The Chairperson of the Reliance Industries (RIL) Mukesh Ambani, on September 3, reiterated its commitment to invest RS 75,000 Crore for the next three years in the green energy initiative, including the Giga Giga Energy Complex Dhirubhai Ambani in Jamnagar, because the global energy giant shifted the focus. from hydrocarbons to renewable power.
Overcoming the International Climate Summit 2021, Ambani said that the work occurred at a quick speed to develop a complex of 5,000 acre giga, which would be one of the largest green energy facilities in the world, and that RIL was on track to be zero-zero. Carbon company in 2035.
At the event, who was developing an Indian hydrogen energy ecosystem, Ambani said that the GIGA complex would have four GIGA factories to produce a solar integrated photovoltaic unit, advanced batteries to store energy, electrolysis to produce green hydrogen and fuel cell factories to convert it hydrogen to Green energy.
“Even though the cost of hydrogen from electrolysis today is high, they are expected to drop significantly in the coming years. New technology appears for hydrogen storage and transportation, which will dramatically reduce distribution costs,” Ambani said.
“The government plans to create an enabling green hydrogen ecosystem that will attract investment,” he said.
Reliance will regulate the renewable capacity of at least 100 gw in 2030 and will work to reduce the cost of green hydrogen to $ 1 / kg in the next decade, Ambani added.
India among the upper green energy goals
“This is a great pride for all of us that India has now reached the main milestone of 100 GW which is installed renewable energy. India is currently among the three most interesting goals for renewable energy and the target of 175 gw renewable energy capacity. In December 2022 now looks good,” Ambani said.
Prime Minister Narendra Modi has set a goal to reach 450GW of renewable energy capacity in 2030, where dependence will determine and allow at least 100GW solar energy, Ambani said.
It was at the 44th annual general meeting in June that Ambani had put a vision for diversifying green energy.
Speaking at today’s program, Ambani said that India can easily produce more than 1,000 so many solar energy at only half the percent of our land.
“By investing in intelligent, two-way, micro networks, efficient storage solutions and smart meters, we can enable individuals, communities and the environment to become consumers and energy producers,” he said, adding that this installation can be found. Close to requests, have low care requirements and little environmental impacts and require problems of human movement.
Cleanest energy hydrogen source
Calling the best and cleanest hydrogen energy sources, which can play a fundamental role in the world decarbonization plan, it says that it can be convertered into electricity and heat with zero emissions.
“The effort on the global to make green hydrogen is the choice of the most affordable fuel by reducing the cost at the beginning of $ 2 per kg. Let me assure you all dependence will aggressively pursue this target and achieve it well before this decade’s turn,” he said.