Adani Green Energy Ltd. is now the world's second-largest solar photovoltaic cell developer, according to fresh rankings.
It is the only solar PV developer from Asia ranked in the Mercom Capital Group's latest annual global report, according to a company statement.
The report covers developers with 1 MW projects encompassing operational capacity, projects under construction and the ones with awarded power purchase agreement.
Also Read | Layoffs Are Rising In Tech, But These Skills Are Helping People Unlock Better Pay
-
NDTV Profit Ignite 2026: Experts See Opportunity In Equities, Stay Bullish For Long-Term -
Buy Right, Sit Tight Does Not Work for Individual Stocks, Says Dinshaw Irani -
'Worst Is Behind': Quant MF Sees Market Bottom, Flags 'Extreme Euphoria' In Midcaps -
India's Mutual Fund Industry Could Become A $1 Trillion Opportunity, Say Fund Managers -
'Foreign Investors Are Baraatis': Raamdeo Agrawal's Take On LTCG Tax -
Stay Invested Through Market Cycles: Raamdeo Agrawal at NDTV Profit Ignite -
Ramesh Damani Remains Bullish On India For Next 20-30 Years, Sees Bargains Amid Market Weakness -
CAS Came After A Long Consultation Process: SEBI Chairman Tuhin Kanta Pandey AT NDTV PROFIT IGNITE -
Aim To Cut FPI Onboarding Time From Mth To Five Days: SEBI Chairman Tuhin Kanta Pandey AT NDTV PROFI -
'One Can Never Get Good News And Bad Share Price': S Naren, ICICI Pru Life AMC On NDTV Profit Ignite
The report attributed Adani Green's "outstanding performance and contribution to the renewable energy landscape" for getting the second rank, the statement said. The company has a total solar capacity of 18.1 GW encompassing operational, under-construction, and awarded projects, behind 41.3 GW of France-based TotalEnergies.
"We are committed to largescale renewables, developing an indigenous fully integrated manufacturing ecosystem and green hydrogen solutions," Gautam Adani, chairman, Adani Group, said in a statement.
At the Adani portfolio level, planned investment of $75 billion by 2030 on energy transition initiatives "will further our vision to have 45 GW renewable energy capacity by 2030 and strengthen the pivotal role played by AGEL in India's glide path to decarbonisation", he said.
Disclaimer: AMG Media Networks Ltd. (AMNL) currently owns 49% stake in Quintillion Business Media Ltd. (QBML), the owner of BQ Prime Brand. AMNL has entered into an MOU to acquire the balance 51% stake in QBML. Post acquisition, QBML will become a wholly owned subsidiary of AMNL.
Essential Business Intelligence, Sharp Market Insights, Practical Personal Finance Advice, Daily Fuel, Gold and Silver Prices and Latest Stories — On NDTV Profit.
