Adani Green, Adani Power Rally As Group Targets 45 GW Renewable Energy Capacity by 2030
With an unwavering commitment to combating climate change and fostering environmental stewardship, the conglomerate is poised to redefine the global energy landscape through its ambitious renewable energy initiatives.
Adani Green shares climb 1.55% to Rs 1890 on NSE, while Adani Power stocks surge 3.43% to Rs 539.50, indicating positive market momentum for both companies on the National Stock Exchange.
At the forefront of Adani’s renewable energy endeavours is the construction of the world’s largest renewable energy park in Gujarat, India. This monumental project, situated in Khavda, exemplifies the group’s audacious vision, boasting a staggering generation capacity of 30 GW primarily derived from solar energy. Spanning an expansive area of 538 square kilometres, the park symbolises Adani’s relentless pursuit of clean energy proliferation on an unprecedented scale.
Gautam Adani, speaking at the inauguration of the ‘Energy Revolution: The Adani Green Energy Gallery’ at the esteemed Science Museum in London, emphasised the group’s pivotal role in spearheading an energy transition that transcends generational boundaries. As the chairman of the Adani Group, Adani underscored the imperative of nurturing sustainable energy solutions to safeguard the planet for future generations.
“With our renewable energy arm, Adani Green Energy, at the helm, we are taking monumental strides towards a cleaner, greener future,” remarked Adani. He highlighted the group’s status as the world’s leading solar power developer and India’s largest renewable energy company, underscoring its pivotal role in catalysing the transition towards renewable energy sources.
The Adani Group’s aspiration to achieve a formidable 45 GW of renewable energy capacity by 2030 signifies a resolute commitment to sustainable energy proliferation on a global scale. Adani likened this milestone to providing clean energy to nearly every household in England, illustrating the transformative impact of the group’s renewable energy initiatives.
Presently, the Adani Group boasts an operational renewable portfolio exceeding 9.5 GW, with additional projects aggregating up to 21.8 GW firmly in its pipeline. This robust portfolio underscores the group’s steadfast dedication to accelerating the adoption of renewable energy solutions across diverse geographies.
The inauguration of the ‘Energy Revolution’ gallery at the Science Museum heralds a pivotal moment in advancing public discourse on energy sustainability. Through immersive exhibits and interactive displays, the gallery elucidates the intricate nexus between human ingenuity and environmental stewardship in shaping our energy future.
Gautam Adani underscored the significance of museums as catalysts for education and inspiration, emphasising the transformative potential of the ‘Energy Revolution’ gallery in fostering awareness and igniting collective action towards a sustainable energy paradigm.
Central to the gallery’s narrative is the poignant sculpture ‘Only Breath,’ emblematic of nature’s transformative influence on technological innovation. From renewable energy stalwarts like solar and wind power to historic innovations like the Bersey cab, the gallery encapsulates the spectrum of advancements driving the low-carbon energy transition.
Sagar Adani, Executive Director of Adani Green Energy, reiterated the group’s commitment to leveraging education as a potent tool in the fight against climate change. By sponsoring the gallery, Adani Green Energy aims to inspire future generations of innovators and environmental stewards to envision a carbon-free world powered by clean energy solutions.
Sir Ian Blatchford, Director and Chief Executive of the Science Museum Group, lauded the ‘Energy Revolution’ gallery as a beacon of hope, igniting curiosity and sparking vital conversations on sustainable energy practices. Against the backdrop of record museum visitation, the gallery emerges as a transformative platform for galvanising collective action towards a more sustainable energy future.
As the Adani Group continues to forge ahead with its ambitious renewable energy agenda, it not only pioneers technological innovation but also catalyses a seismic shift towards a greener, more sustainable world. With its unwavering commitment to environmental stewardship and innovation, the group stands poised to shape the energy landscape for generations to come.
