JAMNAGAR

Ambri and Reliance Industries Expand Strategic Alliance to Accelerate Commercialization of Ambri Batteries in India

Retrieved on: 
Tuesday, October 18, 2022

Ambri, a provider of long-duration energy storage systems, today announced a memorandum of understanding to deliver a pilot system to Reliance Industries Limited.

Key Points: 
  • Ambri, a provider of long-duration energy storage systems, today announced a memorandum of understanding to deliver a pilot system to Reliance Industries Limited.
  • Ambri batteries unique chemistry utilizing commonly available, recyclable materials is an attractive solution, for Reliances stated objectives.
  • The MOU announced today is the first step in advancing Ambri and Reliances strategic partnership.
  • Reliance is the top-most ranked company from India to feature in Fortunes Global 500 list of Worlds Largest Companies.

Reliance New Energy Limited to invest in Caelux Corporation

Retrieved on: 
Friday, September 23, 2022

MUMBAI, India, Sept. 23, 2022 /PRNewswire/ -- 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 United States of America, engaged in the development of perovskite-based solar technology. RNEL will invest USD 12 million to acquire 20% stake in Caelux.

Key Points: 
  • MUMBAI, India, Sept. 23, 2022 /PRNewswire/ -- 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 United States of America, engaged in the development of perovskite-based solar technology.
  • RNEL will invest USD 12 million to acquire 20% stake in Caelux.
  • RNEL and Caelux have also entered into a strategic partnership agreement for technical collaboration and commercialization of Caelux's technology.
  • Through this investment and collaboration, Reliance will be able to produce more powerful and lower cost solar modules leveraging Caelux's products.

Global Hazardous Location Motor Starters Market (2021 to 2026) - Growth, Trends, COVID-19 Impact and Forecasts - ResearchAndMarkets.com

Retrieved on: 
Monday, November 1, 2021

These are provided with spark-proof motors or explosion proof motors, which are assigned a temperature code (T code).

Key Points: 
  • These are provided with spark-proof motors or explosion proof motors, which are assigned a temperature code (T code).
  • Dust ignition-proof motor is designed to exclude hazardous materials and prevent dust explosions.
  • Asia-Pacific is likely to emerge as a demand center for soft starters, which are used in the motor for protection.
  • The need for safety and explosion-proof motors at this refinery is driving market growth.

Norwegian solar energy company REC Group becomes part of Reliance Industries Ltd. and accelerates its expansion

Retrieved on: 
Sunday, October 10, 2021

MUNICH, Germany, Oct. 10, 2021 /PRNewswire/ -- REC Group, an international pioneering solar energy company headquartered in Norway, today announces Reliance New Energy Solar Limited, a wholly owned subsidiary of Reliance Industries Ltd (Reliance), has signed a definitive binding agreement to acquire 100% shareholding of the largest European solar panel brand. REC Group (REC) welcomes the decision as this will allow a significant acceleration of the company's expansion plans.

Key Points: 
  • Innovative and award-winning solar panel manufacturer REC Group has been acquired by Reliance New Energy Solar Limited, a wholly owned subsidiary of Reliance Industries Ltd.
  • MUNICH, Germany, Oct. 10, 2021 /PRNewswire/ -- REC Group , an international pioneering solar energy company headquartered in Norway, today announces Reliance New Energy Solar Limited, a wholly owned subsidiary of Reliance Industries Ltd (Reliance), has signed a definitive binding agreement to acquire 100% shareholding of the largest European solar panel brand.
  • REC Group (REC) welcomes the decision as this will allow a significant acceleration of the company's expansion plans.
  • As part of the Reliance family, REC and Reliance will accelerate their joint mission to empower people around the globe with clean and affordable solar energy.

Norwegian solar energy company REC Group becomes part of Reliance Industries Ltd. and accelerates its expansion

Retrieved on: 
Sunday, October 10, 2021

MUNICH, Germany, Oct. 10, 2021 /PRNewswire/ -- REC Group , an international pioneering solar energy company headquartered in Norway, today announces Reliance New Energy Solar Limited, a wholly owned subsidiary of Reliance Industries Ltd (Reliance), has signed a definitive binding agreement to acquire 100% shareholding of the largest European solar panel brand.

Key Points: 
  • MUNICH, Germany, Oct. 10, 2021 /PRNewswire/ -- REC Group , an international pioneering solar energy company headquartered in Norway, today announces Reliance New Energy Solar Limited, a wholly owned subsidiary of Reliance Industries Ltd (Reliance), has signed a definitive binding agreement to acquire 100% shareholding of the largest European solar panel brand.
  • REC Group (REC) welcomes the decision as this will allow a significant acceleration of the company's expansion plans.
  • Over its 25-year history, REC has consistently set new standards and introduced numerous innovations in the solar PV industry.
  • As part of the Reliance family, REC and Reliance will accelerate their joint mission to empower people around the globe with clean and affordable solar energy.