Reliance New Energy Limited (RNEL) is an Indian public limited company, incorporated on June 7, 2021, and operates as a wholly-owned subsidiary of the multinational conglomerate Reliance Industries Limited (RIL). Headquartered in Mumbai and Jamnagar, India, RNEL is a key component of RIL's ambitious "New Energy" vision to build a fully integrated clean energy ecosystem and achieve net-zero carbon status by 2035. For the financial year ending March 31, 2025, RNEL reported revenue between ₹100 crore and ₹500 crore (approximately $12 million to $60 million USD), with a paid-up capital of ₹6,450 crore (approximately $770 million USD).
RNEL is actively developing and manufacturing a comprehensive suite of green energy products and services. Its operations encompass solar photovoltaic (PV) module manufacturing with a 10 GW annual capacity, scalable to 20 GW, PV cell production, and advanced energy storage solutions including battery-cell and pack manufacturing (20-30 GWh). The company is also involved in green hydrogen production, electrolysers, fuel-cell systems, and power-electronics devices. Key initiatives include the Dhirubhai Ambani Green Energy Giga Complex in Jamnagar, and strategic acquisitions such as REC Solar, Faradion Ltd (sodium-ion battery technology), and Lithium Werks, which bolster its technological capabilities across the clean energy value chain.
In terms of patent litigation, Reliance New Energy Limited currently maintains a posture as a plaintiff, with one tracked case and no appearances as a defendant. This indicates an operating company actively involved in asserting its intellectual property rights or challenging those of others, rather than being a non-practicing entity.
The company's sole tracked litigation, REC Solar Holdings AS et al. v. Maxeon Solar Pte Ltd., was filed as a plaintiff on February 14, 2025, before the Patent Trial and Appeal Board (PTAB). This case is directly connected to RNEL's acquisition of REC Solar, reflecting its strategic engagement in protecting and leveraging the intellectual property acquired through its expansion into the global renewable energy market.