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Strategic Alliances

Danish electrolyzer firm Stiesdal next in Reliance new energy plans 

Reliance New Energy Solar has signed an agreement with Danish firm Stiesdal A/S to develop and manufacture Stiesdal HydroGen electrolyzers for green hydrogen production in India.  

Reliance New Energy Solar to invest $29 million in German wafer manufacturer NexWafe

The Reliance Industries Ltd arm, which plans solar gigafabs in Gujarat, has raised a stake in German wafer manufacturer NexWafe with an investment of EUR 25 million ($29 million). 

India and Australia’s richest race to net-zero by 2030

Today, both Reliance and Fortescue are realizing the huge investment, employment, import replacement and export opportunities in zero emissions industries of the future, both for India and Australia. And they look to be leading the way, fully supported by global financial institutions increasingly seeking to deploy trillions of patient capital in low volatility, non-commodity price exposed zero-emissions energy sources of the future.

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Reliance Industries acquires 100% stake in REC Group, plans new manufacturing bases

India headquartered multinational Reliance Industries, through its subsidiary Reliance New Energy Solar Limited, yesterday announced the acquisition of Norway headquartered module manufacturer REC Group. The move comes as Reliance pushes forward with its US$10 billion plan to move in on the renewable energy industry, having also this week announced acquisition of a 40% share in EPC provider Sterling & Wilson.

Magenta to deploy EV charging solutions in Delhi

Magenta, in collaboration with State power discom BSES, will deploy innovative EV charging solutions in the discom’s service area in Delhi. It will undertake the installation, operations and maintenance of EV charging solutions under the ChargeGrid brand.

Tata Power to install EV charging infrastructure for TVS Motor

TVS Motor has signed a memorandum of understanding with Tata Power to create a regular AC charging and a DC fast-charging network for its electric two-wheelers. The two companies will also explore opportunities to use solar energy to power select TVS Motor locations.

C4V signs 1.16 GWh lithium battery cell supply deal with Omega Seiki

The New York-headquartered technology provider will supply over 1.16 gigawatt-hours (GWh) of its lithium-ion battery cells to power India-based Omega Seiki’s lineup of electric vehicles. The cells, assembled into batteries, will be delivered over the next five years.

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Lodha partners Tata Power on EV charging infrastructure

Under the partnership, Tata Power will provide end-to-end electric vehicle (EV) charging solutions across Lodha Group’s residential and commercial projects in Mumbai Metropolitan Region (MMR) and Pune.

Ayana Renewable partners Norway’s Greenstat on India’s hydrogen mission

The Bengaluru-based solar and wind energy developer has signed a Memorandum of Understanding with Greenstat Hydrogen India to collaborate on developing projects for green hydrogen production in India.

Reliance New Energy Solar to invest in US-based liquid metal battery firm 

The clean energy arm of Reliance Industries Limited will invest US$ 50 million in MIT-incubated Ambri. As part of the transaction the two companies will also partner to develop and manufacture liquid metal batteries in India.

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