A large boosting of Market mind: Adani takes on Ambani in renewable energy after a statement in clean energy hydrogen and so many with $20Billion investment by Adani group.
Adani Group Chairman Gautam Adani has announced an investment of $ 20 billion in the coming 10 years in renewable energy generation in the generation of Green Energy Originals.
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In this investment, renewal energy-making part manufacturing will also made with low cost. Under this, Adani Group has a plan to make the world’s cheapest green energy system, as well as Adani Group will also convert its all port with renewable sources in the coming time.
Adani Group has plans to increase its hydrogen renewable energy source by 3 times in the coming time in about 4 years and also plans to make its entire port system carbon zero by 2025. He is also going to use new technology in his port system.
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Adani said over the next two decades, India will have the biggest and youngest middle class that has ever existed.
Over the next decade it will be among the world’s top four countries in terms of market capitalization.
“Adani Group Chairman in his speaking at JP Morgan India University Sumit said that Adani Group is going to invest $20 billion in renewable energy generation in the upcoming 10 years, under this, it will make its entire system in to hydrogen and another clean energy system for the coming future.”
Adani Group Chairman said that Adani Group is already working with Green Energy last three year with Solar Energy as the world’s largest Renewable Energy Systems Company and will come in the coming years of high amount sources.
He said no company in the world is building a renewable power portfolio on the scale the Adani group is doing.
The group currently has 4,920 MW of operational renewable energy generation capacity and another 5,124 MW under execution.
It has a confirmed pipeline of 9,750 MW and another 4,500 MW where it is likely to win contracts.
This big announcement comes after a statement given by the Reliance chairmain mukesh ambani speech.
‘Mukesh Ambani said in his statement that RIL will invest $10 billion for the upcoming renewable green energy system and sources to deliver the cheapest energy for all person ‘
Ambani said hydrogen uses as USD 1 per kilogram in a decade’s time. no carbon emissions.