+
Adani Establishes World’s Largest Solar-Wind Hybrid Project
POWER & RENEWABLE ENERGY

Adani Establishes World’s Largest Solar-Wind Hybrid Project

Adani Green Energy, India's largest renewable energy generation company, has announced the completion of its latest solar-wind hybrid project.

In a press release, Adani Green Energy announced the successful commissioning of a 700 megawatt solar-wind hybrid project in Rajasthan's northern state. According to the company, it is the world's largest hybrid power project.

The project is in the Rajasthan district of Jaisalmer. In the district, Adani has three other solar-wind hybrid projects with a total capacity of 1,440 megawatts. The latest project brings the company's solar-wind hybrid project portfolio to a whopping 2,140 megawatts, accounting for nearly 27% of its operational capacity.

Through a competitive auction, Adani won this project and signed a power purchase agreement for 25 years at a rate of Rs 3.25 per kilowatt-hour. Bifacial solar modules with single-axis trackers are used in the project. The project, according to the business, will produce electricity at a capacity utilisation factor of at least 50%, making it India's most effective solar or wind power facility.

The financial difficulties of Adani are well known. Shares of Adani Green Energy have fallen more than 83% from their peak of Rs 3,000 in May 2022. Unconfirmed rumours claim that the company may reduce capacity expansion and concentrate on debt repayment in order to allay the mounting worries of lenders and investors.

Adani continues to be one of India's biggest and most successful renewable energy developers despite its financial difficulties. It has a sizable 20.4 gigawatt pipeline with offsets located all throughout the nation.

See also:
Adani to acquire 50% in Essel Saurya Urja Company
$442 mn Adani Green wind projects approved by SL Investment Board


Adani Green Energy, India's largest renewable energy generation company, has announced the completion of its latest solar-wind hybrid project. In a press release, Adani Green Energy announced the successful commissioning of a 700 megawatt solar-wind hybrid project in Rajasthan's northern state. According to the company, it is the world's largest hybrid power project. The project is in the Rajasthan district of Jaisalmer. In the district, Adani has three other solar-wind hybrid projects with a total capacity of 1,440 megawatts. The latest project brings the company's solar-wind hybrid project portfolio to a whopping 2,140 megawatts, accounting for nearly 27% of its operational capacity. Through a competitive auction, Adani won this project and signed a power purchase agreement for 25 years at a rate of Rs 3.25 per kilowatt-hour. Bifacial solar modules with single-axis trackers are used in the project. The project, according to the business, will produce electricity at a capacity utilisation factor of at least 50%, making it India's most effective solar or wind power facility. The financial difficulties of Adani are well known. Shares of Adani Green Energy have fallen more than 83% from their peak of Rs 3,000 in May 2022. Unconfirmed rumours claim that the company may reduce capacity expansion and concentrate on debt repayment in order to allay the mounting worries of lenders and investors. Adani continues to be one of India's biggest and most successful renewable energy developers despite its financial difficulties. It has a sizable 20.4 gigawatt pipeline with offsets located all throughout the nation. See also: Adani to acquire 50% in Essel Saurya Urja Company$442 mn Adani Green wind projects approved by SL Investment Board

Next Story
Real Estate

MoHUA Sanctions 1.47 Lakh Additional Houses Under PMAY-U 2.0

In a major push towards the Government’s Housing for All mission, the Ministry of Housing and Urban Affairs (MoHUA) has approved 1,46,582 additional pucca houses under Pradhan Mantri Awas Yojana – Urban 2.0 (PMAY-U 2.0) for 14 States/UTs, bringing total sanctions under the revamped scheme to 8.56 lakh.The decision came during the fourth meeting of the Central Sanctioning and Monitoring Committee (CSMC), chaired by Srinivas Katikithala, Secretary, MoHUA, at the Ministry’s Kasturba Gandhi Marg office. Senior officials, State Principal Secretaries, and PMAY-U Mission Directors participated ..

Next Story
Real Estate

Piyush Goyal Inaugurates Expanded ISA Building at Intellectual Property Office

Union Minister of Commerce and Industry, Piyush Goyal, today inaugurated the newly expanded International Searching Authority (ISA) building at the Intellectual Property Office (IPO) in Dwarka, New Delhi, marking a major step forward in India’s intellectual property ecosystem.Addressing the gathering, Goyal highlighted that innovation has been central to India’s heritage for centuries, citing the engineering brilliance of the Konark Temple as a historic example. He emphasised that innovation is not just intellectual property but a symbol of sovereignty, and a key driver in India’s journe..

Next Story
Real Estate

SIEGER Boosts Automation in Mumbai Realty

SIEGER, a leading automation solutions provider, is expanding its advanced manufacturing capabilities to meet the surging demand for precision, high-speed automation in Mumbai’s rapidly growing real estate sector.Operating from a 21,000 m² advanced production hub in Coimbatore—part of a 40,000 m² integrated campus—SIEGER offers complete solutions from design and prototyping to manufacturing and deployment. The fully digitalised facility features CNC machining, QR-coded component tracking, conveyorized powder coating, and a Government of India–certified R&D centre, ensuring unmatc..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?