- Giga-Factory Launch: Reliance Industries plans to launch its first solar giga-factory by March 2025, with a phased scaling up to 20 GW capacity by 2026. The facility will produce all key components of solar PV systems.
- Expansion Plans: Beyond solar PV, Reliance is set to industrialize sodium-ion cell production in 2025 and pilot a 50 MWh lithium battery cell production in 2026. The company’s $10 billion investment plan aims to achieve 100 GW of renewable energy capacity by 2030.
- Strategic Goals: Reliance is targeting the establishment of four giga-factories in Jamnagar for renewable equipment, battery storage, fuel cells, and hydrogen. The firm plans to set up a cell-to-pack facility with a 50 GWh capacity by FY27.
- Economic Impact: Reliance underscores the need for stable, cost-efficient green power to support India’s growth and economic ambitions, aiming to reduce reliance on fossil fuels and imports while enhancing local supply chains.
Source: Financial Express