According to Bloomberg, Reliance Industries is in talks with China’s CATL and other suppliers to buy battery energy storage system components for its Jamnagar facility in Gujarat, as it navigates tighter Chinese export restrictions on battery technology. The discussions provide Reliance a backup supply source following delays in its partnership with Xiamen Hithium and after earlier technology transfer negotiations with CATL stalled. BloombergNEF projects India’s energy storage market will reach 336.7 GWh by 2035. No deal has been finalized.
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