- RIL to create 100 GW out of 450 GW renewable energy target of India, says Mukesh Ambani
- India can set even more aggressive target of achieving under USD 1 per kg within a decade
- Reliance will establish and enable at least 100GW of solar energy by 2030
New Delhi: India is hosting the International Climate Summit 2021 in a bid to strengthen the dialogue for the country’s transition to clean energy with a focus on ‘Powering India’s Hydrogen Ecosystem’. Policymakers, regulators, experts and industry leaders will be participating in the summit on September 3, 2021. The summit is organised by the environment committee of the PHD Chamber of Commerce and Industry (PHDCCI), a non-government industrial development organisation.
Eminent personalities attending the Summit include Union ministers Bhupendra Yadav and Jitendra Singh, NITI Aayog member Dr VK Saraswat and Sturle Harald Pedersen, chairperson of Greenstat India, Norway, Mukesh Ambani. Speaking at the Summit, Reliance Industries chairman Mukesh Ambani said that the green revolution had already begun in India which would make the country 100 percent energy independent.
Ambani reiterated his commitment to invest Rs 75,000 crore over the next three years in green energy initiatives, including the Dhirubhai Ambani Green Energy Giga Complex in Jamnagar. The 5000 acre Giga complex will be one of the world’s largest green energy facilities with four giga factories to produce solar integrated photovoltaic units, advanced batteries to store energy, electrolysis to produce green hydrogen and a fuel cell plant to convert that hydrogen to green energy.
Ambani said, “Green Hydrogen will play a fundamental role in decarbonisation. RIL is committed to become a net-zero carbon company by 2035”. The company will work on bringing down the cost of Green Hydrogen to $1/kg in the next decade. It will set up a renewable capacity of at least 100 gw by 2030.
“India is the world’s third-largest emitter of greenhouse gases and the import of fossil fuels costs us $160 billion a year. Prime Minister Modi’s focus on green power sends out a strong message to the world. India has sent a message to the world to become Aatmanirbhar in new energy,” Ambani said.
India reached a milestone of 100 GW installed renewable energy. The world is witnessing the disastrous effects of global warming and the only option is a rapid transition to a green era. The world needs to achieve an absolute reduction in emissions, he further added.
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