Ports-to-power conglomerate Adani Group will build three giga factories to manufacture solar modules, wind turbines, and hydrogen electrolyzers as part of its $70 billion investment in clean energy by 2030.
“This ($70 billion investment plan) will see us building three giga factories in India leading to one of the world’s most integrated green-energy value chains,” Asia’s richest man Gautam Adani said while talking at the US-India Business Council’s India Ideas Summit. The giga factories will “extend from polysilicon to solar modules, complete manufacturing of wind turbines, and the manufacturing of hydrogen electrolyzers,” he said.
The factories will help generate an additional 45 GW of renewable energy to add to Adani group’s existing 20 GW capacity, as well as 3 million tons of hydrogen by 2030.