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


Your next big infra connection is waiting at RAHSTA 2025 – Asia’s Biggest Roads & Highways Expo, Jio World Convention Centre, Mumbai. Don’t miss out!

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
Resources

IGBC Launches 32nd Chapter in Ranchi to Drive Green Building Growth

The CII Indian Green Building Council (IGBC) has launched its 32nd Chapter in Ranchi to accelerate Jharkhand’s transition towards sustainable and resilient urban infrastructure. The launch event, held on September 6 at Radisson Blu Hotel, brought together government officials, industry leaders, and sustainability experts. Sunil Kumar, IAS, Principal Secretary, Urban Development & Housing Department, Government of Jharkhand, said, “The launch of the IGBC Ranchi Chapter marks a significant step in Jharkhand’s urban development journey. The state is committed to creating a policy e..

Next Story
Real Estate

Mindspace REIT Marks Five Years With 14.8 Per Cent Annualised Returns

Mindspace Business Parks REIT, owner and developer of a Grade-A office portfolio, has completed five years since its listing on the Indian bourses in August 2020. Despite debuting during the global pandemic, the REIT has delivered 14.8 per cent annualised total returns, expanded its portfolio, and reinforced occupier trust. Key achievements over five years include: Portfolio expansion of 30 per cent to 31.0 msf through acquisitions and new developments. Gross leasing of 25.2 msf, with occupancy sustained at 93.7 per cent. Cumulative distribution of Rs 55.9 billion to unitho..

Next Story
Real Estate

Great Value Realty Secures RERA Nod for Ultra-Luxury Ekanam Project

Great Value Realty, one of North India’s most trusted developers, has received RERA approval for its flagship ultra-luxury residential project, Ekanam (RERA No. UPRERAPRJ15109/2019). The announcement was made during the Great Partners Meet at Noida. Built on the only available land parcel in Sector 107, Noida, Ekanam embodies the company’s philosophy, “Great is the New Norm,” promising excellence in design, quality, and sustainable community living. With seamless connectivity to Noida Expressway, DND Flyway, metro stations, and proximity to the upcoming Jewar Airport, the project ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?