Adani Green Energy Limited Soars to the Second Position in Global Solar Photovoltaic (PV) Development
Adani Green Energy Limited, a prominent player in the renewable energy sector, has achieved the remarkable feat of securing the second spot in the Mercom Capital Group’s annual global report on solar photovoltaic developers. The report underscores Adani Green Energy’s exceptional performance and significant contributions to the renewable energy landscape.
Global Recognition for Adani Green Energy
The Mercom Capital Group’s report reveals that Adani Green Energy Limited now holds the prestigious position of the second-largest global solar photovoltaic developer. This recognition comes on the heels of the company’s outstanding achievements and dedication to advancing renewable energy solutions worldwide.
Impressive Solar Capacity
Adani Green Energy’s total solar capacity stands at an impressive 18.1 GW, encompassing operational, under-construction, and awarded (PPA-contracted) projects. This substantial capacity firmly establishes Adani Green Energy as a key player in the global solar energy sector.
Vision for the Future
Gautam Adani, Chairman of Adani Group, expressed the company’s commitment to large-scale renewables, emphasizing the development of an integrated manufacturing ecosystem and green hydrogen solutions. Adani envisions a total investment of USD 75 billion by 2030, aiming to achieve 45 GW of renewable energy capacity and significantly contribute to India’s decarbonization journey.
Mercom Capital Group’s Insights
Mercom Capital Group, a respected clean energy communications and research firm, compiled the report based on data gathered from July 2022 to June 2023. The top ten global solar PV developers accounted for a substantial 145 GW of operational, under-construction, and awarded solar projects during this period.
Adani Green Energy’s remarkable ascent in global rankings reflects the company’s commitment to sustainable energy and its pivotal role in shaping India’s renewable energy landscape.
Source：businessworld.in
