Adani Group has become the world’s largest solar power generation asset owner in terms of operating, under construction and awarded solar projects, according to the latest rankings of global solar companies by Mercom Capital.
In a statement, Adani Green Energy Ltd said that the company’s renewable energy portfolio exceeds the total capacity installed by the entire US solar industry in 2019 and will displace over 1.4 billion tons of carbon dioxide over the life of its assets.
“We anticipate that over the next decade several existing business models will be impacted as a result of the disruption caused by the intersection of plummeting cost of renewable energy and the ability of technology to rescale industries,” Gautam Adani, Chairman of Adani Group, said.
