Reliance Industries Limited (RIL) confirmed that its first new energy giga-factory, focused on solar photovoltaic (PV) modules, is set to commence production by the end of 2024. This marks a significant step in RIL’s strategy to drive growth in its renewable energy business, aligning with its vision of supporting global clean energy transitions.
The solar PV module facility is part of a broader plan that includes various other renewable energy solutions, such as energy storage systems, green hydrogen, bio-energy, and wind. The factory’s establishment is anticipated to accelerate Reliance’s position in the global clean energy landscape.
According to the company’s Q2 report, this facility is expected to play a critical role in the comprehensive range of renewable energy solutions RIL aims to offer, making a substantial impact on sustainable energy production both in India and globally.
This information is sourced from Reliance’s latest media releases and quarterly updates.
