Green Energy Giant's Fall: Adani Faces $250M Solar Bribery Scandal

India, Friday, 22 November 2024.
I’ve been following how one of the world’s wealthiest individuals, Gautam Adani, faces US federal charges for allegedly orchestrating a massive renewable energy fraud. It’s fascinating how this could reshape global green energy investments and India’s renewable future. The case reveals a complex web of alleged bribes, misleading investors, and false compliance statements - all while claiming to champion sustainable energy. What’s particularly striking is how this could impact the $70 billion renewable energy empire Adani was building. This isn’t just another corporate scandal; it’s a wake-up call for the entire green energy sector about transparency and accountability.