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New Delhi, Oct 4 (PTI): Having achieved the initial target of 25 Giga Watt renewable portfolio four years ahead of schedule, the Adani Group now plans to triple its solar power generation capacity in the next four years.<\/p>\n
Speaking at the inaugural session of the \u2018TiE Sustainability Summit 2021\u2019 themed, \u201cWhere entrepreneurship meets sustainability\u201d, Gautam Adani said over the next decade, his group would invest over USD 20 billion in renewable energy generation.<\/p>\n
\u201cWhile these scenarios emerge, the Adani Group is not sitting still. We are tripling our solar power generation capacity over the next four years. This is a rate of growth currently unmatched by any other company anywhere on the planet,\u201d he said in his address.<\/p>\n
The overall investments, both organic and inorganic, across the entire green energy value chain would range between USD 50 and USD 70 billion.<\/p>\n
This would include investments with potential partners for electrolyzer manufacturing, backward integrations to secure the supply chain for solar and wind generation businesses, and AI-based industrial cloud platforms, he said.<\/p>\n
\u201cOur renewables portfolio has reached the initial target of 25 GW a full four years ahead of schedule. Today, we are already the world\u2019s largest solar power player. This puts us well on track to be the world\u2019s largest renewable power generating company by 2030,\u201d Adani further said.<\/p>\n
According to him, the revolution in alternative energy technologies throws open the possibility of India someday becoming a net green energy exporter even as Hydrogen and its derivatives can replace a significant amount of the country\u2019s imports of crude oil, natural gas and coal.<\/p>\n","protected":false},"excerpt":{"rendered":"
New Delhi, Oct 4 (PTI): Having achieved the initial target of 25 Giga Watt renewable portfolio four years ahead of schedule, the Adani Group now plans to triple its solar power generation capacity in the next four years. Speaking at the inaugural session of the \u2018TiE Sustainability Summit 2021\u2019 themed, \u201cWhere entrepreneurship meets sustainability\u201d, Gautam […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":{"0":"post-173404","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-national"},"_links":{"self":[{"href":"https:\/\/arunachaltimes.in\/index.php\/wp-json\/wp\/v2\/posts\/173404","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/arunachaltimes.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/arunachaltimes.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/arunachaltimes.in\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/arunachaltimes.in\/index.php\/wp-json\/wp\/v2\/comments?post=173404"}],"version-history":[{"count":0,"href":"https:\/\/arunachaltimes.in\/index.php\/wp-json\/wp\/v2\/posts\/173404\/revisions"}],"wp:attachment":[{"href":"https:\/\/arunachaltimes.in\/index.php\/wp-json\/wp\/v2\/media?parent=173404"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/arunachaltimes.in\/index.php\/wp-json\/wp\/v2\/categories?post=173404"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/arunachaltimes.in\/index.php\/wp-json\/wp\/v2\/tags?post=173404"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}