Renewables in India: an energy challenge

1.4 billion people. More than 3 million square kilometers.

Objective: Provide a growing population with energy while reducing its CO₂ emissions by 40% by 2030.

That's India's challenge.

One of the solutions: to rely more and more on renewables.

On the one hand, India needs renewable energy.

On the other hand, after we had dealt with a natural gas partnership, we decided to join forces in renewables, and we had our first partnership:

it was a 50-50 joint venture between TotalEnergies and Adani Green Energy for about 3 GW of projects already in operation.

It was very useful for us because it was our first entrance into the renewable market in India.

The portfolio now comprises 32 solar farms in 9 states.

Clean and competitive, solar energy is perfectly suited to a country like India, which a recent study ranked 1st worldwide for its solar potential.

And that's not all.

TotalEnergies has acquired a 20% stake in Adani Green Energy, which operates solar and wind farms across the country.

We are currently at Dayapar. It's a place in Gujarat, on the western coast of India.

The entire project's size is 642 MW covering about 305 wind turbines.

This project generates close to 1.8 billion KWh per year.

To give this some perspective, it's close to lighting up 380,000 households.

This is significantly contributing to India's ambition of a greener economy.

The goal is to combine TotalEnergies' technical and technological know-how

with Adani's knowledge of the country, the market and its customers.

India has abundant sunshine and very good wind.

As far as leadership in renewables is concerned, India is going to go ahead.

It's already announced the target of 500 GW by 2030.

And as far as Adani

and TotalEnergies are concerned,

with the strengths that both partners bring to the table,

I don't see why we should not be a 50-100 GW platform, from the 20 that we are today.

It is a space that will be very exciting for both companies.

It will be truly transformational in terms of the work we'll be able to do

for India but also for the world at large.

40% of the country's power generation should come from renewables by 2030.

Supplying more energy with fewer emissions is TotalEnergies' mission.

And that mission takes on its full meaning in India.