On Wednesday, Chairperson of Adani Group, Gautam Adani, said that by 2030 his ports-to-power conglomerate would build three Giga factories which would manufacture solar modules, Wind Turbines, and hydrogen electrolyse are included in the USD 70 billion Investment in clean energy products. Adani Group is highly ambiguous about becoming the world’s top Renewable energy producer by 2030.

After receiving the USIBC global leadership award, he stated that the Adani group has already committed USD 70 billion to build the world’s most integrated green-energy value chain. This investment would contribute to building three Giga factories.

These Giga factories would manufacture Wind turbines and hydrogen electrolysers. Other than that, the company would be manufacturing electrolysers that produce hydrogen from water, solar PV modules that will produce electricity from sunlight, and fuel cells and batteries to store energy.

Before this, Mukesh Ambani also announced investment for his fifth low-green carbon energy-based Giga factory; after the announcement, Gautama Adani unveiled his plan to shift green hydrogen.

Founded by Gautam Adani in 1988, Adani Group’s businesses include port management, renewable energy, power generation and transmission, mining, natural gas, airport operations, food processing and infrastructure. Headquartered in Ahmedabad, it has become the third Indian conglomerate to cross USD 100 billion in market capitalization.