The 8 gigawatt solar energy contract that Adani Green Energy won from the government in June has propelled it to become the world’s largest solar developer by capacity.
According to a ranking renewable energy consultancy Mercom Capital Group, Adani Green is currently the top global solar developer with 2.3 GW of operational projects, 2 GW under construction, and 8 GW of awarded projects (with contracted PPAs) for a total capacity of 12.3 GW. Hong Kong-based GCL New Energy is the second largest global solar developer with 7.1 GW, followed by SB Energy, Enel Green Power, Brookfield Renewable, First Solar, AES Corporation, Invenergy, Lightsource bp, and ENGIE.
In June, Adani Green Energy Ltd bagged a manufacturing-linked solar contract from the Solar Energy Corporation of India (SECI) to develop 8 GW of projects. The transaction is valued at ₹45,000 crore, or $6 billion.
