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Business

Reliance to Produce In-House Solar PV Modules from End of This Year: Chairman Mukesh Ambani

Reliance Industries Ltd (RIL) Chairman Mukesh Ambani on Thursday said the company will begin the production of its own solar photovoltaic (PV) modules by the end of this year. RIL’s integrated solar production facilities will include modules, cells, glass, wafer, ingot, and polysilicon, with an initial annual capacity of 10 GW.

“In the following quarters, we will complete the first phase of our integrated solar production facilities,” Ambani said while addressing shareholders during Reliance’s 47th annual general meeting (AGM) on August 29.

Reliance’s giga-factory is designed for modular expansion at minimal cost and in the shortest time possible, he said.

“We have fully integrated and indigenised the HJT technology from REC Singapore, our wholly owned subsidiary, to develop 1st Gen bifacial solar panels with cell efficiency exceeding 26%. Additionally, we have significantly enhanced our R&D capabilities by establishing a state-of-the-art prototyping, testing, and validation lab in India, and we are expanding our Advanced Solar Technology Lab in Singapore,” the RIL chairman said.

He also announced that RIL has begun work on establishing a fully automated, multi-GW electrolyser manufacturing facility on the west coast of India, which will be ready by 2026. This giga-factory will be fully adaptable, capable of supporting various technologies such as Alkaline, PEM, and AEM.

“Jamnagar is the energy capital of the world. I am proud to say that by 2025, Jamnagar will also become the cradle of our New Energy business. The Dhirubhai Ambani Green Energy Giga Manufacturing Complex will be the world’s largest, most modern, modular, and integrated ecosystem at a single location,” Ambani said.

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