RIL looks at global tie-ups in renewables, says report
Business Standard|October 16, 2021
Reliance Industries (RIL) might collaborate with leading global players over fuel cells, carbon capture and storage, and green ammonia as part of its gigantic plans for renewables.
SURAJEET DAS GUPTA

THE GIGA FACTORIES RELIANCE IS PLANNING

Solar PV: 100 GW by 2030

Energy solar batteries: talks are on with Ambri; capacity estimated at 10GW

Electrolysers: they produce green hydrogen and support green fertilisers and chemicals

Fuel cells: power transportation of large vehicles like buses, trucks etc.

Morgan Stanley Asia Pacific Insight, which tracks the group's foray into renewables, has identified Canada-based Ballard Power as one of its potential collaborators in fuels cells, Saudi Aramco for green ammonia and Siemens Green Energies for carbon capture and storage. It had also identified Norway-based REC as a potential partner in solar energy, for which an announcement has been made by RIL over its 100 per cent acquisition a few days ago.

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