Adani Group Plans $100 bn Investment in India’s Green Energy Transition

By Editor


Gautam Adani, Founder and Chairman of the Adani Group, has unveiled plans to invest an estimated $100 billion into India’s green energy transition over the next decade, IANS reports.

This initiative includes scaling up solar manufacturing capacity to 10 GW by 2027, underscoring Adani Group’s commitment to driving the nation’s renewable energy agenda forward.

Adani Green Energy also announced the operationalization of 1,000 megawatts (MW) of solar energy capacity at the Khavda Renewable Energy Park in Gujarat.

Adani Green Energy disclosed that this accomplishment is part of the larger 30,000 MW renewable energy park initiative in Khavda, Gujarat. With this latest development, Adani Green Energy’s operational capacity now stands at an impressive 9,478 MW, propelling the company closer to its ambitious goal of reaching 45,000 MW by 2030.

The deployment of 1,000 MW was completed in less than 12 months from the commencement of work at the Khavda RE park, which is notably the world’s largest of its kind. The project involved the installation of approximately 2.4 million solar modules, showcasing AGEL’s commitment to swift and efficient execution.

Adani Green Energy has emphasized its dedication to supporting India’s objective of achieving 500 GW non-fossil fuel capacity by 2030, underscoring its role as a key contributor to the country’s sustainable energy transition.

Spanning an area of 538 square kilometers, equivalent to five times the size of Paris, the Khavda Renewable Energy Park is set to become the world’s largest renewable energy plant upon completion. Adani Green Energy anticipates the project’s conclusion within the next five years, with projections indicating the creation of over 15,200 green jobs in the region.

Innovative solutions are being employed at the Khavda site to integrate sustainable practices effectively. Adani Green Energy has committed to utilizing waterless cleaning robots across the entire solar capacity to mitigate dust accumulation on panels, thereby optimizing energy output and conserving water resources in the arid Kutch region. This initiative aligns with Adani Green Energy’s objective of achieving water neutrality, in line with the United Nations Sustainable Development Goal 6.

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