After a difficult year in the oil world, Total is planning to invest in heavily India’s solar sector going into the next decade. The French company plans to invest $2.5 billion for a 20 percent stake in Adani Green Energy Ltd., the world’s largest solar developer. While Total plans to continue investing heavily in fossil fuels, the shift to green energy responds to calls from regulators and governments to plan for a low-carbon future. The investment sees Total strengthen their partnership with Adani, planning for the future of India’s renewable energy development. The deal means Total will hold a 50 percent stake in a 2.35 GWac portfolio of operating solar assets owned by AGEL as well as a 20 percent stake in AGEL. They will also have a seat on the company’s Board of Directors. Founded in 2015, AGEL is the biggest single location solar power project in the […]