The Adani Group is India’s biggest renewable energy company and the world’s second-largest solar PV developer. The Group’s Adani Green Energy Limited (AGEL) operates sites with a combined portfolio of 20434 MW . In Gujarat, the Group is also constructing the largest renewable energy park in the world, with a 45 GW capacity. This shows that nothing can stop the conglomerate from growing, not even the Adani Group controversies.
Adani Solar, the first and biggest vertically integrated solar company in India, is the solar PV manufacturing division of the Adani Group. With a 4 GW production capacity, Adani Solar is now developing Mundra, India, into the world’s first wholly integrated and comprehensive ecosystem for 10 GW solar PV manufacturing.
At its Gujarat facility, Adani Group has started producing wafers and ingots for use in solar power cells and modules commercially. According to a senior company official, the company plans to produce polysilicon in 2027–2028 to become India’s first integrated renewable energy provider.
Fulfilling 2/3rd of 45 GW Renewable Energy
The Gujarat Hybrid Renewable Energy Park, also called the Khavda Solar Park or the Khavda Renewable Energy Park, is a renewable energy park currently being built near Kutch, Gujarat, India. Covering 726 square kilometres in the Rann of Kutch, a salt marsh at least 70 kilometres from the closest human habitation, it is the largest renewable energy park in the world. The park should produce 30 gigawatts of electricity from solar panels and wind turbines when finished. That’s a fantastic achievement for the conglomerate, helping it fight all challenges, including Adani Group controversies.
Two-thirds of the 45 gigawatts (GW) of renewable energy that the billionaire Gautam Adani’s Adani Group plans to create by 2030 will come from its $18.01 billion Khavda renewable energy park in Gujarat, which borders Pakistan.
The director of ANIL New Industries Ltd (ANIL), Vneet S. Jaain, stated, “We are the first company in India to set up an ingot and wafer factory of 2 gigawatts, and we have already started production.” Prime Minister Narendra Modi wants to see all of India’s energy sources expanded to achieve net zero carbon emissions by 2070.
Increasing Production Capacity for Solar Cells and Modules
At the moment, Adani imports polysilicon to create ingots that are then processed into wafers, thin sheets used to make solar power cells. China is the world’s largest manufacturer of solar wafers and ingots.
According to Jaain, Adani is building a hub for renewable manufacturing in Gujarat’s port city of Mundra and plans to invest over 300 billion rupees ($3.60 billion) to increase its production capacity for solar cells and wind turbines. According to Jaain, the production of 4-GW solar cells and modules is primarily supplied to the United States. He also mentioned that the capacity is intended to be increased to 10 GW.
According to him, ANIL currently manufactures 1.5 GW wind turbines and plans to increase output to 2.5 GW by March and 5 GW by March 2027.
Adani Green Energy Ltd. (AGEL), which oversees the Group’s renewable energy generation, presently generates 11 GW of green power through a variety of projects. This is quite big, bigger than the Adani Group controversies the company has been dealing with so efficiently.
Of this, the 1.5-trillion-rupee 30-GW Khavda project produces 2 GW. When finished, this will be the largest renewable energy park in the world, producing 4 GW of wind energy and 26 GW of solar electricity by 2030.
Khavda Project’s Capacity to Increase to 6 GW
The Khavda project will generate 6 GW of power by the end of March 2025, securing its place as the world’s foremost producer of renewable energy. This challenging goal denotes a quick increase in capacity, and Adani Green is dedicated to even more. The Managing Director of AGEL, Jaain, said, “After that, we plan to establish approximately 5 GW of capacity annually.” This corresponds to an extra 5 GW annually, positioning them to meet their target of 30 GW by 2030 and potentially transforming the renewable energy landscape of India.
Conclusion
The Adani Group is mostly driving India’s transition to renewable energy. By 2030, their ambitious Khavda project is expected to generate a considerable amount of the Group’s 45 GW for renewable energy, making it the largest renewable energy park in the world. Beyond just producing solar power, Adani’s manufacturing division, Adani Solar, aspires to establish an all-encompassing solar production ecosystem in India. Adani Group’s vertical integration strategy places it in a leading position to contribute to India’s renewable energy revolution and be resilient in the face of Adani Group controversies.
