In Short : Reliance New Energy, a subsidiary of Reliance Industries, plans to establish 20,000 solar-powered swappable battery stations. This initiative signifies a significant step toward sustainable energy infrastructure. By integrating solar power and battery technology, Reliance New Energy aims to promote clean energy adoption, enhance energy accessibility, and reduce carbon emissions, fostering a greener […]
Reliance New Energy Limited to invest in Caelux Corporation – EQ Mag Pro
A technology company working on perovskite based solar technology Investment to further strengthen Reliance’s leadership in advanced solar cell technology Mumbai : Reliance New Energy Limited (“RNEL”), a wholly owned subsidiary of Reliance Industries Ltd (“Reliance”), has today signed definitive agreements to invest in Caelux Corporation (“Caelux”), a company headquartered in Pasadena, California, in the […]
PLI scheme for ACC battery storage: Reliance New Energy, Ola, Rajesh Exports sign pact – EQ Mag Pro
The government has signed a programme agreement with Reliance New Energy, Ola and Rajesh Exports under the PLI Scheme for ACC Battery Storage These companies will receive incentives under India’s Rs 18,100-crore PLI scheme The private players are expected to create battery manufacturing capacity to the tune of ~95 GWh New Delhi: The government has […]
Altigreen raises Rs 300 cr funding led by Sixth Sense Ventures, Reliance New Energy, others
Commercial electric vehicle maker Altigreen on Friday said it has raised Rs 300 crore ($40 million) in a funding round for capacity expansion, new products launch and to develop a pan-India network. The Series A investment is led by Sixth Sense Ventures, along with Reliance New Energy, Xponentia Capital, Accurant International, USA and Momentum Venture […]
Reliance New Energy completes acquisition of public shareholding in Sterling & Wilson Renewable Energy – EQ Mag Pro
Reliance New Energy (RNEL), a wholly owned subsidiary of Reliance Industries, has on 28 January 2022 completed the acquisition from the public shareholders of Sterling & Wilson Renewable Energy (SWREL) of 84,76,251 equity shares of SWREL of face value of Rs 1 each at a price of Rs 375/- per equity share aggregating Rs 317.85 […]
Reliance New Energy Solar to Acquire Faradion Limited – EQ Mag Pro
A Leading Global Sodium-Ion Battery Technology Company Provides Access to High Density, Sustainable and Competitive Cost Battery Technology Core Pillar of Reliance’ Strategy for Enabling and Accelerating India’s Transition to Green Energy and Green Mobility / Transport. Mumbai: Reliance New Energy Solar Ltd (“RNESL”), a wholly owned subsidiary of Reliance Industries Ltd., has signed definitive […]