Reliance Industries has started pilots of its solar and battery energy storage projects in Jamnagar ahead of its start of production of 9.6 GW modules later this year.
The Mukesh Ambani-controlled conglomerate is building a gargantuan giga complex spread over 5,000 acres as part of its new energy business, with an investment of over USD 10 billion. The main components of the green energy ecosystem are the integrated solar modules, battery storage system and renewable energy feeding into the modular electrolysers that will be producing green hydrogen that will be converted by fuel cells into electricity.
The company has already prepared for the entire value chain by 10 strategic acquisitions for around USD 1.5 billion. In January, it signed an agreement with Gujarat government to secure 74,750 hectare land in for green hydrogen production. In April, it got six plots from the Deendayal Port Authority to set up units to produce green hydrogen and green ammonia. In the same month, the company was one of the bidders for the rebidding of Production-Linked Incentives (PLI) scheme for the manufacturing of 10 GWh Advanced Chemistry Cells. The company had secured PLI for ACC storage of 5 GWh in an earlier round in 2022, while it has also won PLIs for solar modules.