MY BRAND BOOK Adani Group to build 3 giga factories by 2030

Adani Group to build 3 giga factories by 2030

By MYBRANDBOOK

Adani Group will build three giga factories to manufacture solar modules, wind turbines, and hydrogen electrolyzers as part of its $70 billion investment in clean energy by 2030.

The giga factories will extend from polysilicon to solar modules, complete manufacturing of wind turbines, and the manufacturing of hydrogen electrolyzers. The factories will help generate an additional 45 GW of renewable energy to add to Adani group’s existing 20 GW capacity, as well as 3 million tons of hydrogen by 2030.

The new giga factory for power electronics will be in addition to four giga factories announced last year for making integrated solar PV modules that will produce electricity from sunlight, electrolyzers that produce hydrogen from water, fuel cells and batteries to store energy from the grid as well as 20 GW solar energy capacity by 2025 for captive needs.

While talking at the US-India Business Council’s India Ideas Summit, Gautam Adani said, “This ($70 billion investment plan) will see us building three giga factories in India leading to one of the world's most integrated green-energy value chains.”

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