<p>Billionaire Gautam Adani on Monday said his infrastructure conglomerate will invest between $50-70 billion in organic and inorganic growth opportunities across the entire energy value chain over the next decade.</p>.<p>Speaking at an industry event, he said the port-to-energy group will invest over $20 billion in renewable energy generation alone.</p>.<p>"Over the next decade, we will invest over $20 billion in renewable energy generation. Our overall organic and inorganic investments across the entire green energy value chain will range between $50 billion and 70 billion," he said.</p>.<p>This will include investments with potential partners for electrolyzer manufacturing, backward integrations to secure the supply chain for our solar and wind generation businesses, and AI-based industrial cloud platforms.</p>.<p>He however did not give details of the areas where the investment will be made.</p>.<p>"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," he said.</p>.<p>Stating that the group's renewables portfolio has reached the initial target of 25GW a full four years ahead of schedule, he said the conglomerate already is the world's largest solar power player.</p>.<p>"This puts us well on track to be the world's largest renewable power generating company by 2030," he said.</p>.<p>Adani said last year he had seen India becoming a $28 trillion economy over the next three decades.</p>.<p>By 2050, India's per capita income will expand from about one-thirtieth of that of the US to one-third of the US.</p>.<p>"I fundamentally believe the Indian economy is still to hit its inflexion point of decades of double-digit growth. Therefore, I now think I may have understated my 2050 GDP projection of $28 trillion," he said.</p>.<p>He said the global effort to combat climate change will result in the creation of opportunities equal to trillions of dollars of investments.</p>.<p>These will include next-generation high-efficiency solar panels, low carbon materials that make the largest offshore wind turbines affordable, mainstreaming of carbon capture technologies, various fit-for-purpose battery technologies, algorithm-driven smarter and distributed grids, electric mobility, and hydrogen-related technologies.</p>.<p>Of all these technologies, today, solar is the fastest-growing source of power.</p>.<p>"I would even go as far as to state that the revolution in alternative energy technologies throws opens the possibility that someday India can become a net green energy exporter," he said adding hydrogen and its derivatives can replace a significant amount of India's imports of crude oil, natural gas, and coal. '</p>.<p><strong>Check out DH's latest videos:</strong></p>
<p>Billionaire Gautam Adani on Monday said his infrastructure conglomerate will invest between $50-70 billion in organic and inorganic growth opportunities across the entire energy value chain over the next decade.</p>.<p>Speaking at an industry event, he said the port-to-energy group will invest over $20 billion in renewable energy generation alone.</p>.<p>"Over the next decade, we will invest over $20 billion in renewable energy generation. Our overall organic and inorganic investments across the entire green energy value chain will range between $50 billion and 70 billion," he said.</p>.<p>This will include investments with potential partners for electrolyzer manufacturing, backward integrations to secure the supply chain for our solar and wind generation businesses, and AI-based industrial cloud platforms.</p>.<p>He however did not give details of the areas where the investment will be made.</p>.<p>"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," he said.</p>.<p>Stating that the group's renewables portfolio has reached the initial target of 25GW a full four years ahead of schedule, he said the conglomerate already is the world's largest solar power player.</p>.<p>"This puts us well on track to be the world's largest renewable power generating company by 2030," he said.</p>.<p>Adani said last year he had seen India becoming a $28 trillion economy over the next three decades.</p>.<p>By 2050, India's per capita income will expand from about one-thirtieth of that of the US to one-third of the US.</p>.<p>"I fundamentally believe the Indian economy is still to hit its inflexion point of decades of double-digit growth. Therefore, I now think I may have understated my 2050 GDP projection of $28 trillion," he said.</p>.<p>He said the global effort to combat climate change will result in the creation of opportunities equal to trillions of dollars of investments.</p>.<p>These will include next-generation high-efficiency solar panels, low carbon materials that make the largest offshore wind turbines affordable, mainstreaming of carbon capture technologies, various fit-for-purpose battery technologies, algorithm-driven smarter and distributed grids, electric mobility, and hydrogen-related technologies.</p>.<p>Of all these technologies, today, solar is the fastest-growing source of power.</p>.<p>"I would even go as far as to state that the revolution in alternative energy technologies throws opens the possibility that someday India can become a net green energy exporter," he said adding hydrogen and its derivatives can replace a significant amount of India's imports of crude oil, natural gas, and coal. '</p>.<p><strong>Check out DH's latest videos:</strong></p>