Reliance wants to harness Ambri’s technology, says Mashruwala
Ambri Inc, a provider of long-duration energy storage systems from Marlborough, has signed a memorandum of understanding to deliver a pilot energy storage system to Reliance Industries Limited which has a US$10 billion renewable energy programme.
“One of our goals in investing in Ambri was that someday we would have the opportunity to harness Ambri’s technology to help us achieve our goals to deliver cost competitive round-the-clock power,” said Sanjay Mashruwala, Director, Reliance New Energy Limited, a wholly-owned subsidiary of Reliance Industries Limited.
“This memorandum of understanding paves the way for us to engage in discussions for testing and installation of Ambri’s demo installation at Jamnagar, and further progress our joint development work to set up large scale manufacturing of Ambri systems in India,” he said on 18 Oct 2022.
“As an investor, we have helped support Ambri’s work to produce and scale a superior and reliable energy storage solution because we believe in the company and its technology.”
The MOU announced on 18 Oct 2022 is the first step in advancing the strategic partnership between Ambri and Reliance.
The system is set for commissioning by mid-2023.
This MOU is further to the strategic partnership agreement signed between Reliance and Ambri last year providing for an exclusive collaboration to set up a large-scale battery manufacturing facility in India, which could add scale and further bring down costs for Reliance’s green energy initiative.
As the largest private-sector corporation in India and a multinational conglomerate, Reliance is considering enabling and establishing 100 GW of solar generation capacity and has announced setting up of giga scale battery manufacturing to support round the clock and firm power supported by reliable, clean and affordable energy.
“Reliance plays a major role in India’s economic and energy future, and its commitment to address climate change meaningfully is noteworthy, especially given the country’s importance in solving this global challenge,” said Dan Leff, Executive Chair at Ambri.
“Ambri is proud to further strengthen this longstanding relationship with one of our strategic investors to support the increased integration of renewable energy resources and energy storage into their facilities.”
Reliance has set an ambitious target of achieving net-zero carbon by 2035 and has committed to invest more than US$10 billion to secure the promise of a sustainable future for generations to come with a mix of energy solutions that leverage hydrogen, wind, solar, fuel cells and batteries at their own facilities.
Ambri batteries’ unique chemistry utilizing commonly available, recyclable materials is an attractive solution, for Reliance’s stated objectives. Ambri’s Liquid Metal™ battery technology solves the world’s biggest energy problems, fundamentally changing the way power grids operate by increasing the contribution from renewable resources and reducing the need to build traditional power plants.
Ambri’s long-duration energy storage solution is built for daily cycling, even in extreme, harsh environments. With a lifespan of 20+ years with minimal fade, Ambri systems are not only extremely reliable but also safe, as Ambri systems do not produce or emit any gases and there is no possibility for thermal runaway. fiinews.com
