ACCIONA Energía to Construct India's Largest Solar Plant

Feb 15, 2024 07:47 PM ET
  • ACCIONA Energía plans to build a massive solar plant in Rajasthan, India, producing enough green electricity to power 840,000 households and reducing CO2 emissions by 724,000 tonnes annually. With Rajasthan leading in solar installations, India is on track to achieve its ambitious renewable energy goals.

Spain-based renewable energy company ACCIONA Energía has announced plans to build a 412MW solar plant in the state of Rajasthan, India. The project, which will consist of around 750,000 photovoltaic modules, is set to be commissioned by 2025. The solar farm is expected to produce approximately 800GWh of green electricity annually, enough to power 840,000 households, and will help avoid the emission of 724,000 tonnes of CO2 each year. This will be ACCIONA Energía's largest project in India, where it already operates four wind farms. The company's Social Impact Management program will support education, welfare, and environmental care programs in the local communities.

Rajasthan has the highest cumulative large-scale solar installations in India, with over 18GW by the end of 2023, representing approximately 25% of the country's cumulative utility-scale solar capacity. The state has commissioned the largest solar projects, with a total of 3,065MW out of the sanctioned projects of 9,568MW for 10 parks. Other states like Gujarat have also taken a significant share in hosting solar parks, with the highest sanctioned capacity of 12,150MW from seven state solar parks. India aims to have 500GW of renewable energy capacity by 2030, making it one of the most promising countries for renewable energy growth.

What is the significance of Rajasthan's solar installations in India's renewable energy goals?

  • Rajasthan's solar installations play a significant role in India's renewable energy goals due to their high cumulative capacity.
  • The state has the highest cumulative large-scale solar installations in India, accounting for approximately 25% of the country's utility-scale solar capacity.
  • Rajasthan has commissioned the largest solar projects, with a total of 3,065MW out of the sanctioned projects of 9,568MW for 10 parks.
  • The state's solar installations contribute to India's target of achieving 500GW of renewable energy capacity by 2030.
  • Rajasthan's solar farms help in reducing greenhouse gas emissions, with the ACCIONA Energía project alone expected to avoid the emission of 724,000 tonnes of CO2 annually.
  • The solar installations in Rajasthan contribute to the country's efforts to transition to a cleaner and more sustainable energy system.
  • The state's solar projects also create employment opportunities and support the local economy.
  • Rajasthan's success in solar installations serves as a model for other states in India to follow, encouraging further renewable energy development across the country.
  • The high capacity of solar installations in Rajasthan helps in diversifying India's energy mix and reducing dependence on fossil fuels.
  • The state's solar installations contribute to energy security and help in meeting the growing electricity demand in India.

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