Mukesh Ambani’s Reliance Industries will start its solar photovoltaic modules factory this year, a company executive said on Thursday.
“We are today building three bigger factories… in order to produce clean energy requirements,” said Partha S Maitra, President, Strategy and Initiatives at Reliance Industries.
India has been scrambling to meet its clean energy targets after falling short in 2022.
Over the past year, the country has ramped up investments in the sector, but needs to double capacity additions over the next five years to meet its target of 500 GW non-fossil power capacity by 2030, a Global Energy Monitor report showed.
Reliance aims to eventually scale up solar module capacity to 20 GW per year, Maitra said.
Its battery and micro power electronics factory will start next year, he said.
“If it happens we will be the no. 2 solar PV producer in the world. We will produce roughly 14 per cent of total solar PV modules outside China,” the executive said.
Published on May 22, 2025
Anurag Dhole is a seasoned journalist and content writer with a passion for delivering timely, accurate, and engaging stories. With over 8 years of experience in digital media, she covers a wide range of topics—from breaking news and politics to business insights and cultural trends. Jane's writing style blends clarity with depth, aiming to inform and inspire readers in a fast-paced media landscape. When she’s not chasing stories, she’s likely reading investigative features or exploring local cafés for her next writing spot.
- ANURAG DHOLEhttps://indiatadkha.com/author/bitlancetechhubgmail-com/
- ANURAG DHOLEhttps://indiatadkha.com/author/bitlancetechhubgmail-com/
- ANURAG DHOLEhttps://indiatadkha.com/author/bitlancetechhubgmail-com/
- ANURAG DHOLEhttps://indiatadkha.com/author/bitlancetechhubgmail-com/
