Reliance Industries Leading India's Green Revolution with Solar and Hydrogen Investments
Key Ideas
- Reliance Industries has commissioned its first line for manufacturing solar panels and is progressing towards establishing battery storage production facilities to achieve net zero emissions by 2035.
- The company is investing in giga factories in Gujarat for producing photovoltaic modules, batteries, hydrogen electrolyser, and fuel cells, with plans for rapid expansion.
- Reliance is also focusing on battery manufacturing, aiming for 30 GWh capacity with plans for modular expansion. Additionally, it is building a green hydrogen complex in Kandla and several integrated compressed biogas plants.
- Through strategic investments and green energy initiatives, Reliance aims to become a global leader in the energy and materials sector, emphasizing sustainability and domestic manufacturing.
Reliance Industries Ltd, a major conglomerate in India, is taking significant steps towards green energy and sustainability. The firm has commissioned its first line for manufacturing solar panels and is moving forward with plans to establish battery storage production facilities as part of a $10-billion investment in renewables, storage, and hydrogen. By 2035, Reliance aims to achieve net zero emissions. The company is building 'giga factories' in Gujarat for producing photovoltaic modules, batteries, hydrogen electrolyser, and fuel cells, with a focus on modular expansion. Reliance is also concentrating on battery manufacturing, targeting a 30 GWh capacity. Additionally, it is constructing a green hydrogen complex in Kandla and multiple compressed biogas plants. These endeavors align with India's renewable energy goals, including reaching 500 GW of renewable energy capacity by 2030. Through these initiatives, Reliance aims to position itself as a leading 'Energy and Materials company' globally. The company's focus on sustainable practices and domestic manufacturing reflects its commitment to green technology and the energy transition.