Renewable Mirror News Detail

Adani Green Powers Gujarat's Khavda with Inauguration of World's Largest Renewable Energy Park

17 Feb 2024

Power has started flowing from the first phase of a 30-gigawatt renewable energy park being built in western India, the company behind the megaproject said Wednesday. Adani Green Energy said it had operationalized the 551-megawatt solar plant in Khavda, Gujarat, by supplying power to the national grid. The company plans to  develop the park comprising solar and wind power over the next five years.When complete, the site would be the largest renewable energy installation in the  world, powering over 16 million homes and avoiding 58 million metric tons of carbon dioxide emissions annually, the company said.AGEL, the clean energy division  of the Adani Group conglomerate, has an operating renewables portfolio of more than 9 GW spread across 12 states."Adani Green Energy is creating one of the world's  most extensive renewable energy ecosystems for solar and wind," Adani Group Chairman Gautam Adani said in a statement. "Through bold and innovative projects like  the Khavda RE plant, AGEL continues to set higher global benchmarks and rewrite the world's planning and execution standards for giga-scale renewable energy projects." Although India depends on coal for most of its electricity generation, the country has a rapidly growing clean energy industry, centered on solar power. In 2022, the country added 13.9 GW of solar capacity, equivalent to the U.K's entire solar fleet at the end of 2021, independent energy think tank Ember  said in a report released early last year.India had an installed non-fossil energy capacity of about 180 GW as of November, according to the national  investment facilitation agency Invest India.India has pledged to reach net-zero emissions by 2070 and reduce the carbon intensity of the economy by  45% from 2005 levels by 2030. A key component of that plan is generating more than 500 GW of renewable energy, or 50% of total installed power capacity,  from non-fossil sources by the end of the decade.This content was created by Oil Price Information Service, which is operated by Dow Jones & Co. OPIS is  run independently from Dow Jones Newswires and The Wall Street Journal.

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