Page 133 - CW E-Magazine (13-5-2025)

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PROJECT PROGRESS

Reliance commissions fi rst line of solar manufacturing,

targets 10-GW capacity

Reliance Industries Ltd. (RIL) has Reliance is also building 55 inte-
commissioned its fi rst line for manufac- grated compressed biogas (CBG) plants
turing of solar panels and is on track to by 2025, the presentation said. The com-
build battery storage production facilities. pany currently has 10 operational plants.
All these will help Reliance “become
The company, had in 2021, unveiled one of the world’s leading ‘Energy and
a $10-bn plan spanning renewables, Materials company’,” it added.
storage and hydrogen as it chased net known as solar panels, are devices that
zero emissions status by 2035. “First convert sunlight directly into electricity In Kandla, Reliance has 2,000 acres
line of solar PV modules (has been) using the photovoltaic effect. of land where a green hydrogen ecosys-
commissioned,” Reliance said in an tem can come. To aid green hydrogen
investor presentation post announcing The 10-GW per annum capacity production, Reliance has stitched joint
its FY25 earnings. The government has “is designed in such a way that we can ventures that will made electrolysers
mandated that from June 2026, all clean quickly jump it up to 20-GW,” Mr. V. (which are used to split water into
energy projects must use solar PV modu- Srikanth Venkatachari, Chief Financial hydrogen and oxygen using electricity).
les made from locally-produced cells Offi cer (CFO) of Reliance, said at the The company’s Reliance New Energy
with a view to cut reliance on Chinese investor call. Reliance, he said, is also subsidiary is building a $7.2-bn green
imports and boost domestic manufac- focused on 30-GWh of battery manu- energy manufacturing complex in Jam-
turing capabilities. facturing. The “20-GWh initial capa- nagar, Gujarat. The site will eventually
city (is) expandable in modular fashion”, include solar PV, battery cell and storage
Domestic solar panel manufactur- the presentation said. On renewable systems, electrolysers, raw and auxiliary
ing will help India in achieving its energy generation, it said the company materials, power electronics and semi-
broader goal of 500 gigawatts (GW) is looking at land and transmission to conductor production facilities, and an
of renewable energy capacity by 2030. generate 150-billion units of electric- R&D centre. Reliance New Energy
Reliance is building ‘giga factories’ on ity. Also, it is building a fully integrated Solar acquired REC Group in 2021 and
a 5,000-acre site at Jamnagar in Gujarat green hydrogen-to-green chemicals is leveraging the Singapore-headquar-
producing photovoltaic (PV) modules, complex at Kandla in Gujarat. It will tered solar manufacturer and materials
batteries, hydrogen electrolyser and host multi GW electrolyser manufac- company’s technology for its integrated
fuel cells. PV modules, commonly turing. solar production facilities.

RENEWABLE ENERGY
Adani Green targets 5-GW clean energy addition in FY26

Adani Green Energy has planned a Mr. Khanna said during an analyst call, Rs. 3,278-crore in the fourth quarter and
capital expenditure of $3.64-bn to add adding that the company’s fi scal 2026 18% to Rs. 12,422-crore in the fi scal year.
5-gigawatt of clean energy in the cur- capex is fully funded from a debt and
rent fi scal year, as per the company’s equity perspective. Adani Green is deve- In FY25, Adani Green added 3.3-GW
CEO Mr. Ashish Khanna. This capa- loping a 30-GW renewable energy plant of greenfi eld capacity, contributing 16%
city addition target is nearly 50% higher at Khavda in Gujarat. Meanwhile, the to the nation’s utility-scale solar and 14%
than last fi scal year. company reported a 23.5% year-on-year to wind energy additions. Greenfi eld
increase in net profi t at Rs. 383-crore additions in FY25 included 1,460-MW
“We have a comprehensive capital for the Jan-March quarter. For the fi scal of solar capacity and 599-MW of wind
management framework to fully fund year ended March 31, it posted a 59% capacity in Khavda, 1,000-MW of solar
our growth up to 50-GW by 2030 while jump in profi t at Rs. 2,001-crore. Total capacity in Rajasthan, and 250-MW of
maintaining a strict credit discipline,” income rose 15% from a year earlier to solar capacity in Andhra Pradesh.

Chemical Weekly May 13, 2025 133

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