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Adani Says Total Green Investments to Top $50 Billion by 2030

  • Renewable energy target achieved four years before schedule
  • Group will triple solar energy power generation in four years

Adani Group, the ports-to-power conglomerate founded by billionaire Gautam Adani, estimates it would have invested $50 billion to $70 billion across its green energy value chain as it aims to become the world’s top renewable energy producer by 2030.

That would include a fresh $20 billion over the next decade, for areas such as electrolyzer manufacturing, backward integration plans to secure the supply chain for solar and wind generation businesses, and AI-based industrial cloud platforms, Adani, Asia’s second-richest person, said at a virtual summit Monday.