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A Gigafactory for Hydrogen Could Be a Game-Changer

Indian energy billionaire Mukesh Ambani is planning to invest big in both the present and the future of renewables.

Daily Life Around The Tata Steel Factory As India's Oldest Steelmaker Shifts Focus To India
Photographer: Anindito Mukherjee/Bloomberg

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Asia’s richest person, Mukesh Ambani, has a $10 billion plan to scale up zero-carbon hardware in India. Reliance Industries, the oil- and refining-heavy conglomerate that he controls, intends to develop four huge “ giga factories” to manufacture photovoltaic modules, batteries, fuel cells, and—importantly—electrolyzers to produce hydrogen.