Adani Portfolio: At Adani Green Energy, the magic word is ‘hybrid’ Adani Portfolio: Adani Green turned water-positive for all 200MW+ plants AT ADANI GREEN ENERGY LIMITED, THE FUTURE LIES IN A RESPONSIBLE MIX OF HYBRID ENERGY PROJECTS. These projects are neither singularly solar or wind; they represent a prudent mix of both on a given land area. This prudent combination is designed to make a more efficient land utilisation and generate a superior financial return on investment. Besides, the plant harnesses the potential of renewable energy by resolving intermittency of generation with a reliable solution. The concept is no longer theory; it has been implemented. AGEL implemented its fourth such property - a 700 MW wind-solar hybrid plant at Jaisalmer in Rajasthan, designed to deliver a minimum CUF of 50% (highest in India) and a Power Purchase Agreement at H3.24/kwh for 25 years. The hybrid plant deployed advanced renewable technologies like bifacial solar PV modules and horizontal single-axis trackers systems to maximise electricity generation from solar energy. With this, AGEL’s operating wind-solar hybrid portfolio has now reached 2,140 MW, continuing to be the largest in the world. SOLAR ENERGY GENERATION WARRANTS THE PERPETUAL CLEANING OF SOLAR MODULES WITH WATER. In view of this, responsible water management is integral to solar energy generation. AGEL embarked on a comprehensive analysis of the water application method, quantity of water used and the periodicity of cleaning. The Company introduced robotic module cleaning systems and implemented process improvements. The Company was certified ‘water positive’ by DNV, an independent global assurance agency – indicating that AGEL’s water conservation is higher than consumption. This assessment - qualitative and quantitative - of water balance index for AGEL’s operational sites greater than 200 MW capacity in Tamil Nadu, Rajasthan, Karnataka, Gujarat, and Andhra Pradesh, indicated that the Water Balance Index was 1.12 (positive), surpassing the Company’s target to become Net Water Neutral by FY 2024-25. The verification signified that AGEL’s water conservation was greater than consumption for FY 2022-23, aligning with the UN Sustainable Development Goal 6. Besides, AGEL had a 99.5% lower freshwater consumption per unit of With the commissioning of the 700 MW plant, the world’s largest wind- solar hybrid power plant, AGEL now has the largest operating renewable portfolio in India with 8,024 MW. For better tomorrows. generation as against 3.5 KL/MWh statutory limit for thermal power in FY 2022-23. The result is that more solar energy is generated with declining water consumption per generated unit. As an extension, AGEL was ranked first in Asia and among the top 10 companies globally in the renewable energy sector by ISS ESG (a step closer to achieving the target of being rated among the top 10 ESG companies in the world in the electric utility sector by FY 2024- 25), based on approximately 100 environmental, social, and governance-related indicators for each rating. ESG Report 2022-23 75 74 Adani Group