In June Reliance Industries, one of India’s biggest conglomerates, announced a $10 billion, three-year investment into Indian renewables. At the time it said this would result in a 5,000-acre manufacturing complex in Jamnagar, Gujarat with four gigafactories – one each for solar, energy storage batteries, hydrogen electrolyzers, and fuel cells. Besides manufacturing, the company committed to projects such as 100 GW of solar projects to be developed by 2030. Now Reliance has lent more detail to the solar part of this ambition, with Reliance New Energy Solar acquiring a 100% stake in Norway-based module manufacturer REC Group, a 40% stake in the Indian EPC provider Sterling & Wilson, and a $29 million purchase of NexWafe shares. REC Group’s acquisition came…