Adani Solar has planned to develop a 225 MW solar power manufacturing plant in Puranpura within a year. For this, Adani Solar has signed a MoU with Almiya Group for its expansion in Kerala. Furthermore, the company has set up a warehouse in Coimbatore to expedite the delivery of solar panels to Kerala and Tamil Nadu.
In May 2024, Adani Green Energy Limited raised green loan worth $400 million for its 750 MW solar projects currently under construction.
In the same month, AdaniConnex, a data center solutions provider created as a joint venture between Adani Enterprises and EdgeConnex, secured sustainability-linked financing worth $1.44 billion to finance its renewable-powered data centers and drive digital infrastructure growth in India.
