Reliance New Energy Solar (RNESL), a wholly owned subsidiary of Reliance Industries, has signed definitive agreements to acquire 100% shareholding in UK-based sodium-ion battery developer Faradion. The deal was for £100 million ($136 million), with RNESL also due to invest £25 million ($34 million) as growth capital to accelerate commercial roll out of Faradion’s technology. … Continue reading Sodium-ion deal could see the technology’s global commercialisation centred in India