Reliance Industries strategies and initiatives Parth P Maitra said, “We are building three big factories today to create clean energy needs.”
India is shouting to fulfill its clean energy target after falling short in 5.
Over the past year, the country has increased investment in this sector, but by 2030, GW must increase capacity in the next five years to meet the target of non-life energy capacity, the World Energy Monitor report said.
The aim of Reliance is to eventually increase the solar module capacity to 20 GW per year, said Maitra.
His battery and micro power electronics factory will start next year, he said. “If this happens, we are not the world’s 2 solar PV manufacturers. We will produce approximately 14% of the total solar PV modules outside China,” the executive said.
.
