Adani Green Energy Ltd (AGEL), the renewable energy arm of the Adani Group, announced it has become the largest operator of renewable energy plants in india with a total caoacity of 8,024 Mw.
The company announced it now has its fourth wind-solar hybrid power plant fully operational at Jaisalmer in Rajasthan and the asset has been capitalized. The hybrid power plant has a capacity of 700 MW and has a Power Purchase Agreement (PPA) at Rs 3.24/kwh for 25 years.
“With the successful operationalisation of the 700 MW plant, the world’s largest wind-solar hybrid power plant, AGEL now has the largest operating renewable portfolio in India with 8,024 MW. The plant is housed under AGEL’s 100% subsidiary, Adani Hybrid Energy Jaisalmer Four Ltd,” AGEL said in a statement.
It added that with the operationalisation of the plant, AGEL’s operating wind-solar hybrid portfolio has now reached 2,140 MW, the largest in the world.
The hybrid project consists of a 600 MW solar and 510 MW wind power plants and it deploys renewable technologies including bifacial solar PV modules and horizontal single-axis trackers (HSAT) systems to enable maximum electricity generation from solar energy.
“The plant is co-located and is designed to deliver CUF of minimum 50%, the highest CUF of any renewable project in India. The plant harnesses the potential of renewable energy by resolving intermittency of the generation and provides a more reliable solution to meet the rising power demand,” AGEL said in a statement.
Earlier in May 2022, AGEL had operationalised India’s first hybrid power plant of 390 MW. This was followed by the commissioning of the world’s largest co-located hybrid power plant of 600 MW in September 2022 and the third hybrid power plant of 450 MW in December 2022. All three of these hybrid energy generation assets are located in Jaisalmer, Rajasthan.
