Adani Group Embarks on Path to Renewable Energy Integration, Initiates Solar Manufacturing in Gujarat
The Adani Group has commenced commercial production of wafer and ingots essential for manufacturing solar power cells and modules at its facility in Gujarat. Setting ambitious goals, the conglomerate aims to achieve integration into India’s renewable energy landscape by venturing into polysilicon production by 2027/28, positioning itself as the country’s inaugural fully integrated renewable energy player.
With a vision to generate 45 gigawatts (GW) of renewable power by 2030, Adani Group plans to spearhead this initiative predominantly through its monumental $18.01 billion Khavda renewable energy park in Gujarat, slated to contribute two-thirds of the targeted capacity. Presently, Adani relies on importing polysilicon for the production of ingots, the foundational material for wafer fabrication, a process essential for manufacturing solar power cells. Notably, China stands as the primary global producer of solar wafers and ingots.
Expanding its footprint in the renewable energy sector, Adani is establishing a renewable manufacturing hub in the port city of Mundra, Gujarat. The conglomerate pledges an investment exceeding 300 billion rupees ($3.60 billion) towards augmenting its capacities in solar cell and wind turbine manufacturing.
*Image used in this post is for illustration only
#AdaniGroup #RenewableEnergy #SolarManufacturing #Gujarat #EnergyTransition #Sustainability
