Tag: Reliance Industries

Jan 18, 2022 - 10:18 pm

Reliance takes over Faradion for £100 million

The British sodium-ion battery technology company Faradion has been bought up by Reliance New Energy Solar (RNES), a wholly-owned subsidiary of Reliance Industries. Reliance is to acquire 100% shareholding of Faradion for £100 million. In addition, RNES will also invest £25 million as growth capital to accelerate commercial rollout.

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Found on electrive.com
https://www.electrive.com/2022/01/18/reliance-takes-over-faradion-for-100-million/
18.01.2022 22:31