Daily Newsletter

16 February 2024

Daily Newsletter

16 February 2024

Adani Green Energy operationalises 551MW of solar in Gujarat, India

The company’s total renewable generation capacity has risen to 9.03GW.

Archana Rani February 15 2024

Indian renewables developer Adani Green Energy has announced the operationalisation of 551MW of solar power generation capacity at Khavda in the Indian state of Gujarat.

The company is now distributing power to the country's national grid. It is developing Khavda into the world's largest solar park with 30GW of capacity.

The first phase was commissioned one year after the commencement of work.

Adani Group chairman Gautam Adani stated: “Adani Green Energy is creating one of the world’s most extensive renewable energy ecosystems for solar and wind.”

He emphasised the project's alignment with India's clean energy objectives and its target of 500GW of renewable energy capacity by 2030.

With the new solar plants operational, Adani Green Energy's total renewable generation capacity has risen to 9.03GW, in line with the company's goal of 45GW of capacity by 2030.

The anticipated 30GW capacity of the Khavda renewable energy park will be achieved by 2029, positioning it as the world's largest renewable energy installation.

The facility will supply electricity to 16.1 million homes.

Khavda's location in the Kutch district is ideal for both wind and solar power generation and the project's viability is supported by extensive studies.

The company also noted its commitment to developing robust local supply chains including procurement of wind turbine generators and trackers.

In December 2023, the company expanded its collaboration with TotalEnergies Renewables Singapore by forming a joint venture that includes a 1GW portfolio of energy projects in India.

TotalEnergies acquired a 50% stake in Adani Renewable Energy Nine with an investment of $300m (€279.41m).

Uncover your next opportunity with expert reports

Steer your business strategy with key data and insights from our latest market research reports and company profiles. Not ready to buy? Start small by downloading a sample report first.

Newsletters by sectors

close

Sign up to the newsletter: In Brief

Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Thank you for subscribing

View all newsletters from across the GlobalData Media network.

close