Adani Green Energy wins the world’s largest solar award

Adani Green Energy wins the world’s largest solar award

by admin- Tuesday, June 9th, 2020 04:22:54 PM

Adani Green Energy has won the first of its kind manufacturing linked solar agreement from the Solar Energy Corporation of India (SECI).

As a part of the award, AGEL will build 8 GW of solar projects along with a commitment that will see Adani Solar establish 2 GW of additional solar cell and module manufacturing capacity. This award, the largest of its type, ever, in the world, will entail a single investment of US $6 billion and will create 400,000 direct and indirect jobs. It will also displace 900 million tonnes of carbon dioxide over its lifetime.

With this win, AGEL will now have 15 GW capacity under operation, construction or under contract thereby accelerating its journey towards becoming the world’s
largest renewables company by 2025. This award will also take Adani Green Energy Limited closer to its target of achieving an installed generation capacity of 25 GW of renewable power by 2025 which in turn will see it committing a total investment of $15 billion in the renewable energy space over the next 5 years.

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