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Reliance Bids For Incentives Under Battery Scheme – EQ Mag Pro

India last year finalized an incentive program to encourage companies to invest in the local manufacturing of batteries as it looks to establish a domestic supply chain for clean transport and build storage for renewable energy. Indian conglomerate Reliance Industries, South Korea’s Hyundai Motor Co and automaker Mahindra & Mahindra are among companies that have […]

Coal Ministry CPSE’s Clock 28.33% Growth in Capex – EQ Mag Pro

Reliance becomes promoter in SWREL, holds over 40% stake – EQ Mag Pro

NEW DELHI : Sterling and Wilson Renewable Energy Ltd (SWREL) on Monday said that Reliance New Energy Solar Ltd (RNESL) has become its promoter post payment of balance Rs 1,583 crore for acquisition of 25.90 per cent equity in it. With this transaction, RNESL and other group firms together hold over 40 per cent stake […]

Saudi Arabia and Iraq sign agreement to connect electricity grids – EQ Mag Pro

Saudi Aramco looks to invest in Reliance New Energy Solar: Report – EQ Mag Pro

Saudi Aramco and other investors have shown initial interest in investing in Reliance’s clean energy unit.Saudi Aramco and other investors have shown initial interest in investing in Reliance’s clean energy unit. Saudi Aramco is reportedly looking to invest in Reliance New Energy Solar Limited after both firms had earlier announced the scrapping of $15 billion […]

Saudi Arabia and Iraq sign agreement to connect electricity grids – EQ Mag Pro

Reliance Industries recasts Jamnagar unit to grow in hydrogen space – EQ Mag Pro

The refinery off-gases produced from this project earlier served as fuel Reliance Industries’ (RIL) hiving off its Jamnagar gasification project into a wholly-owned subsidiary is a step towards its plans to grow in the hydrogen space. This gasification project at Jamnagar was set up to produce syngas to meet the energy requirements of RIL’s crude […]

IEEFA Update: Financing the future of green hydrogen – EQ Mag Pro

Reliance buys REC Solar for $771 million

NEW DELHI : India’s Reliance Industries Ltd on Sunday announced acquisition of REC Solar Holdings for an enterprise value of $771 million from China National Bluestar (Group) Co Ltd as it seeks to become net carbon zero by 2035. The purchase of the Norwegian solar panel maker by the conglomerate’s Reliance New Energy Solar Ltd […]

EKI Energy Services Ltd. bags contract as carbon credit service provider from Indore Smart City Development Ltd. (ISCDL) for the latter’s aggregator business model – EQ Mag Pro

Reliance Aims At 100 GW Renewable Energy By 2030, Bring Hydrogen Cost Under $1: Mukesh Ambani – EQ Mag Pro

Reliance Industries will by 2030 create or enable capacity to generate at least 100 gigawatts of electricity from renewable sources, which can be converted into carbon-free green hydrogen. NEW DELHI : Reliance Industries will by 2030 create or enable capacity to generate at least 100 gigawatts of electricity from renewable sources, which can be converted […]

EKI Energy Services Ltd. bags contract as carbon credit service provider from Indore Smart City Development Ltd. (ISCDL) for the latter’s aggregator business model – EQ Mag Pro

Reliance Aims At 100 GW Renewable Energy By 2030, Bring Hydrogen Cost Under $1: Mukesh Ambani – EQ Mag Pro

Reliance Industries will by 2030 create or enable capacity to generate at least 100 gigawatts of electricity from renewable sources, which can be converted into carbon-free green hydrogen. NEW DELHI : Reliance Industries will by 2030 create or enable capacity to generate at least 100 gigawatts of electricity from renewable sources, which can be converted […]

Masdar and W Solar Investment form joint venture company to develop renewable energy projects – EQ Mag Pro

Reliance Nears Deal to Acquire Solar Panel Maker REC For $1.2 Billion From ChemChina – EQ Mag Pro

Mukesh Ambani-controlled Reliance Industries (RIL) is in discussion with global banks to raise about $500-600 million in acquisition financing for the deal, while the rest will be funded via equity. New Delhi : Billionaire Mukesh Ambani-controlled Reliance Industries (RIL) is poised to acquire Norwegian solar module maker REC Group for $1-1.2 billion from China National […]

Saudi Arabia and Iraq sign agreement to connect electricity grids – EQ Mag Pro