Adani Green Becomes First Indian Firm To Cross 20 GW Renewable Capacity

Adani Green Energy Ltd (AGEL) on Wednesday said it has crossed 20 gigawatts (GW) of operational renewable energy capacity, becoming the first clean energy company in India to achieve the milestone through greenfield project development.

The company said it now generates more than 52 billion units of clean electricity every year. According to AGEL, this accounts for nearly 3% of India's annual electricity consumption. The output is enough to power New York City for a year or meet the combined electricity demand of Mumbai and New Delhi.

The company achieved the milestone within a decade of commissioning its first renewable energy project at Kamuthi, Tamil Nadu, in 2016. At 12:44 pm, Adani Green Energy shares were up 2.73% on the National Stock Exchange (NSE).

Record Capacity Addition In FY26

AGEL said it added 5,051 megawatts (MW) of renewable energy capacity during FY26. It described this as the highest annual renewable capacity addition by any company outside China. The company said the latest expansion makes it India's largest and fastest greenfield renewable energy capacity. developer.

Commenting on the achievement, Sagar Adani, Executive Director of Adani Green Energy Ltd, said crossing the 20 GW mark reflects the company's long-term execution strategy and disciplined project delivery.

Solar Continues To Lead Portfolio

The company's operational portfolio includes around:

• 14.2 GW of solar power capacity.

• 2.7 GW of wind power capacity.

• 3.3 GW of wind-solar hybrid capacity.

AGEL also said it has commissioned 3.55 gigawatt-hours (GWh) of battery energy storage systems (BESS). According to the company, this is the world's largest battery storage deployment outside China and among the fastest completed globally.

The company said battery storage will play a larger role as renewable energy contributes a bigger share of India's electricity mix.

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Eyes 50 GW Renewable Capacity By 2030

AGEL plans to add 10 GWh of battery storage capacity during FY27. Over the next five years, it aims to expand its battery storage portfolio to 50 GWh. The battery storage expansion will support the company's target of reaching 50 GW of renewable energy capacity by 2030.