Adani raises $394 million for 10 GW fully integrated solar fab
31 July 2023ANIL, a unit of Adani Enterprises Ltd., says that it has raised $394 million of trade financing from Barclays and Deutsche Bank. The funds will support the working capital requirements of its integrated solar module manufacturing facility.
ANIL is building one of the largest integrated green hydrogen ecosystems, spanning supply chain products manufacturing, green hydrogen generation, and downstream products (ammonia and urea).
Aiming for end-to-end supply chain control, it will manufacture key components and materials for renewables projects, including polysilicon, ingots, wafers, PV cells and modules, wind turbine generators, electrolyzers, and ancillary items.
In solar, ANIL says it plans full backward integration, from silicon to modules.
Related
-
ACWA Power Appoints Kent as Owner’s Engineer for Yanbu Green Hydrogen Hub in Saudi Arabia
6 October 2025
-
CPB Contractors to build Australian primary school
6 October 2025
-
Eni to invest $8bn in Egypt’s energy sector
1 October 2025
-
China’s Asia-Potash plans $1.6bln fertiliser complex in Algeria
30 September 2025
-
Qatar’s UCC Holding announces the launch of Damascus International Airport Project
29 September 2025
-
Wabtec secures $4.2bn locomotive order from Kazakhstan
29 September 2025