Reliance Industries to Acquire Majority Stake in Solar Digital Platform SenseHawk Updated On Tue, Sep 6th, 2022 by Saurenergy Read more
Reliance Industries to Acquire Majority Stake in Solar Digital Platform SenseHawk Updated On Tue, Sep 6th, 2022 by Saurenergy Reliance Industries Limited (RIL) has signed definitive agreements to acquire a majority stake in California based SenseHawk for a total transaction value of USD 32 million, including funding for future growth, commercial rollout of products and R&D. Founded in 2018, SenseHawk is an early-stage California-based developer of software-based management tools for the solar energy generation industry. SenseHawk […] Read more
Reliance Industries to Buy 88% Shares in Kanoda Energy Systems Updated On Thu, Jan 3rd, 2019 by Saurenergy In a BSE filing, RIL mentioned that it will pay Rs 75 crore for the ownership and the deal will be fully complete by March 2020. Indian industrial giant Reliance Industries Limited (RIL) has entered into an agreement to purchase 88% equity shares of Kanoda Energy Systems Private Limited (KESL). In a BSE filing, RIL […] Read more
Govt Awards Reliance 10GWh ACC Battery Capacity Under PLI Updated On Thu, Sep 5th, 2024 by Saurenergy The Ministry of Heavy Industries (MHI) has now announced the selection of successful bidder under the Production Linked Incentive (PLI) Scheme for Advanced Chemistry Cell (ACC) Battery Storage. Reliance Industries Limited has been awarded 10 GWh ACC capacity under Production Linked Incentive (PLI) scheme based on QCBS mechanism. This initiative is another step towards enhancing […] Read more
Reliance To Boost Solar Manufacturing, AI-Led Green Data Centers Updated On Fri, Aug 30th, 2024 by Saurenergy At Reliance Industries’ 47th Annual General Meeting (AGM) in 2024, Mukesh Ambani and his team outlined the company’s ambitious plans for the future, which included the focus on green and renewable energy and the sustainable growth sector. This article outlines the highlights from the speech and Reliance’s plans toward sustainable development. Commitment to Green Energy […] Read more
Reliance Set To Launch Its First Solar Gigafactory By FY25 Updated On Thu, Aug 8th, 2024 by Saurenergy Reliance Industries, in its Integrated Annual Report 2023-24, shared its plans to commission its first solar Gigafactory in FY25, with most of the company’s renewable energy development and manufacturing operations at Jamnagar. In its business review, Reliance highlighted the growth the company has achieved from 2023 to 2024. Regarding its renewable energy (RE) plans, Reliance […] Read more
What The Green Industries Said About Budget 2024? Updated On Tue, Jul 23rd, 2024 by Saurenergy Hours after Finance Minister Nirmala Sitharaman announced the Union Budget 2024, the industry leaders also reacted to the budget announcements. Many of them talked about the benefits and challenges of the industry in the light of the announcements. The minister, in her budget speech talked about imposing Customs Duty on solar glass imports and include […] Read more
Reliance To Build Green Energy Giga Complex Spread Across 5,000 Acres in Jamnagar Updated On Mon, Jan 22nd, 2024 by Saurenergy Reliance Industries Limited has commenced the construction of Green Energy Giga Complex in Jamnagar in western state of Gujarat. The complex is built across 5,000 acres of land in the Gujarat town, read the press release by the company. The Dhirubhai Ambani Green Energy Giga Complex will have five giga factories for Photovoltaic panels, Fuel […] Read more
Reliance Announces Battery Plans With Launch of Swappable Batteries Updated On Thu, Oct 5th, 2023 by Saurenergy The REI Expo, where Reliance Industries has been marking presence gradually over the past two years with technologies it plans to introduce to the renewable sector finally saw the first formal product, in the form of swappable, multipurpose batteries for electric vehicles and home appliances from India’s largest private sector group. The batteries from Reliance, […] Read more