Real Assets
French oil major Total has acquired a stake in India’s Adani Green Energy (AGEL), a move that continues to push it ahead of its fellow European oil majors when it comes to renewables. AGEL has 3 GW of operating renewable capacity, the same in construction and 8.6 GW in development, adding up to 14.6 GW. By 2025 it is targeting 25 GW. It claims to be the world's largest solar developer. In June last year, it won the world's largest solar tender, an 8 GW auction in India.