Article in Newstrack, Aug 8, 2022
Reliance Industries Chairman and Managing Director Mukesh Ambani wrote in a letter to shareholders that the company had “entered into a series of partnerships, including equity investments, with local and international corporates with unique technological and execution capabilities, with a strong track record of innovation and a growing number of patents and IPRs across the Green Energy value chain.”
To expand its capabilities in new energy, Reliance undertook acquisitions and investments totaling more over Rs 5,500 crore during FY22.
Companies like Ambri in the US, Faradion in the UK, and Lithium Werks in the Netherlands are among Reliance’s partners in the energy storage industry.
Read the entire article here: https://english.newstracklive.com/news/reliance-builds-techinnovation-portfolio-for-green-energy-in-in-5yrs-ambani-sc18-nu318-ta318-1243936-1.html