CURRENT AFFAIRS

Detailed explanation-1: -Gautam Adani , Asia’s richest man, announced that his ports-to-power company will construct three Giga factories to produce solar panels, wind turbines, and hydrogen electrolyzers as part of a USD 70 billion investment in sustainable energy by 2030.

Detailed explanation-2: -Adani Group to build Giga factories as part of $70 bn investment in clean energy by 2030. Asia’s richest man Gautam Adani, a ports-to-power conglomerate will build three Giga factories for manufacturing solar modules, wind turbines, and hydrogen electrolyzers.

Detailed explanation-3: -c) The Adani group plans to become the world’s largest renewable energy company by 2030; as a dominant player straddling the entire chain from manufacturing equipment, producing supply chain components as well as actual renewable power generation.

Detailed explanation-4: -Asia’s richest man Gautam Adani on Wednesday said his ports-to-power conglomerate will build three giga factories for manufacturing solar modules, wind turbines, and hydrogen electrolyzers as part of a $70 billion investment in clean energy by 2030.

Detailed explanation-5: -The new company will be called Adani New Energy Ltd (ANIL). The new company will undertake green hydrogen projects and also generate low carbon electricity.