Adani Green Energy Ltd (AGEL) has claimed the top spot in the latest Energy Intelligence Top 100 Green Utilities ranking, pushing past China’s National Nuclear Corp. and Spain’s Acciona.
The UK-based Energy Intelligence rankings track 100 major power generators that together represent more than 35% of global generation capacity. The rankings are calculated based on emissions intensity, or kilograms of CO2 per megawatt hour generated, and non-hydro renewable capacity, underscoring the growing expectation that climate leadership must show up in both capacity and carbon performance.
“We have now the policy architecture and economics that work, so consequently the whole energy transition is now an economic push,” said Adani Group CFO Jugeshinder (Robbie’) Singh, adding the company remains on track to exceed its FY30 renewable target. AGEL aims to reach 50 GW by FY30, which would contribute more than 10% of India’s national 500 GW renewables goal.
Energy Intelligence noted that Asian companies account for half of the leaders, while the rest of the top 10 remains dominated by European firms. Adani Green is the only Indian company in the top five.
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