Since Reliance Industries announced its investment of $10 billion into Indian renewables, both Tata Power and Adani Group have increased their own commitments to the sector. Reliance Industries is the largest oil and gas company in India, and can easily increase national development of renewables with commitments such as this $10 billion over just three years. Thanks to India’s recent protectionist policies regarding renewables – nothing out of character for the country – Reliance isn’t merely investing in wind and solar project development. Backed up by the government Performance Linked Incentive (PLI) scheme, its investment will go instead to four gigafactories – one vertically-integrated solar facility, one for batteries destined for grid energy storage, one for electrolyzers, and one for…