financetom
Business
financetom
/
Business
/
Reliance Industries sets up New Energy Council
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Reliance Industries sets up New Energy Council
Aug 26, 2021 6:48 AM

Reliance Industries has set up a New Energy Council with marquee names to help it emerge as a major player by adopting the right technologies and business models.

After announcing their foray into the new energy business Reliance Industries has now set up the New Energy Council with experts who will help the company validate strategies and look for pathways to achieve the new energy business goals.

Now, the focus will be on accelerating the transition to clean energy and ensuring as well to become net carbon zero by 2035.

They will also look at reinventing Reliance to become a new energy major with a focus technology plan, including an optimal mix of clean affordable energy for the next 5 to 15 years.

They will also look at formulating strategies for business configuration operation models, manufacturing project development within the Indian and global policy landscape.

Now the council has many known and noted experts on the board.

Dr Alan Finkel is a special adviser to the Australian Government on low emissions technologies.

Dr Milstein has done breakthrough research in water splitting for hydrogen, innovative energy storage systems, and carbon dioxide capture and utilisation is well.

Dr Maitland is a professor of energy engineering at Imperial College.

Dr Hendrik has more than 650 patents related to wind power tech.

Dr Green is referred to as the father of photovoltaics and invented the PRC solar cells as well.

Dr Yasmin invented the lithium graphite anode using commercial lithium-ion batteries.

Dr Robonaut Marshall Kerr, who will chair the council and is a scientist, National Research Professor and independent director at Reliance Industries.

Lastly, Dr Robert Armstrong, who is the director at MIT's Energy Initiative.

The company has earlier set up councils like Reliance Innovation Council to draw up an innovation agenda for their short-term, medium-term and long-term targets and also International Advisory Board to focus on economics, geopolitics, and global markets.

Disclaimer: Network18, the parent company of CNBCTV18.com, is controlled by Independent Media Trust, of which Reliance Industries is the sole beneficiary.

(Edited by : Anshul)

First Published:Aug 26, 2021 3:48 PM IST

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Trump Media & Technology Group's Q2 Loss Narrows, Sales Rise
Trump Media & Technology Group's Q2 Loss Narrows, Sales Rise
Aug 4, 2025
03:37 AM EDT, 08/04/2025 (MT Newswires) -- Trump Media & Technology Group ( DJT ) reported a Q2 net loss Friday of $0.08 per diluted share, compared with a loss of $0.10 a year earlier. Net sales for the quarter ended June 30 were $883,300, up from $836,900 a year earlier. Analysts' estimates were not readily available for comparison. ...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Japan's Sojitz, JOGMEC team up with Alcoa for gallium study in Australia
Japan's Sojitz, JOGMEC team up with Alcoa for gallium study in Australia
Aug 4, 2025
TOKYO, Aug 4 (Reuters) - Japanese trading house Sojitz ( SZHFF ) established a joint venture with Japan Organization for Metals and Energy Security (JOGMEC) to study gallium production in Australia, Sojitz ( SZHFF ) said on Monday. Gallium, a critical mineral, is used in semiconductors where demand continues to grow with the expansion of electric cars, mobile devices and...
Kosmos Energy Swings to Q2 Adjusted Loss as Revenue Declines
Kosmos Energy Swings to Q2 Adjusted Loss as Revenue Declines
Aug 4, 2025
03:15 AM EDT, 08/04/2025 (MT Newswires) -- Kosmos Energy ( KOS ) reported a Q2 adjusted loss Monday of $0.19 per diluted share, compared with earnings of $0.17 a year earlier. Analysts polled by FactSet expected a loss of $0.07 per share. Revenue for the quarter ended June 30 was $393.5 million, down from $450.9 million a year earlier. Analysts...
Copyright 2023-2026 - www.financetom.com All Rights Reserved