Reliance Industries Ltd (RIL), led by Mukesh Ambani, is doubling its green energy investment target to ₹1.5 trillion, showing its commitment to sustainability. RIL is progressing on the Dhirubhai Ambani Green Energy Giga Complex in Jamnagar, with investments in solar, wind, and battery manufacturing. It's competing with Tata and Adani groups in India's new energy sector. RIL plans to establish 100 GW of solar energy by 2030, build giga factories, and has partnerships with various companies. This push aligns with global trends as companies like ExxonMobil and BP aim for net-zero emissions.
25 Aug 2023Things are seemingly improving for the wind industry, much depends on the competition and how they approach the auctions
2 min read17 Apr 2018Siemens Gamesa deals are to supply equipment for projects that are being developed by four wind power generation firms in northeast Brazil
1 min read9 Jan 2018Thin volumes and intense competition are tilting the scales in favour of companies that can raise funds at low rates and keep the project costs low
2 min read9 Oct 2017In other news, China bank stocks are new best hope for investors; wind turbine prices plummet in the US
2 min read5 Oct 2017Wind turbine makers say the govt's decision earlier this year to introduce competitive bidding for the projects instead of offering a feed-in-tariff is creating uncertainty in the industry
4 min read15 Sep 2017In other news, global wind turbine order intake down 28%; China's economy cools again in August
2 min read15 Sep 2017Rosatom's interest in Inox's wind turbine business stems from its strategy to gain control over the supply chain in India's wind power sector
3 min read21 Aug 2017The EU is reviewing whether GE misled officials examining a deal to buy LM Wind Power, a maker of wind-turbine blades, $1.7 billion
2 min read22 May 2017Suzlon chairman Tulsi Tanti says wind energy auctions may ultimately benefit by sparking growth in the market
2 min read28 Apr 2017