India to create world’s biggest renewable energy hub

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The Adani Group is going to build the world’s largest renewable energy manufacturing hub in Mundra city, India’s Gujarat, which will house production units of almost all things that go into green energy generation facilities, including polysilicon, ingots, wafers, cells, solar modules and even wind turbines, senior officials from Adani Solar said, Report informs referring to Money Control.

 

Besides, the group is also going to manufacture all the ancillaries needed in the production of the above-mentioned items at the same location, Mundra. Ancillaries for which the company is setting up production units include glass, ethylene vinyl acetate (EVA) films, backsheet and aluminum frames, all used in solar panels.

 

“It is going to be the world's first and only vertically, and if I may use the word, horizontally integrated ecosystem for solar manufacturing. Besides, our sister company Adani Wind is also going to expand its wind turbine manufacturing capacity from the current 1.5 GW to 5 GW at Mundra itself. Even China does not have manufacturing of all the ancillaries and the fully integrated ecosystem at one place,” Rahul Bhutiani, head of sales and marketing, Adani Solar, told Moneycontrol.

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