Company updateEconomic Times
Adani Green invests in battery storage to offset grid issues
Negative-1
GreyOak summary
Adani Green Energy lost Rs 700 crore in Ebitda due to renewable power curtailment caused by transmission constraints. The company is investing in battery energy storage systems to mitigate these issues and utilize wasted electricity. Total installed storage capacity reached 6.6 gigawatt hour after commissioning 3 gigawatt hour at Khavda.
What it affects
- Adani Green EnergyADANIGREENNegative -1
Lost Rs 700 crore Ebitda due to curtailment.Rolling sentiment Positive +20
Source
Read the original at Economic TimesMore Adani Green Energy news
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