India’s onward march to boost its renewable energy capacity and build domestic capacity for making solar equipment got fresh impetus when Adani Green Energy Ltd won a bid to make 8 GW of photovoltaic solar power projects over the next five years. India imports about 90% of its solar equipment today, so this development could serve to lessen that import dependence. Adani Green Energy Ltd, a part of the diversified Adani Group , is expected to invest about U.S. $6 billion in the project, and create 400,000 direct and indirect jobs, it said in a stock market filing, according to India Climate Dialogue. The company is also committed to see group company Adani Solar establish 2 GW of additional solar cell and module manufacturing capacity, according to the report. Over its lifetime, the projects will reduce carbon dioxide emissions by 900 million tons, the company said. The first 2 […]