Reliance Industries will start manufacturing solar photovoltaic (PV) modules by the end of this year. The update came from Partha P Maitra, President – Strategy and Initiatives at Reliance, who confirmed the timeline during a recent event.
As of 10:20 AM on May 23, 2025, Reliance Industries share price was trading at ₹1,421, a 0.82% increase, with a 9.67% increase over the past 6 months and a 5.02% drop over the past year.
The company is setting up multiple facilities as part of its clean energy plans. The solar module factory will be the first to go live. It is part of a larger setup of four gigafactories coming up in Jamnagar, Gujarat. These include units for battery storage, hydrogen equipment, and power electronics.
Production from the first 20 GW solar PV line is scheduled to begin by the end of 2025. The company plans to eventually scale up to 20 GW of annual capacity.
Apart from solar modules, Reliance is also working on battery and micro-power electronics factories. These are expected to start operations in 2026. A pilot for producing sodium-ion cells at the megawatt level is planned for 2025. A lithium battery cell pilot line with 50 MWh annual capacity is expected in 2026.
Read more: Reliance Power Secures 25-Year SECI PPA for Asia’s Largest Solar-BESS Project
If the 20 GW solar capacity target is reached, the company expects to contribute around 14% of global solar PV module production outside China. India added 25.3 GW of solar module capacity in 2024, according to news reports. Despite this, the country still relies heavily on imports to meet domestic demand.
India has set a goal of achieving 500 GW of non-fossil power capacity by 2030, and reports suggest that the country will need to double its annual capacity additions to stay on track.
The solar module factory is part of Reliance’s plans in the renewable energy sector. It is expected to begin operations by the end of 2025, with other related units scheduled to follow over the next few years.
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Published on: May 23, 2025, 12:58 PM IST
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