, Partnership, NX, NTPC, Butwal Solar PV Project, Multimedia, Steel, O&M, Renewable energy, Khavda, Sterling

Sterling and Wilson Renewable Energy Limited is implementing this 1.568 GWp Solar PV project in NTPC REL’s Khavda RE Park, Gujarat, using Nextracker's optimized bifacial solar tracker for additional energy gain.

Key Points: 
  • Sterling and Wilson Renewable Energy Limited is implementing this 1.568 GWp Solar PV project in NTPC REL’s Khavda RE Park, Gujarat, using Nextracker's optimized bifacial solar tracker for additional energy gain.
  • Together, we aim to deliver a landmark project and contribute to India’s renewable energy targets.” “At Sterling and Wilson Renewable Energy, we always aim to deliver spectacular, high-quality, cost-efficient and timely solar energy solutions, and achieve utmost customer satisfaction”, he added.
  • In addition to supplying solar tracker technology, components will be made with locally made steel from factories in Gujarat.
  • “We are incredibly proud to be partnering with long-time customer, Sterling and Wilson Renewable Energy Limited for NTPC REL’s 1,568 MWdc solar PV project at Khavda RE Power Park, Gujarat,” said Nextracker founder and CEO, Dan Shugar.