Adani Group Announces $100 Billion Green Energy Investment

The Adani Group is set to invest a total of $100 billion over the next ten years as it shifts towards green energy. Five of its group companies—Ambuja Cements, Adani Green Energy, Adani Energy Solutions, Adani Ports and Special Economic Zone, and ACC—have committed to achieving carbon neutrality by 2050.

The Adani Group plans to establish three gigafactories for the production of solar panels (10 GW), wind turbines (10 GW), and hydrogen electrolyzers (5 GW). Furthermore, Adani aims to expand its renewable energy portfolio to 45 GW.

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The group is actively engaged in the development of hydrogen fuel cell electric trucks and the establishment of a green hydrogen ecosystem in India. In addition, they have pledged to plant 100 million trees by 2030 to support decarbonization efforts. The five group companies are proactively adopting renewable energy solutions, electrifying operations, and incorporating biofuels. 

About Adani Green Energy

Adani Green Energy Limited (AGEL) is a leading renewable energy company in India, boasting a massive project portfolio of over 20,434 MW. Adani green energy is involved in the development, construction, ownership, operation, and maintenance of utility-scale grid-connected solar and wind farm projects. Some of the projects include:

• Kamuthi Solar Power Project (648 MW)
• Jaisalmer Wind Farm (600 MW)

About Adani Energy Solutions

Adani Energy Solutions (formerly Adani Transmission Ltd.) is a major player in the Indian power sector, particularly in the transmission and distribution segments. Here's a quick overview:They own and operate high-voltage AC and DC transmission lines and substations across various regions.

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