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Reliance AGM 2024 Live: Ambani on new Energy business

At the Reliance AGM 2024, Mukesh Ambani announced significant advancements in their bioenergy and solar energy initiatives. The company plans to operate 55 Compressed Biogas (CBG) plants by 2025 and has launched a pilot energy plantation on 1,000 acres of arid land. Reliance will also start producing its own solar photovoltaic (PV) modules by the end of the year and has integrated HJT technology to develop bifacial solar panels with over 26% cell efficiency.

Reliance AGM 2024 Live: “We are rapidly expanding our investments in bioenergy, aiming to operate 55 Compressed Biogas (CBG) plants by 2025. We’ve also launched an energy plantation pilot on 1,000 acres of arid wasteland to establish a pioneering integrated CBG plant.

By the end of this year, we will begin producing our own solar photovoltaic (PV) modules. Additionally, we have fully integrated and localized HJT technology from our wholly owned subsidiary, REC Singapore, to develop first-generation bifacial solar panels with cell efficiency exceeding 26%,” Mukesh Ambani said.

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Source Link : https://www.livemint.com/companies/news/reliance-agm-2024-live-updates-from-jio-retail-ipos-to-new-energy-projects-mukesh-ambani-s-speech-at-ril-agm-in-focus-11724910205849.html

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