Adani Group plans to generate an additional 45 gigawatt (GW) of renewable energy to add to its existing 20 GW capacity, along with three million tonnes of hydrogen before 2030, said Chairman, Gautam Adani. “There has been a lot of talk about the developed nations supporting the developing nations but far more needs to be done, urgently, in terms of partnering in this space. Cooling the planet down, equitably, is necessary and can be one of the most profitable businesses over the next several decades,” Adani added in his speech after receiving from the USIBC Global Leadership
Award. The Group has already committed $70 billion to this effort and will be building three giga factories in India leading to one of the world’s most integrated green-energy value chains. Adani added that this would extend from polysilicon to solar modules, manufacturing of wind turbines and hydrogen electrolysers.
“This will result in the generation of an additional 45 GW of renewable energy to add to our existing 20 GW capacity, as well as three million tonnes of hydrogen – all of which will be completed before 2030,” he said. He added that this value chain will be fully indigenous and aligned with the geopolitical needs of India.
Apart from this he also spoke about the area of semiconductors. He said that India’s semiconductor industry is a classic example with more engineers deployed in India than anywhere else in the world, and yet, India has no semiconductor plant.
“India cannot remain dependent on global supply chains that are based on semiconductor nationalism and will need US support with technology transfer,” he added. Adani in speech also said that defence and cyber sectors are critical areas that the US and India must work on.
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