Indian billionaire Gautam Adani visits China amid US legal challenges to boost renewables
The visit to a solar module manufacturer highlights Adani’s efforts to sustain momentum in renewable energy despite increased international scrutiny
The visit, including to a solar module maker, underscores Adani’s continued efforts to maintain momentum in renewables even as he faces heightened scrutiny abroad. Sagar Adani, who oversees the green arm of the conglomerate’s sprawling empire, accompanied his uncle on the trip, according to a social media post by one of the companies he visited.
The trip to China could signal a renewed push for international engagement as Gautam Adani tries to shake off controversies, from US legal troubles to investor concerns about corporate governance practices, following a bruising short-seller report in early 2023.
The Adani Group has denied the claims, though both Gautam and Sagar have curtailed their international travel since the indictment was announced.
The Indian conglomerate is building one of the largest renewable energy parks – five times the size of Paris – near India’s western coast with solar panels and wind turbines.