HomeTech newsAdani Group: Gautam Adani to invest $100 billion in new energy and...

Adani Group: Gautam Adani to invest $100 billion in new energy and data centers business

Adani Group Big Plan: Adani Group Chairman Gautam Adani has informed today that Adani Group is going to invest 100 billion US dollars in the next 10 years. This investment will be mainly done in the digital sector including new energy and data centers. According to the Bloomberg Billionaire Index, Gautam Adani, the world’s third richest person, said that 70 percent of this investment will be done in the energy transition sector.

Adani Group to set up three factories
Adani Group, involved in the shipping port to energy business, will produce 45 GW of hybrid renewable energy in the coming days. Apart from this, three factories will be set up to make solar panels, air turbines and hydrogen electrolysers.

Gautam Adani announced at the Forbes Global CEO Conference
Gautam Adani, Founder and Chairman of Adani Group, said at the Forbes Global CEO Conference, “As a group, we will be investing more than $100 billion in capital over the next decade (over 10 years). We have invested 70 per cent of this investment in energy. The conference was organized in Singapore. Gautam Adani said, “In addition to our existing 20 GW portfolio, the new business will be fueled by 45 GW hybrid renewable power generation. The enterprise is spread over 100,000 hectares of land, which is 1.4 times the area of ​​Singapore. This will lead to commercialization of 30 million tonnes of green hydrogen.

Know about the three factories to be set up by the Adani Group
The group will also set up three Giga factories – (1) for a 10 GW silicon-based photovoltaic value-chain, integrating from raw silicon to solar panels. (2) 10 GW integrated wind turbine manufacturing plant and (3) five GW hydrogen electrolyser factory. “Today we are the least expensive producer of Green Electron, and we will also produce Green Hydrogen at the lowest cost,” he said.

Indian data center market is growing rapidly: Gautam Adani
Gautam Adani further said, “The Indian data center market is growing rapidly. This field consumes more energy than any other industry in the world and hence our move to build green data centers is a huge change.” He said that India is full of incredible opportunities and the story of real India’s growth is just beginning. Commenting on China, Adani said that once a leader in globalization, this country is now facing challenges.

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