Reliance Industries may earn USD 10-15 Billion revenue from new energy business spanning solar to hydrogen by 2030
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Billionaire Mukesh Ambani's Reliance Industries may by 2030 earn USD 10-15 billion from its new energy business spanning solar to hydrogen but will need acquisitions or partnerships to make up for limited expertise in technology, said a report by Sanford C Bernstein. Clean energy (solar, battery, electrolyzers, and fuel cells) represents a new growth pillar for Reliance with USD 2 trillion in investment in India through 2050.