Adani Green Energy (AGEL), a leading player in India's renewable energy sector, has reported substantial growth for the fiscal year 2025, marking significant progress in its ambitious expansion plans.

Operational Capacity Surge

The company's operational capacity witnessed a remarkable 30% year-over-year increase, reaching 14.24 GW by the end of FY25. This growth was primarily driven by the addition of 3.30 GW of greenfield renewable energy capacity, showcasing AGEL's ability to execute projects at an unprecedented scale and speed.

Energy Sales Boost

Paralleling its capacity growth, AGEL's sale of energy saw a robust 28% year-over-year rise, totaling 27,969 million units in FY25. This increase in energy sales underscores the company's expanding contribution to India's renewable energy landscape.

Capacity Breakdown

The company's operational portfolio as of FY25 comprises:

Performance Metrics

AGEL continues to demonstrate strong operational performance across its portfolio:

• Solar portfolio achieved a Capacity Utilization Factor (CUF) of 24.80%, supported by an impressive 99.50% plant availability.
• Wind portfolio recorded a CUF of 27.20% with 95.90% plant availability.
• Hybrid projects showcased a high CUF of 39.50%, backed by 99.60% plant availability.

Khavda Project Highlights

The company's Khavda site in Gujarat has shown exceptional performance, with solar CUF reaching 32.40% in Q4 FY25. This achievement is attributed to the deployment of advanced renewable energy technologies, including bifacial n-type modules, horizontal single-axis trackers, and robotic cleaning systems.

Future Outlook

AGEL is on track to reach 15.20 GW of operational capacity in the near term, with an additional 1 GW nearing completion. The company maintains its ambitious target of achieving 50 GW capacity by 2030, positioning itself as a key driver in India's energy transition.

ESG Leadership

AGEL's commitment to sustainability has been recognized globally:

• Ranked in the topmost 'Prime Band A-' category by ISS ESG, placing 1st in Asia and among the top 5 globally in the renewable energy sector.
• Sustainalytics ranks AGEL among the top 10 renewable energy companies worldwide.

As Adani Green Energy continues its trajectory of rapid growth and operational excellence, it remains at the forefront of India's renewable energy revolution, contributing significantly to the country's clean energy goals.

In a recent development that has caught the attention of investors, GQG Partners Emerging Markets Equity Fund has increased its stake in Adani Green Energy , one of India's leading renewable energy companies. The fund has raised its holding by 0.27% during the fourth quarter, a move that suggests growing confidence in the company's prospects and the broader renewable energy sector in India.

Strategic Investment in Green Energy

The decision by GQG Partners to enhance its position in Adani Green Energy comes at a time when the global focus on sustainable and clean energy solutions is intensifying. This incremental increase, while modest in percentage terms, is significant as it represents a continued vote of confidence from a major international investment firm.

Implications for Adani Green Energy

For Adani Green Energy, this increased stake by GQG Partners could be seen as a positive signal to the market. It may potentially:

• Boost investor confidence in the company's long-term strategy and growth prospects
• Reflect positively on the company's operational performance and market position
• Attract more institutional investors, both domestic and international

Broader Market Sentiment

The move by GQG Partners aligns with the growing global trend of institutional investors increasing their exposure to companies in the renewable energy sector. This trend is driven by:

• Increasing global emphasis on sustainable investments
• Government policies favoring clean energy initiatives
• The long-term growth potential of the renewable energy market

While specific financial details of Adani Green Energy are not available at this time, the increased stake by GQG Partners suggests a positive outlook on the company's future performance and its role in India's renewable energy landscape.

Conclusion

As the renewable energy sector continues to evolve, moves like this by major investment firms will be closely watched by market analysts and investors alike. Such investments have the potential to influence broader market sentiments towards green energy stocks in India, underlining the growing importance of the renewable energy sector in the country's economic landscape.