Page 26 - Steel Tech India eMagazine Volume January 2023

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the manufacturing sector and if a crisis were not to be RIL should start battery pack production by 2023 and
solved anytime soon, it would have a bearing on the scale up to a fully integrated 5 gigawatt-hours of annual
green steel vision of most of the companies across the cell to pack production facility by 2025. Further scaling
globe and India. XS WR *:K \HDU LV SODQQHG E\
Reliance bets on batteries, H to make India credible
2 Ambani notes that Reliance isn’t new to hydrogen, being
alternative to China
one of the largest producers of grey hydrogen globally
Indian conglomerate Reliance Industries Limited (RIL) today. It intends to start progressively transitioning from
wants to make India a credible new energy alternative grey to green hydrogen by 2025, “after proving our cost
to China, says Chairman Mukesh Ambani.
and performance targets.”
“We are well on our way to create a manufacturing It has partnered with Denmark’s Stiesdal to accelerate
ecosystem, which will be fully integrated with secure cost reduction and commercialisation of its pressurised
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is investing in solar PV, battery and electrolysers alkaline technology. The company is also in discussions
to become a leader both in battery technology and to partner with other leading electrolysis players to set
energy storage, as well as green hydrogen and fuel cell up a giga-scale electrolyser manufacturing facility at
systems. -DPQDJDU UH¿QHU\ $PEDQL DGGV
“Decarbonising the global economy will require multi- “Our singular aim is to deliver green hydrogen at the
decade investment in green and clean energy to the ORZHVW FRVW ´ KH VD\V ZLWKRXW GLVFORVLQJ ¿JXUHV ,QLWLDO
tune of $5 trillion per year globally,” he says. plans will require 20 GW of solar power generation
RIL aims to create an end-to-end battery ecosystem – capacity, but RIL is prepared to “double investment” to
from battery materials to cell manufacturing, leading up scale up its manufacturing ecosystem.
to packs and battery management systems, to deliver “Reliance aspires to make India a world leader in
“safe and reliable batteries with high energy density and new energy manufacturing and a credible alternative
fast charging capabilities,” he adds. That’s why it’s been to China. Of course, we have a long way to go,” the
investing in companies promising “superior chemistry” chairman says. “India’s transition — as also the world’s
technologies such as Lithium Werks (LFP), Faradion transition — from fossil fuels to renewables will provide
(sodium-ion) and Ambri (liquid metal technology).
These partnerships enable “less to nil dependence on Reliance with an opportunity for continuous hyper-
noble metals,” notes Ambani. growth over many decades.”

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