According to news on March 8, Karan Adani (Karan Adani), the son of Adani Group Chairman Gautam Adani (Gautam Adani), said at a recent global investor summit held in India that the Adani Group has Agreed to develop 15GW of renewable energy in Andhra Pradesh in the next few years.
Adani, who is also the chief executive officer of Adani Ports and Special Economic Zone (APSEZ), said the group will set up the projects in several areas, in addition to plans to develop a 400MW data center project in Visakhapatnam.
It is also reported that at the Global Investor Summit held in Andhra Pradesh, in addition to the 15GW of renewable energy projects promised by Adani, India's Reliance Industries Group also stated that it will invest in 10GW of solar energy projects.
The data shows that Andhra Pradesh, India has a huge renewable energy space of 82.5GW, and it is one of the few regions in India with potential for solar, wind and pumped storage.
It is understood that Adani Group is the largest infrastructure company in India, and its business scope involves power generation and transmission, coal and other energy mining fields. In recent years, the group has begun to enter the fields of renewable energy, airports, data centers and national defense. The actual controller of the group is Gautam Adani, the new richest man in India. In September last year, under the surge of Adani's stock price, the company The actual controller Adani once became the second richest man in the world after Tesla CEO Musk.
Adani Group has entered the renewable energy field on a large scale in the past two years. The group plans to reach 45GW of renewable energy project capacity in 2030, and plans to invest 20 billion US dollars in the development of renewable energy projects in the next ten years.
At present, Adani Group is mainly engaged in the photovoltaic module business in the photovoltaic field. It is the top 5 solar module supplier in India. At the end of last year, it announced that it would start the construction of 30,000 tons of polysilicon and 500 tons of monosilane through its subsidiary Engineers India Limited (EIL). Started to carry out integrated expansion to the upstream of photovoltaics,
In addition, the group also plans to establish 2GW of silicon ingot and silicon wafer production capacity by December 2023, and have an integrated production capacity of 10 GW of polysilicon to solar modules by 2025. Currently, the group already has cell and module production lines.