{"id":584442,"date":"2023-06-14T10:27:40","date_gmt":"2023-06-14T04:57:40","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=584442"},"modified":"2023-06-14T13:12:25","modified_gmt":"2023-06-14T07:42:25","slug":"rils-new-energy-business-revenue-set-to-hit-10-billion-mark-by-2030-bernstein","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/rils-new-energy-business-revenue-set-to-hit-10-billion-mark-by-2030-bernstein\/","title":{"rendered":"RIL\u2019s new energy business revenue set to hit $10 billion mark by 2030: Bernstein"},"content":{"rendered":"<p>Betting on the potential opportunities in clean energy in India, Bernstein sees the new energy business of Reliance Industries becoming a new pillar of growth, and expects revenue from this vertical to hit $10 billion by 2030.<\/p>\n<p>Clean energy could have a total addressable market (TAM) of $30 billion in 2030, compared to the current size of $10 billion, and by 2050, Bernstein estimates it to reach $200 billion and a cumulative spending of $2 trillion.<\/p>\n<p>By 2030, Bernstein sees potential for RIL to capture 60%, 30% and 20% of the total addressable market in solar, battery and hydrogen segments, respectively.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Betting on the potential opportunities in clean energy in India, Bernstein sees the new energy business of Reliance Industries becoming a new pillar of growth, and expects revenue from this vertical to hit $10 billion by 2030. Clean energy could have a total addressable market (TAM) of $30 billion in 2030, compared to the current size of $10 billion, and by 2050, Bernstein estimates it to reach $200 billion and a cumulative spending of $2 trillion. By 2030, Bernstein sees potential for RIL to capture 60%, 30% and 20% of the total addressable market in solar, battery and hydrogen segments, [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,239,136],"tags":[],"class_list":["post-584442","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/584442","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=584442"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/584442\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=584442"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=584442"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=584442"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}