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Reliance will focus on growth in its renewable energy segment and plans to pilot projects in biofuels, solar energy and fuel cells, Mukesh Ambani said at Reliance’s 35th Annual General Meeting.

“As part of our road-map for value creation, we are entering into the renewable energy space, as a natural extension of our conventional energy platform. Our efforts will be on piloting projects in alternative energy,” he told shareholders at the company’s 35th annual general meeting.

“Research and proof of concept project in biofuel, solar energy and fuel cells, to understand and enable scale-up, would characterise this effort. Our efforts would be to grow the conventional energy and material platform through greater global scale and competitiveness,” he said.

The Solar Group of Reliance has already implemented a large electrification programme at the community and village level in Maharashtra in 2007-08.

Reliance Industries Limited Solar Group has obtained a photovoltaic qualification for its PV modules from TÜV Rheinland Japan Ltd which conducts tests to assess whether an organization is fulfilling the requirements specified by the relevant standard and issues certificates after a thorough inspection. The certificates earned by the Reliance Solar Group are valid for the next 5 years. Reliance Solar won the best stall for the Popularization of PV for Off-Grid Rural Application at the Photovoltaic Science and Engineering Conference from the 19th of January to the 23rd of January, 2009 in India.

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