Reliance Chairman Mukesh Ambani addresses RIL shareholders during the company’s 47th annual general meeting (AGM) on Thursday.
In the following quarters, Reliance Industries will complete the first phase of our integrated solar production facilities, says RIL Chairman Mukesh Ambani.
Reliance Industries Ltd (RIL) Chairman Mukesh Ambani on Thursday said the company will begin the production of its own solar photovoltaic (PV) modules by the end of this year. RIL’s integrated solar production facilities will include modules, cells, glass, wafer, ingot, and polysilicon, with an initial annual capacity of 10 GW.
“In the following quarters, we will complete the first phase of our integrated solar production facilities,” Ambani said while addressing shareholders during Reliance’s 47th annual general meeting (AGM) on August 29.
Reliance’s giga-factory is designed for modular expansion at minimal cost and in the shortest time possible, he said.
“We have fully integrated and indigenised the HJT technology from REC Singapore, our wholly owned subsidiary, to develop 1st Gen bifacial solar panels with cell efficiency exceeding 26%. Additionally, we have significantly enhanced our R&D capabilities by establishing a state-of-the-art prototyping, testing, and validation lab in India, and we are expanding our Advanced Solar Technology Lab in Singapore,” the RIL chairman said.