New Delhi: Chairperson of Reliance Industries Ltd.
Mukesh Ambani on Friday launched its plan to transition ‘Jio’ in the transition of energy by producing green hydrogen at a price below $ 1 per kg, or approximately RS 73 at the Friday dollar exchange rate, for adoption Faster than the cleanest mobility solutions are available for the world at this time.
“Green hydrogen is a zero energy of carbon.
This is the best and cleanest energy source, which can play a fundamental role in the world decarbonization plan,” Indian richest people told the 2021 international Summit Summit, the addition of dependency would pursue the first target of reducing costs up to below $ 2 per kg and ultimately be under $ 1 in a decade.
AMBANI’s vision for green hydrogen has a familiar ring for it.
It has the potential to disrupt the mobility market and energy transition.
The way of dependence is done when entering the telecommunications market with JIO, which reduces tariffs and get consumers associated with key data services to move towards ‘Internet-of-Moving Things’.
Green hydrogen is currently charged between $ 3 and $ 6.55 per kg.
Ambani also told Reliance to arrange 100 gigawatts (GW) renewable power capacity in 2030, which was part of a $ 10 billion green energy bet that he announced to shareholders on June 25.
The company will use the power generated from this capacity to produce.
Hydrogen using electrolysis water.
With abundant sunlight, India can produce more than 1,000 so solar power.
This energy uses only 0.5% of the country’s land, he said, adding India to reach 100 gw the capacity of renewable energy and the target of 175 gw in December 2022 is now in view.
Reliance focus on hydrogen is the main element to achieve the goal of Net-Zero Ambani.
“Last year, I announced our ambitious commitment to rely on net-carbon zero companies in 2035.
This year, I present our strategy and road maps for the new energy business, which will be the next big ‘machine creation’ to rely on reliance and India, “he said.
“We have begun to develop the Giga Green Energy Complex Dhirubhai Ambani more than 5,000 hectares in Jamnagar.
This will be one of the largest integrated renewable energy manufacturing facilities in the world.
This complex will have four GIGA factories, which cover the entire spectrum of renewable energy,” he said .
Hydrogen is a taste this season, thanks to the government’s national hydrogen mission.
This is part of the government’s strategy to reduce the footprint of economic carbon as a new stick Delhi to announce the net-zero target.
Power and Minister of Renewal Energy Raj Kumar Singh told TOI India had the potential to be “one of the largest green hydrogen producers, if not the biggest, if Minister Narendra has set a goal to reach 450 gw renewable energy capacity by 2030.
From this, dependence Will set and activate at least 100 GW solar energy in 2030, he stated.
This, said Ambani, he said, would create a PAN-India network from solar solar energy producers solar-India which could produce green hydrogen for local consumption.
“For three years In the future, we will invest RS 75,000 Crore in this initiative.
Reliance will thus make and offer fully integrated renewable energy ecosystems, end to end for India and India, “he said.
The four GIGA factories will include the integrated solar photovoltaic module factory, advanced energy storage battery factory, electrolymer factory, electrolymer factory for production Green hydrogen, and fuel cell factories to change hydrogen into stationary motifs and power.
Mukesh Ambani promises ‘Jio’ for energy transition
