Our aim is to establish and enable at least 100GW of solar energy by 2030 and accelerate India’s transition from fossil dependence to renewable energy sources. Our wholly-owned subsidiary, REC Group, brings 25 years of commitment to the solar industry and is a global leader in solar manufacturing, providing highest efficiency solar panels with Heterojunction Technology (HJT). We have a defined improvement roadmap to increase the HJT module efficiency even more through innovations like perovskite-tandem cell technology. Our 10GW solar PV cell and module factory at Jamnagar will commence production by 2024.And we are targeting to scale up to 20GW annual capacity in a phased manner by 2026.
This will be first of its kind of 'quartz-to-module' facility globally – from quartz, to metallurgical silicon, to polysilicon, to ingots / wafers – and integrate them with cells and modules. Further, we will invest in Glass and POE film manufacturing – both having natural synergies with our Chemical and Materials business at Reliance.
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