Adani Group’s Remarkable Journey in Developing Their Renewable Energy Portfolio

Adani Green Energy Ltd (AGEL), the renewable energy arm of the Adani Group, has emerged as a significant player in the renewable energy sector in India. With a focus on wind-solar hybrid power plants, AGEL’s portfolio has witnessed a massive expansion over the years. In this article, we will discuss the key milestones in AGEL’s journey to become India’s largest operating renewable energy company and the world’s largest wind-solar hybrid power developer.

AGEL’s Growth in Renewable Energy Sector

1. Rapid Expansion of Portfolio

AGEL’s renewable energy portfolio has expanded rapidly in recent years, reaching 8,024 MW in 2023. This growth has been driven by the successful commissioning and operation of several large-scale wind-solar hybrid power plants in Rajasthan. The company’s commitment to harnessing renewable energy has made it the largest operating renewable energy company in India.

2. India’s First Hybrid Power Plant

In May 2022, AGEL commissioned India’s first hybrid power plant, with a capacity of 390 MW. This groundbreaking project marked the beginning of AGEL’s focus on developing hybrid power plants that combine solar and wind energy generation to provide a more reliable and efficient solution for India’s rising power demand.

3. World’s Largest Co-Located Hybrid Power Plant

In September 2022, AGEL commissioned the world’s largest co-located hybrid power plant, with a capacity of 600 MW, in Jaisalmer, Rajasthan. This project further cemented AGEL’s position as a leader in the renewable energy sector.

4. Continued Expansion and Innovation

AGEL continued its growth trajectory by commissioning a 450 MW hybrid power plant in December 2022, also in Jaisalmer, Rajasthan. This was followed by the operationalization of another 700 MW wind-solar hybrid power plant in March 2023, taking the company’s total operating wind-solar hybrid portfolio to 2,140 MW, the largest in the world.

5. Advanced Renewable Technologies

AGEL’s hybrid power plants deploy advanced renewable technologies, such as bifacial solar PV modules and horizontal single-axis trackers (HSAT) systems, to maximize electricity generation from solar energy. These technologies help AGEL’s plants achieve a capacity utilization factor (CUF) of minimum 50%, the highest CUF of any renewable project in India.

Adani Green Energy Ltd (AGEL). Here is a summary of the key milestones in AGEL’s journey:

1. August 2011: Adani Green Energy Ltd (AGEL) was founded to focus on the renewable energy sector, specifically solar and wind energy.
2. April 2015: Adani Group commissioned its first solar power plant with a capacity of 40 MW in Bitta, Gujarat, marking the beginning of its renewable energy portfolio.
3. September 2017: Adani commissioned the then-largest solar power plant in the world, with a capacity of 648 MW in Kamuthi, Tamil Nadu. This milestone showcased the company’s commitment to accelerating India’s renewable energy transition.
4. May 2020: AGEL acquired SB Energy India, significantly expanding its renewable energy portfolio by 4,954 MW across various projects in India.
5. May 2022: AGEL commissioned India’s first hybrid power plant with a capacity of 390 MW in Jaisalmer, Rajasthan. This innovative project combined solar and wind energy generation, addressing intermittency issues and optimizing land use.
6. September 2022: AGEL commissioned the world’s largest co-located hybrid power plant with a capacity of 600 MW in Jaisalmer, Rajasthan. This groundbreaking project further showcased the company’s expertise in renewable energy integration.
7. December 2022: AGEL commissioned another hybrid power plant, adding 450 MW to its renewable energy portfolio, in Jaisalmer, Rajasthan.
8. March 2023: AGEL commissioned the world’s largest wind-solar hybrid power plant with a capacity of 700 MW, also in Jaisalmer, Rajasthan. With this milestone, AGEL’s operating wind-solar hybrid portfolio reached 2,140 MW, continuing to be the largest in the world.
9. March 2023: AGEL became the largest operating renewable energy company in India, with an impressive 8,024 MW of capacity across its solar, wind, and hybrid power plants.

Throughout its journey, the Adani Group has demonstrated its commitment to renewable energy development and innovation. The company’s rapid expansion and global achievements have played a vital role in India’s transition towards cleaner and more sustainable energy sources.