Leading renewable energy solutions
company Adani Green Energy Limited has reached the spot of the second-largest
global solar photovoltaic (PV) developer, in Mercom Capital Group’s latest
annual global report.
As per the report, the Adani Group
company’s outstanding performance and contribution to the renewable energy
landscape have earned it the second rank among the world’s foremost solar
photovoltaic developers.
With a total solar capacity of 18.1 GW
encompassing operational, under-construction, and awarded (PPA-contracted)
projects, Adani Green Energy solidifies its spot in the global solar energy
sector.
With a total capacity of 41.3 GW,
France-based TotalEnergies emerged at the top, as per the report.
Adani Group Chairman Gautam Adani said, “We
are committed to large-scale renewables, developing an indigenous fully
integrated manufacturing ecosystem and green hydrogen solutions.”
“At the Adani portfolio level, a total
investment of US$ 75 billion (by 2030) on our energy transition initiatives
will further our vision to have 45 GW renewable energy capacity by 2030 and
strengthen the pivotal role played by AGEL in Bharat’s glide path to
decarbonisation,” said the group chairman.
Mercom Capital Group, a reputable clean
energy communications and research firm, has unveiled its report outlining the
top ten leading global large-scale solar PV developers based on data compiled
from July 2022 to June 2023.
It included data on projects with more
than 1 MW capacity encompassing operational capacity, projects under
construction and projects with awarded Power Purchase Agreement (PPA).
The top 10 developers accounted for 145
GW of operational, under-construction, and awarded (PPA-contracted) solar
projects during the reporting period.
Of this, 49.5 GW of projects were
operational, 29.1MW were under construction, and 66.2 GW were in pipeline
(PPA-contracted).
ANI
