Reliance Industries, under the leadership of Mukesh Ambani, is making substantial investments in a giga complex spread over 5,000 acres in Jamnagar for its new energy business. The conglomerate is focusing on green energy, including renewable energy and new energy sources like hydrogen. The company is currently piloting solar and battery energy storage projects as a precursor to the production of 9.6 GW modules later in the year. The integrated solar modules, battery storage systems, and renewable energy will contribute to the production of green hydrogen through modular electrolysers and fuel cells. The company has strategically positioned itself in the green energy sector, making 10 acquisitions worth approximately $1.5 billion. Reliance Industries has also secured land agreements with the Gujarat government for green hydrogen production and obtained plots from the Deendayal Port Authority for setting up units to produce green hydrogen and green ammonia. Furthermore, the company has actively participated in schemes like the Production-Linked Incentives for the manufacturing of Advanced Chemistry Cells, solidifying its presence in the evolving energy landscape. With the new energy business valued at $20 billion by Nuvama Research, Reliance Industries is poised for significant growth and a positive impact on its overall sales. The company's expansion into green energy signifies a strategic shift towards sustainability and innovation, aligning with the global focus on renewable energy sources and environmentally friendly practices.