Reliance Industries plans to commercialize perovskite PV within the next two years

Reliance Industries, which owns 20% of perovskite solar developer Caelux, has updated that in addition to developing first-generation bifacial solar panels using indigenized HJT technology, it is also working on perovskites and back-contact HJT-IBC, which it expects to commercialize within the next two years.

Mukesh D Ambani, chairman and managing director of Reliance Industries recently said that Reliance will commence the production of its solar photovoltaic (PV) modules by the end of this year. In the following quarters, the group will complete the first phase of its integrated solar production facilities including modules, cells, glass, wafer, ingot, and polysilicon, with an initial annual capacity of 10 GW. The giga-factory is designed for modular expansion and can be expanded to 20 GW at minimal cost and shortest time possible.

 

To stay at the forefront of technology advancement, Reliance has established a state-of-the-art prototyping, testing, and validation lab in India, and is expanding its Advanced Solar Technology Lab in Singapore.

“These advancements will provide a clear path to upgrade our Gen 1 products through cost reductions and optimization of supply chains, as well as efficiency improvements. This will also allow us to develop disruptive technologies,” said Ambani.

Ambani said they have already demonstrated perovskites and back-contact HJT-IBC at pilot scale and plan to commercialize these technologies within the next two years.

“Our next-generation modules will offer even greater efficiency, delivering more power from the same-sized modules at a lower lifecycle cost,” he added.

Posted: Sep 02,2024 by Roni Peleg