Reliance New Energy Solar to invest $50m in energy storage company Ambri
Reliance New Energy Solar (RNESL), a newly incorporated subsidiary of Reliance Industries, will invest $50 million in American energy storage company Ambri Inc for acquiring 42.3 million shares. The Reliance Industry subsidiary is taking part in a $144 million investment in the energy storage firm alongside Paulson & Co. Inc. and Bill Gates among few […]