Adani Green at new high

about 1 year ago
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Adani Green is currently the top gainer on the BSE currently. From its close of yesterday at Rs.496.40, it opened at Rs508, rising quickly to hit a new high at Rs546, briefly touching its 10% UC of the day.

As per the latest rankings of global solar companies by Mercom Capital, Adani Group has been ranked  as the #1 global solar power generation asset owner in terms of operating, under construction and awarded solar projects.

Adani’s renewable energy portfolio exceeds the total capacity installed by the entire United States solar industry in 2019 and will displace over 1.4 billion tons of carbon dioxide over the life of its assets.

This is thanks to the 8 GW solar energy contract is received from the Govt in June. The transaction is valued at Rs.45,000 crore.

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.

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