March 10, 2021
Source: Energyworld

Diversification coming to the rescue for underperforming renewable energy firms

Indian renewable energy companies failed to meet generation targets in financial years 2018-19 and 2019-20 but they will be able to withstand the impact of this underperformance thanks to large and diversified portfolios, according to Moody's . Moody's analyzed 176 projects totaling 11,462 megawatt capacity across 5 companies — Greenko Energy Holdings, ReNew Power, Adani Renewable Energy, Azure Power Energy and Azure Power Solar Energy.

   Read More About : Adani India Renewable Energy
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