Adani Energy Solutions and Adani Green Energy Join the Utilities for Net Zero Alliance to Accelerate India’s Adoption of Renewable Energy
#AdaniEnergy #NetZero #RenewableEnergy #UNEZA #IRENA“Joining the Utilities for Net Zero Alliance, gives an opportunity to collaborate with global peers on advancing the sustainability goals, drive innovation and accelerate the clean energy transition. As India’s largest renewable energy player, we are committed to deliver 50 GW by 2030 and contribute 10 percent of the nation’s non-fossil fuel energy goal by that year.” - Sagar Adani, Executive Director, AGEL.
September 2024 : Adani Green Energy Ltd. (AGEL) and Adani Energy Solutions Ltd. (AESL), have announced that they have joined the Utilities for Net Zero Alliance (UNEZA). UNEZA is an international platform for enhancing the co-operation within the power and utilities sector to accelerate the adoption of renewables and overcome common barriers in the realisation of global net zero ambitions.
Operating under the guidance of the International Renewable Energy Agency (IRENA) and the UN Climate Change High-Level Champions, UNEZA was established at COP28 with the adoption of the UAE Declaration of Action. The Alliance unites leading global utilities and power companies with the aim of spearheading the development of renewable energy ready grids, promoting clean energy solutions, and advancing electrification efforts.
Both - AGEL in renewable energy and AESL in T&D sector – have become the first in their respective segments India to join this global alliance. As a member of UNEZA, AGEL will focus on areas like buildout of clean power, enhancement of energy security and improvement of energy efficiency, while AESL will redouble its efforts towards developing a reliable grid infrastructure for green energy transmission and distribution.
“Joining the Utilities for Net Zero Alliance, gives an opportunity to collaborate with global peers on advancing the sustainability goals, drive innovation and accelerate the clean energy transition. As India’s largest renewable energy player, we are committed to deliver 50 GW by 2030 and contribute 10 percent of the nation’s non-fossil fuel energy goal by that year,” Mr Sagar Adani, Executive Director, AGEL, said.
“By joining Utilities for Net Zero Alliance, AESL will be able to leverage on the experience of its global peers and in turn share its own insights into building high-capacity renewable energy evacuation networks. Given the Adani Portfolio’s ambitious renewable energy plans, it is crucial for AESL to establish reliable evacuation networks for uninterrupted renewable energy offtake,” said Mr Anil Sardana, Managing Director of AESL.
Both AGEL and AESL aim to achieve Net Zero by 2050.
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