Adani Green Energy surpasses 10 GW of operating renewables capacity

Adani Green Energy Ltd (AGEL) has reached an operating renewable energy portfolio of 10,934 MW, the largest in India. Out of this, 2,848 MW of renewables capacity was brought on stream in FY 2024 alone.

AGEL’s operating RE portfolio consists of 7,393 MW solar, 1,401 MW wind and 2,140 MW wind-solar hybrid capacity. This represents about 11% of India’s installed utility-scale solar and wind capacity and contributes over 15% of India’s utility-scale solar installations.

AGEL’s 10,934 MW operating portfolio is estimated to power more than 5.8 million homes and avoid about 21 million tonnes of CO2 emissions annually.

“The milestone is a testament to AGEL and its development partners firmly moving towards the goal of 45 GW renewable energy by 2030,” stated AGEL. “AGEL combines innovative technology, execution capabilities, digitization, a robust supply chain network, and long-term infrastructure financing with sustainable practices to drive the clean energy transition and decarbonization on a giga scale.”

Gautam Adani, chairman of the Adani Group, said, “In less than a decade, Adani Green Energy has not just envisioned a greener future but has actualised it, growing from a mere idea to explore clean energy to achieving a phenomenal 10,000 MW in installed capacity. This achievement is a demonstration of the rapidity and scale at which the Adani Group aims to facilitate India’s transition to clean, reliable and affordable energy.”

AGEL targets 45 GW of installed RE capacity by 2030. In its drive to meet the target, the company is building the world’s largest renewable energy park in Khavda, Gujarat. The 30 GW Khavda renewable energy park spans a staggering 538 sq km of barren land, five times the size of Paris. AGEL has operationalized 2 GW of cumulative solar capacity (over 6% of the planned 30 GW) within 12 months of commencing work. The cumulative 30 GW of RE capacity at the park is expected to be completed in the next five years and create over 15,200 green jobs.

The company is pursuing sustainable practices across its operations. Its operating portfolio is certified ‘single-use plastic free’, ‘zero waste-to-landfill,’ and ‘water positive for plants with more than 200 MW capacity’.