US-based startup Ambri’s development of liquid metal-based battery systems has gotten investment from Bill Gates and other investors, notably Indian conglomerate Reliance Industries. The investment in alternative battery technology is part of Reliance’s broader ambitions to develop renewable energy manufacturing facilities in India.
Liquid metal’s battery technology is claimed to offer significant cost, operational, and safety benefits to the current lithium-ion systems. Such energy storage systems – alongside other aspects of grid-scale technology – are important factors of renewable energy growth. Reliance’s investment in Ambri is also linked with the increased manufacturing capacity of the technology in India.