Reliance New Energy (RNEL) has acquired the remaining stake in Faradion, a Sodium-ion Battery Technology company, making it a wholly-owned subsidiary. RNEL initially announced the acquisition in December 2021 for £100 million, aiming to utilize Faradion’s Technology at its planned Energy Storage Giga-Factory in Jamnagar.
Premium Content Access
This content is available exclusively to our paid subscribers. Please login to enjoy full access. If you’re interested in subscribing to access our premium content, please contact us at support@omnicoreplus.com.
