RENEWABLE ENERGY

Adani Green Energy’s Hybrid project a new horizon for wind projects in India

The sails of boats and the blades of windmills powered the world to an age of globalization. While cheaper sources of power gradually took the centre stage, wind power was relegated to minor roles. It was centuries before renewable sources of energy were explored as the world dreamt of a greener future.

The discovery of wind as a potential energy supplier saw millions being invested in harnessing it. While the development of wind-farms in India may have been overshadowed by other green projects like solar plants, wind energy generation is witnessing a significant push after the recent raising of $1.35 billion debt by Adani Green Energy Ltd (AGEL) to fund its project.

This should not come as a surprise given the past projects of the Adani group. Back in 2020, Siemens Gamesa received orders from AGEL for one of the largest wind power projects in India. The deal saw the Adani-Siemens partnership gain traction.

The deal resulted in the two giants collaborating on the supply and installation of wind turbines for the Fatehgarh wind farm in Rajasthan. The agreement was a welcomed addition to the portfolio of renewable energy projects the Adani Group had envisioned.

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