Reliance industries, India's leading business conglomerate, has continued to expand its business and has started investing in various neighbouring countries and is constantly acquiring various companies. It is also forming alliances with various companies. Mukesh Ambani's company, which has been a major player in the oil, wallet PLATFORM' target='_blank' title='digital-Latest Updates, Photos, Videos are a click away, CLICK NOW'>digital and telecommunications sectors, in particular, has recently begun to focus on green energy.
Clean Power Investment
Investment in Clean Power mukesh ambani recently announced that it will invest about Rs 75,000 crore over the next three years in clean power and hydrogen fuel production. To the surprise of the rest of the world, Ambani then announced plans to produce one kilogram of hydrogen for $ 1.
Norway Investment
In order to improve its energy business at this stage, the next information about the next project has been released. reliance Group has reportedly acquired REC Group, the largest solar conglomerate headquartered in Norway, for $ 771 million (over Rs 5,000 crore).
Energy Companies
Reliance Group has agreed to acquire REC Solar Holdings AS (REC Group), a subsidiary of china National Bluestar (Group) Co Ltd, China. The deal is expected to end soon. reliance New Energy Solar Ltd (RNESL) plans to acquire reliance New Energy Solar Ltd.
Mega Solar Energy
The REC Group Group is an internationally renowned, largest solar energy company for solar energy. The company is constantly discovering new innovations related to solar. It has been producing solar panels, especially those that have been in operation for a long time, including other new solar equipment.
REC Employees
Mukesh Ambani, Chairman, reliance Group, said, “We are very pleased with the acquisition of REC. REC has more than 1,300 employees worldwide. After the completion of this transaction, they will join as proud members of reliance Group. He said they will become an integral part of the work to improve green energy.
Mega Investment
Earlier this year, Ambani announced at Reliance's annual meeting that it would invest about Rs 75,000 crore over the next three years in 4 mega plants in gujarat to produce clean power and hydrogen fuel. Ambani has already started building the Green Energy Complex on 5000 acres in Jamnagar.
Green Hydrogen
Ambani had said at the time that it would become the world's largest renewable energy hub. And there are no carbon emissions in hydrogen. Ambani had said at the time that green hydrogen could be used as a fuel in industry and vehicles to reduce carbon emissions.
Mega Plans
The world is planning to reduce its carbon emissions as a way to adjust to climate change internationally, and as things like this may be welcomed in india in the future, Ambani's next plans are huge. This is a good thing.
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