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Total speeds up renewables push with $2.5 billion investment in Indian solar power
by Sudip Kar-Gupta
Reuters Translate This Article
18 January 2021
On 18 January 2021 Reuters reported:
Total is paying $2.5 billion for a share in Indian renewable energy firm Adani Green Energy Limited (AGEL) and a portfolio of solar power assets, marking the latest step in the French energy company's drive to reduce its dependence on oil. ... Total has embarked on a strategy of shifting towards electricity and renewable energy. It aims to have 35 gigawatts (GW) of gross renewable energy generation capacity by 2025 from around 9 GW now.
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