India's Adani Group to Build 10 GW Solar Manufacturing Capacity by 2027
Feb 28,2024 | DAXTROMNSOLAR
Indian conglomerate Adani Group has announced plans to establish a solar manufacturing capacity of 10 gigawatts (GW) by 2027. This move comes as a part of India's push to expand its renewable energy sector and reduce its reliance on fossil fuels.
The Adani Group aims to become the world's largest solar manufacturing company by focusing on both domestic and international markets. The company will invest heavily in research and development, as well as scaling up its existing manufacturing units. The 10 GW capacity will cover the production of solar cells, modules, and ancillary equipment.
India has set a target of achieving 450 GW of renewable energy capacity by 2030, of which 280 GW will come from solar power. The growth in solar manufacturing capacity is also expected to create job opportunities and boost the country's economy.
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