Adani Solar to Expand Business Base in Kerala: Report

Adani Solar to Expand Business Base in Kerala
Adani Solar to Expand Business Base in Kerala (Image Source: Business Line)

Ahmedabad-based Adani Solar is planning to expand its business operations in Kerala, one of the southern states of India. The company aims to establish a strong presence in the state’s rapidly growing solar market.

The announcement was made on May 26, 2024, by Adani Solar’s CEO, who emphasized the company’s commitment to promoting clean energy and contributing to the country’s renewable energy goals. The CEO stated that the expansion in Kerala is a strategic move to tap into the state’s tremendous potential for solar energy and to provide sustainable energy solutions to its people.

Kerala has been witnessing a significant surge in demand for solar energy, driven by the state’s ambitious renewable energy targets and growing awareness among the public about the benefits of clean energy. Additionally, the state government has been implementing various policies and incentives to promote the adoption of solar energy.

Adani Solar’s expansion plans in Kerala include the establishment of solar power plants, rooftop solar installations, and solar manufacturing units. The company aims to leverage its expertise in the solar industry to provide innovative and cost-effective solutions to its customers.

According to the CEO, the expansion in Kerala is part of the company’s larger strategy to become a leading player in the solar industry in India and globally. Adani Solar has been actively investing in research and development to bring new and innovative products to the market. The company has a strong portfolio of solar products, including solar modules, solar cells, and solar inverters.

The expansion in Kerala is expected to create significant employment opportunities in the state, contributing to the government’s efforts to promote economic growth and development. Additionally, the establishment of solar power plants and rooftop solar installations will help to reduce the state’s dependency on fossil fuels and promote sustainable development.

Adani Solar has been a key player in the Indian solar industry, with a strong presence in various parts of the country. The company has been involved in several large-scale solar projects, including the world’s largest solar park in Gujarat. The company’s focus on innovation and sustainability has helped it to become a trusted name in the solar industry.