Reliance Will Launch 1st Solar GigaFactory In 2025

Reliance Solar Giga Factory

Reliance Industries, India’s leading conglomerate, is set to revolutionize the country’s energy landscape. Reliance company plans to commission its first solar giga-factory by March 2025, marking a significant stride towards its net zero carbon emissions goal by 2035.

This huge facility will manufacture everything from solar panels to batteries. This makes Reliance a key player in India’s green energy transition. The Reliance Solar Giga Factory aims to produce 20 gigawatts (GW) of solar power by 2025 and double this capacity by 2026. Additionally, Reliance is developing sodium-ion batteries and plans to pilot lithium-ion battery production.

India’s heavy reliance on fossil fuels has led to high electricity costs. Reliance believes that solar power is the answer. By investing heavily in renewable energy, the company aims to reduce India’s dependence on imported fossil fuels and create a more sustainable future.

Also Read: Positive and Negative Impacts of Technology

With a target of 100 GW of renewable energy capacity by 2030. Reliance is poised to become a global leader in clean energy. This ambitious plan will not only accelerate India’s progress towards its climate targets. It also creates significant job opportunities and stimulates economic growth.

Also Read: Positive and Negative Impacts of Budget 2024