Bron: www.energyvoice.com
25 juni 2021
After running one of the worldâs largest petroleum businesses for more than two decades, Indiaâs richest man Mukesh Ambani announced Thursday that heâs steering his company, Reliance Industries, towards renewable energy with an investment of 75,000 crore Indian rupees ($10 billion) over the next three years.
Ambani said that his company plans to build four gigafactories to manufacture and integrate all critical components of its New Energy ecosystem. âReliance will thus create and offer a fully integrated, end-to-end renewables energy ecosystem,â he added.
Relianceâs shift marks an important moment for the fossil fuel industry.
đ If a company so entrenched in fossil fuels is this serious about renewable energy, the era of oil is truly ending.
âď¸ Reliance is also most likely attempting to compete with China, which has five times the solar panel factories India does.
Lees hier het hele artikel: Fossil fuels giant Reliance will invest $10bn in Indian renewable energy