Adani’s solar arm puts some zest into the renewable energy market as it gets featured in the 4th PV Module Reliability Scorecard report by DNV GLThe Adani Group’s solar manufacturing arm, Mundra Solar PV Limited (Adani Solar) was recently recognized as the only Indian company to feature in the 4th annual PV Module Reliability Scorecard report by DNV GL.
Outlining the reliability of PV Modules – a key component in solar energy equipment, the report presents ‘the most complete publicly available comparison’ of PV module reliability test results finalized by independent energy experts.
Published in June, the findings hold big implications for the energy arm of the Adani group, which has made significant in-roads into the renewable energy market in India.
With the project, the Adani group would look to create a sustainable market for the solar equipment industry, promote local manufacturing units and industry as well support their own solar energy projects.
Adding on the importance of quality PV modules, Ramesh Nair, Chief Executive Officer of Mundra Solar PV Limited stated, “Developers and investors should always be aware that not all manufacturers have their modules tested for quality and reliability to vouch for their product lifetime. Procuring unevaluated modules is always a risk that could have major ramifications for their projects. Adani is a committed manufacturer which has implemented state-of-the-art facility with best industry practices ensuring superior performance and reliability of its products”.
The manufacturing unit located in Mundra, Gujarat plays host to the solar manufacturing ecosystem from polysilicon to modules, and supporting utilities – making Adani Solar the first company in India to invest in the entire value chain across the spectrum of photovoltaics manufacturing and solar energy.
With burgeoning urban infrastructure and a growing and power-hungry population, India is on the brink of an energy revolution – which could tilt either towards conventional energy generation or renewable energy infrastructure. That said, India’s market stance and the current power demands warrant a smarter, cleaner and more efficient energy generation. The recognition by DNV GL and the work by Adani ought to put some sprite into the market, especially the ingenious manufacturing of solar energy equipment and change the investment stance in renewable energy.