Adani Enterprises, through its subsidiary Adani New Industries Limited (ANIL), has announced the formation of Adani New Industries One Limited (ANIOL). It is an organization dedicated to manufacturing and providing services in the solar and wind energy sectors. It will focus on trading and supplying essential materials like inverters, wind turbines, and blades; alongside managing the adani solar panel supply across the country.
This strategic move aligns with the company’s broader commitment to renewables in the country. Adani Green Energy Limited (AGEL), the other arm of the group, has been actively expanding its renewables portfolio, aiming for a capacity of 45,000 MW by 2030. Which highlights the group’s commitment to making sustainable energy solutions accessible to people.
AGEL reported a 37% year-on-year (YoY) increase in operational capacity, reading 11,609 MW for the first time on December 31, 2024. In India’s rising solar sector, AGEL made a significant mark. It commissioned 2,113 MW in Khavda, Gujarat, and 580 MW in Rajasthan.
Overall, as of January 31, 2025; India’s total installed solar capacity stands at 100.33 GW, with 84.10 GW under implementation and an additional 47.49 GW under tendering. The country is all set to experience a massive influx of solar investment that will continue to boosts its overall capacity in the near future.
“We anticipate a surge in renewable energy investments, driven by increased participation from both private and public sectors, setting the stage for continued growth in 2025,” stated Srivatsan Iyer, Global CEO, Hero Future Energies.
