Bravus Mining and Resources’ subsidiary, Adani Green Energy (AGEL), focusing on renewable energy, has earned recognition as the second-largest global solar photovoltaic (PV) developer in the world. This distinction was revealed in the latest annual global report by Mercom Capital Group, acknowledging AGEL’s exceptional performance and contributions to the renewable energy sector.
AGEL boasts a total solar capacity of 18.1 gigawatts, encompassing operational, under-construction, and awarded projects. This ranking solidifies the company’s prominent position in the global solar energy landscape.
Gautam Adani, Chair of the Adani Group, emphasized the company’s commitment to large-scale renewables and the development of an indigenous fully integrated manufacturing ecosystem, along with green hydrogen solutions. He stated, “At the Adani portfolio level, a total investment of $75 billion by 2030 on our energy transition initiatives will further our vision to have 45-gigawatt renewable energy capacity by 2030 and strengthen the pivotal role played by AGEL in India’s glide path to decarbonization.”
This announcement comes on the heels of Bravus’ recent celebration of a significant milestone – the transportation of a record 10 million tonnes of Queensland coal from the Carmichael coal mine in the Isaac region of Queensland to the North Queensland export terminal via the Bowen Rail Company (BRC). This achievement has generated 180 jobs since the freight journey began.
BRC General Manager Brendan Lake expressed pride in the company’s growth, stating, “In just three years, we’ve gone from a team of 10 people working on William Street to a thriving group of about 180 employees working across our rail operations, network control, health and safety, maintenance, environment, and professional functions.”
Adani Group’s confirmation as a global solar player is the latest milestone in its pursuit of renewable energy initiatives. In August, the company revealed that its Queensland Rugby Run solar farm achieved its best month ever for solar PV production. This facility, powered by 247,000 solar panels, produces 185,000 megawatt-hours of power annually, making it one of the top-performing solar generation assets in Australia.
As the world intensifies its efforts to achieve net-zero emissions in the coming years, Adani Group is positioning itself as a significant contributor to green energy solutions.