By 2027, the Adani Group Wants to Produce 10 GW of Integrated Solar Energy

Adani
Adani

Adani Group’s ambitious plan to build 10 GW of integrated solar manufacturing capacity by 2027 is a significant stride in India’s solar energy landscape. The current 4 GW solar manufacturing capacity and a confirmed order book of over 3,000 MW for exports position Adani Solar as a key player in the renewable energy sector.

The government’s strategic interventions, including trade barriers and incentives, have spurred private investments in solar manufacturing. Adani Solar’s rapid expansion from a 1.2 GW capacity in 2016 to a 4 GW module and 4 GW cell capacity today reflects its commitment to growth and sustainability. Having sold over 7 GW of modules globally, Adani Solar ranks among the top solar module suppliers, as per Mercom’s India solar market Leaderboard 2023.

The upcoming 10 GW solar manufacturing ecosystem in Mundra, Gujarat, is a groundbreaking initiative that aligns with India’s aim to become a global solar manufacturing hub. This integrated facility, with deep backward integration across the value chain, will create over 13,000 green jobs and further solidify India’s position in the renewable energy sector.

Adani Solar’s emphasis on technology adoption and partnerships with global institutes showcases its commitment to innovation.

The company’s success is not only contributing to India’s solar manufacturing growth but also driving a significant increase in solar cell and module exports, reflecting a 364 percent jump from FY22 to FY23.

Adani Group’s vision and strategic investments are propelling India’s solar energy sector toward sustainability, economic growth, and global leadership in renewable energy manufacturing.

Read More: Click Here