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What is the story about?
Reliance Industries Ltd
(RIL) said it is on track to commission its fully integrated solar manufacturing giga factory with an initial annual capacity of 10 gigawatt-peak (GWp), even as it accelerates work across the renewable energy value chain, according to its Q3 earnings release.
The Mukesh Ambani-led conglomerate said it plans to further scale the solar manufacturing capacity to 20 GWp annually. The company has already commissioned its solar module manufacturing unit, while solar cell manufacturing—focused on heterojunction (HJT) technology—was commissioned last quarter and is being ramped up to full capacity.
RIL said the HJT cells being manufactured are among the largest utility-scale cells globally and offer industry-leading efficiency, underscoring its ambition to compete with global solar majors on both scale and technology.
On upstream integration, the company said it has commissioned a pilot line for ingots and wafers and will bring its giga factory online in phases over the course of the year. Commissioning of polysilicon and solar glass facilities is also planned within the year, with construction progressing at a “rapid pace”.
In parallel, Reliance is building battery energy storage system (BESS) and battery cell manufacturing giga factories with a combined planned capacity of 40 gigawatt-hours (GWh) annually. The company said construction is in full swing and commissioning will take place in phases during the year.
“All critical production line equipment has already been received at site,” RIL said, adding that it plans to further scale battery manufacturing capacity to 100 GWh annually over time.
On the generation side, Reliance reiterated that it is developing one of the world’s largest renewable energy projects in Kutch, Gujarat. The company said land development, site infrastructure, engineering works and transmission infrastructure are all progressing simultaneously.
RIL added that key contracts for the Kutch project have either been awarded or are in the process of being finalised, signalling a move from planning to execution across its new energy portfolio.
The aggressive build-out reflects Reliance’s broader strategy to become a fully integrated clean energy player—spanning manufacturing, storage and generation—as it looks to reduce dependence on fossil fuels and position itself for long-term growth in the global energy transition.
The Mukesh Ambani-led conglomerate said it plans to further scale the solar manufacturing capacity to 20 GWp annually. The company has already commissioned its solar module manufacturing unit, while solar cell manufacturing—focused on heterojunction (HJT) technology—was commissioned last quarter and is being ramped up to full capacity.
RIL said the HJT cells being manufactured are among the largest utility-scale cells globally and offer industry-leading efficiency, underscoring its ambition to compete with global solar majors on both scale and technology.
On upstream integration, the company said it has commissioned a pilot line for ingots and wafers and will bring its giga factory online in phases over the course of the year. Commissioning of polysilicon and solar glass facilities is also planned within the year, with construction progressing at a “rapid pace”.
In parallel, Reliance is building battery energy storage system (BESS) and battery cell manufacturing giga factories with a combined planned capacity of 40 gigawatt-hours (GWh) annually. The company said construction is in full swing and commissioning will take place in phases during the year.
“All critical production line equipment has already been received at site,” RIL said, adding that it plans to further scale battery manufacturing capacity to 100 GWh annually over time.
On the generation side, Reliance reiterated that it is developing one of the world’s largest renewable energy projects in Kutch, Gujarat. The company said land development, site infrastructure, engineering works and transmission infrastructure are all progressing simultaneously.
RIL added that key contracts for the Kutch project have either been awarded or are in the process of being finalised, signalling a move from planning to execution across its new energy portfolio.
The aggressive build-out reflects Reliance’s broader strategy to become a fully integrated clean energy player—spanning manufacturing, storage and generation—as it looks to reduce dependence on fossil fuels and position itself for long-term growth in the global energy transition.
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