On path to sustainability, Indian companies invest in startups with advanced battery tech

On Monday, Reliance Industries said that its subsidiary Reliance New Energy Solar Ltd (RNESL), along with a clutch of other investors including Bill Gates, invested in US-based battery technology company called Ambri Inc. RNESL put $50 million (Rs 372 crore) in the startup to get access to its advanced energy storage technology for renewable power.

via Economictimes

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