Reliance Aims At Transition From Grey To Green Hydrogen By 2025
Reliance Industries Chairman Mukesh Ambani at the company’s 45th Annual General Meeting (AGM) on Monday said that Reliance aims to progressively commence transition from Grey Hydrogen to Green Hydrogen by 2025.
Acknowledging Reliance’s prowess in global production of Grey Hydrogen, Ambani said that the company is not new to Hydrogen. On green Hydrogen technology, he said, “We have partnered with Stiesdal to accelerate cost reduction and commercialisation of their Pressurised Alkaline Electrolyser technology. In addition, we are in advanced discussions to partner with other leading electrolyser technology players globally to set up giga-scale electrolyser manufacturing facility at Jamnagar.”
“We will complement our partner's technological innovation in stack manufacturing with our engineering skills,operational excellence, long-standing experience in efficient seawater desalination, digital twin expertise and indigenous balance of plant, with a singular aim to deliver Green Hydrogen at the lowest cost,” he added.
On other new energy initiatives, Ambani said that the company aims to establish and enable at least 100GW of solar energy by 2030. Ambani also announced establishing four Giga factories for photovoltaic panels, energy storage, green hydrogen and fuel cell system.
He announced Reliance’s new Giga Factory for Power Electronics and said that one of the key components linking the entire value chain of Green Energy is affordable and reliable power electronics.
He also announced progress of the company in other forms of energy. “In addition to solar energy, we are also actively progressing on bio-energy, offshore wind and other non-conventional forms of renewable energy, and will continue to expand our manufacturing ecosystem,” he said.
Battery storage was also an important focus area for Ambani at this year’s AGM and said that batteries are an integral part of providing long-duration energy storage for grid-scale renewable energy.
“This has further reinforced our ambition to create an end-to-end battery ecosystem – from batterymaterials to cell manufacturing, leading up to packs and Battery Management System (BMS), to deliver safe and reliable batteries with high energy density and fast charging capabilities,” Ambani said.
He informed about strategic partnerships with Lithium Werks, Faradion and Ambri and said that Reliance’s deep understanding and knowledge of Chemistry and Materials will add to its competitive advantage in setting up our world-scale battery manufacturing facility.
“We aim to start production of battery packs by 2023 and scale up to a fully integrated 5 GWh annual cell to pack manufacturing facility by 2024, and further scale up to 50 GWh annual capacity by 2027,” announced Ambani.
Ambani also shared that Reliance is actively working on bio energy and it is one of the largest users of agro-waste as a fuel to meet its captive energy needs.
“We aim to build on this further through use of newer and emerging technologiesand innovation. I am happy to inform you that Reliance has inaugurated Phase I of its Bio-Energy Technology (BET) Centre at Jamnagar on August 15, 2022. I will further update you on the progress in this area in the coming years,” he stated.
Ambani said, “Reliance's captive energy requirement across businesses provides us with a large base-load demand to support our plans to set up giga-scale manufacturing. It will accelerate our commitment to invest Rs 75,000 crore towards establishing our fully integrated New Energy manufacturing ecosystem in Jamnagar.”
He announced establishing 20 GW of solar energy generation capacity by 2025 which will entirely be consumed for the company’s captive needs of round-the-clock power and intermittent energy for Green Hydrogen.
