CHENNAI : Reliance Industries Ltd will invest 750 billion Indian rupees ($10.10 billion) in a new energy business over the next three years, Chairman Mukesh Ambani told the company’s annual general meeting on Thursday. Reliance will build solar manufacturing units, a battery factory for energy storage, a fuel cell-making factory and an electrolyzer unit to […]
India set to cross 100GW renewable energy capacity mark in 2020
India’s installed renewable energy generation capacity touched around 86GW by November-end. This includes solar, wind, small hydro, biomass, waste to energy and others. India is all set to cross the 100GW renewable energy capacity mark in 2020 and can make rapid strides towards the ambitious 175GW clean energy target by 2022 provided the government keeps […]
Need to focus on grid-connected storage policy for investment in battery technology: Experts
Power sector experts Thursday stressed the need for announcing a 100 GW grid-connected storage programme that will help India attract investments in battery technology space. The views came forth at a conference in the national capital. The experts and industry players were on the same page for India taking lead over other countries in setting […]