RIL Unveils Solar and Battery Storage Projects in Jamnagar

Reliance Industries (RIL) has launched pilot projects for solar energy and battery storage in Jamnagar, marking a significant step toward its green energy goals. These initial projects pave the way for the company’s ambitious plan to produce 9.6 GW of solar modules later this year. This move is part of a larger strategy to establish a sprawling giga complex over 5,000 acres, with an investment exceeding $10 billion.

The Mukesh Ambani-led conglomerate has been preparing for this expansion by making substantial investments in its new energy sector. While RIL’s consumer-focused ventures, such as retail and digital, continue to grow steadily, the company is now setting its sights on transforming the green energy landscape.

The new energy ecosystem will feature integrated solar modules, advanced battery storage systems, and renewable energy technologies, including green hydrogen production through modular electrolyzers and fuel cells. This approach reflects RIL's comprehensive strategy to control the entire value chain of green energy.

To support these efforts, RIL has made ten strategic acquisitions totaling around $1.5 billion, including land agreements and the acquisition of plots for green hydrogen production. The company’s green energy business is valued at $20 billion by Nuvama Research, highlighting its significant role in RIL’s future growth.

News by Rahul Yelligetti