Brookfield Asset Management and India’s largest private sector enterprise, Reliance Industries, have made a landmark agreement, signing a Memorandum of Understanding (MoU), aimed at bringing renewable energy and decarbonization equipment manufacturing to Australia. The partnership hopes to speed up and reduce risks associated with Australia’s energy transition by enabling the local production of clean energy […]
Ambri, a US-based energy storage solutions manufacturer, has signed a memorandum of understanding (MoU) with multinational conglomerate Reliance Industries to help the latter achieve its net-zero carbon targets. Under the MoU, Reliance Industries will receive Ambri pilot system as part of its broader energy storage system manufacturing plans and implementation in India. Reliance Industries is […]
Reliance Industries said that its fully-owned subsidiary Reliance New Energy Limited (RNEL) has agreed to acquire a stake of 20% in Caelux Corporation, a California-based developer of perovskite-based solar technology. The consideration for the deal is $12 million. According to Reliance Industries, its investment will help Caelux expedite product and technology development. This includes the […]
Reliance Industries said that its fully-owned subsidiary — Reliance New Energy has agreed to acquire substantially all of the assets of Lithium Werks, a Netherlands-based lithium battery manufacturer, for a sum of $61m, which includes funding for future growth. The assets involved in the deal include the full patent portfolio of Lithium Werks, its manufacturing […]
