Adani Solar, a subsidiary of the Adani Group, has announced plans to diversify its retail distribution business in Maharashtra with Roofsol Energy as the region’s official channel partner. Through this collaboration, Adani group hopes to quickly propagate and capitalise on Maharashtra’s renewable energy market.
The company predicts 1.5 GW opportunity in these segments in the region. Rooftop, utility-scale, residential, commercial and industrial, and solar pump customers are the primary target markets by the company.
In March 2022, Smart Power India, the Indian subsidiary of the Rockefeller Foundation signed a non-financial and non-commercial memorandum of understanding (MoU) with Adani Solar. The MoU seeks to ensure equitable access to last mile electricity and encourage energy transition in the rural areas of Uttar Pradesh, Bihar, Jharkhand, and Odisha.