Adani to start constructing Australia solar plants next year – Feedback

Indian energy giant Adani Group today announced its new venture for construction of two major solar projects in Australia next year as part of its efforts to develop renewable energy projects in the country with a total capacity of 1,500 MW within the next five years.

Land agreements were in place for the projects in South Australia and Queensland and Adani has commenced the design and tendering phases for both projects. Adani aims to develop renewable energy projects in Australia with a total capacity of 1,500 MW within the next five years, it noted. The Australian solar projects will be in addition to Adani’s 16.5 billion dollar investment in the planned Carmichael coal mine in Queensland’s Galilee Basin, which has faced years of legal delays over environmental approvals, as well as rail and port facilities.

http://economictimes.indiatimes.com/industry/energy/power/adani-to-start-constructing-australia-solar-plants-next-year/articleshow/55528716.cms

About news

We take care of publishing the latest investment news and highlights for Feedback

Leave a Reply

Your email address will not be published. Required fields are marked *