As previously reported, Reliance Industries, which focuses on the energy, petrochemical, natural gas, and other industries, plans to invest $8.1 billion over the next three years to build giga-factories for solar, green hydrogen, energy storage, electrolyzers, and fuel cells, including an integrated PV module factory in France.
REC Solar's annual production capacity stands at roughly 1.8 GW. (Source: Reliance Energy, PR, 2 Sept., 2021) Contact: Reliance Industries,
www.ril.com; REC Solar, Singapre-based www.ril.com; REC Solar, Matt Walz, CEO, 805.471.0085, www.recsolar.com
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Ambri's patented 4-24 hour long- duration energy storage systems will break through the cost, longevity and safety barriers associated with lithium-ion batteries used in grid-scale stationary storage applications. RNESL and Ambri are also in considering a collaboration on a large-scale battery manufacturing facility in India.
Ambri caters to projects requiring from 10 MWh to over 2 GWh of energy storage systems and that are more economical than lithium-ion batteries. Ambri systems are well suited to peak times and high-usage applications, according to the release. (Source: Reliance Industries Limited, PR, 10 Aug., 2021) Contact: Ambri, www.ambri.com;
About Reliance Industries Limited, Tushar Pania,
+ 91 9820 088536, firstname.lastname@example.org,
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Of the total, 600 billion rupees will be directed to four "giga factories" to manufacture solar modules, hydrogen, fuel cells and to build a battery grid to store electricity. An additional 150 billion rupees will be invested in value chain and other partnerships.
Reliance Industries, which earns 60 pct of its $63 billion (2020) annual revenue from oil refining and petrochemicals, is a Fortune Global 500 company and India's most valuable company by market value.
(Source: Reliance Industries Ltd, 24 June, 2021) Contact: Reliance Industries Ltd., Mukesh Ambani, CEO, www.ril.com
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