Anil Ambani-led Reliance Group has announced a major push into clean energy. The company is building two large manufacturing platforms under Reliance Infrastructure — an integrated solar manufacturing facility and a battery energy storage systems (BESS) ecosystem. At the same time, Reliance NU Energies, the renewable arm of Reliance Power, is expanding rapidly.
Integrated solar manufacturing factory planned
Reliance ADAG is setting up a fully integrated solar manufacturing factories. The facility will produce ingots, wafers, cells and modules under one roof.
Reliance ADAG said in a BSE release that the company will use next-generation technologies such as TopCon+ and future-ready back-contact and tandem cell designs. It aims to tap into policy support, including the expanded ALMM rules, PLI schemes and domestic content requirements.
The release noted that the new factory is expected to reduce import dependence and strengthen India’s clean-energy security, as the country is expected to need nearly 55–60 GW of solar modules every year by 2030 but still lacks significant upstream capacity.
Battery and BESS ecosystem to take shape
The Reliance ADAG is also building a complete battery manufacturing and grid-scale BESS ecosystem. This platform will cover cell manufacturing, pack assembly and containerised BESS units for utility-scale projects.
The company aims to capture 60–70% of the total value in the midstream part of the storage chain.
Reliance NU Energies shifts to round-the-clock green power
Reliance NU Energies is transforming from a simple solar-focused platform to one that offers round-the-clock renewable energy using a mix of solar, wind and BESS.
In the last 12 months, the platform has secured: 1) 4.0 GW of solar projects, 2) 6.5 GWh of BESS capacity 3) 770 MW of hydropower in Bhutan with long-term 25-year power purchase agreements
The company says this diversified strategy enables it to provide dispatchable green energy, participate in peak and RTC tenders, and boost returns through digital optimisation and energy trading.
Clean-energy flywheel to support Atmanirbhar Bharat
With integrated manufacturing, storage solutions and renewable power generation, Reliance ADAG aims to build a complete clean-energy ecosystem. The company says this “flywheel” will support India’s target of installing 500 GW of non-fossil energy capacity and strengthen the country’s Atmanirbhar Bharat (self reliant) vision.
Reliance ADAG’s diversified infrastructure portfolio
Reliance Infrastructure and Reliance Power together command a combined market capitalisation of around Rs 23,550 crore, supported by a large and diversified asset base of nearly Rs 1.11 lakh crore.
Important to note that Anil Ambani Group’s big bet on entering the clean-energy chain comes at a time when the group is facing scrutiny from the ED, CBI and SEBI over multiple cases. Recently, the Enforcement Directorate (ED) filed a chargesheet against Reliance Power and several of its top executives — including former CFO Ashok Kumar Pal — alleging that a Rs 68.2 crore bank guarantee submitted to the Solar Energy Corporation of India (SECI) was fake, issued through a shell entity and backed by forged endorsements and spoofed emails.