World's largest
According to research firm Mercom Capital the Adani groups is now the largest solar power asset generation owner in the world.
Adani's solar portfolio is 12.32 GWac which exceeds the total installed capacity of the USA in 2019
Environmental Impact
Solar generation energy with this capacity will displace 1.4 billion tons of carbon dioxide.
Adani established its first solar project in just 2015 and now has combined wind and solar portfolio of 14.62 Gwac.
Pan India Presence
Its plants are present in 66 locations across 11 Indian states and its aim is tp have a portfolio os 25 GW (gigawatts) by 2025.
Solar Power in India
Solar power in India is a fast developing Industry. According to wikipedia - the Indian government had an initial target of 20 GW (gigawatts) capacity for 2022, which was achieved four years ahead of schedule.
India has established nearly 42 solar power parks to make land available to the promoters of solar plants.
India also has the lowest capital cost - in the world - per Mw (megawatt) of installing solar power plants.
International Solar Alliance
The International Solar Alliance proposed by India (as a founder member) is headquartered in India.
India has also put forward the concept of "One Sun One World Grid" and "World Solar Bank" to harness abundant solar power on Global Scale.
National Solar Potential of India
With about 200 clear and sunny days in a year, the calculated solar energy incidence on India's land area is about 5000 trillion Kilowatt hours (kWh) per year.
The solar energy is available in India in abundance. If harnessed properly India can save tremendous foreign exchange by importing less of fossil fuels - which currently account for a bulk of its requirements.
This can also help in saving the environment.
Solar Capacity in India - various years (till 31st March 2020)
The challenge for India now is to now further develop robust solar cell manufacturing Industry in India. There are currently about 16 manufacturers of solar cells in India. Out of these about 8 have a capacity of more than 100Mw. Most of the solar cells are currently imported from China.
(Disclaimer : This blog is for education purposes only and not to solicit any business or provide any kind of advise)
