Mukesh Ambani

The Reliance Effect On Solar. Who Should Worry?

When Mukesh Ambani, Chairman of Reliance Industries stepped up to announce the conglomerate’s plans last week on June 24, anticipation was high. On the menu were announcements related to a much awaited $15 billion deal with Saudi Aramco, the World’s largest oil firm, for an oil to chemicals spinoff and and investment, and the contours […]

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Solar Gets Its Big Hitter In India As Reliance Announces Rs 75,000 Cr Investment Plan

After hinting at big plans in the renewable energy sector last year, India’s largest private sector enterprise, Reliance Industries limited, has finally announced its plans. The company’s Chairman, Mukesh Ambani, picked the firm’s 44th Annual General Meeting (AGM) for its shareholders, as usual, to make the big announcements. The key announcements, and their implications for […]

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The Green Hydrogen Wave, And Its Implications for Renewable Energy

A report this week from Wood Mackenzie says green hydrogen costs will fall by up to 64% by 2040. Those numbers are broadly in line with what many other experts have been predicting, though many have predicted competitiveness as early as 2030. However, seen another way, those numbers simply show just how far green hydrogen […]

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After 25 GW Capacity Target, Renew Power to Enter Cell Manufacturing

Update: Sumant Sinha, Chairman and Founder at Renew Power, has confirmed that the firm will be entering into manufacturing of solar cells, with  an initial capacity of 2000MW . Close on the heels of plans to grow total installed capacity to 25,000 MW in 5 years, comes a report in The Economic Times that Renew […]

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Mukesh Ambani Signals A Clean Energy Shift at RIL AGM

At the Reliance AGM (Annual General Meeting for Shareholders) yesterday Chairman Mukesh Ambani made some key announcements that deserve scrutiny for their implications on India’s fossil fuels future. The 43rd AGM of Reliance Industries Limited, now India’s most valuable group, was notable for announcements in the group’s traditional fuels business, even as all the thunder […]

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Reliance Aims To Become Big Clean Energy Provider: Ambani

Reliance chairman said in the coming decades, the world will see a transition from fossil fuels to clean, green and renewable energy sources. India’s Reliance Industries Ltd will become a major provider of clean energy in the country, Chairman Mukesh Ambani said, as the South Asian nation transitions to renewable energy sources from fossil fuels. […]

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