Reliance Industries acquires majority stake in SenseHawk
SenseHawk has actually introduced that Reliance Industries Limited (RIL) is acquiring a bulk stake in the company via an investment of $32 million in the direction of future growth, industrial rollout of products and also R&D. RIL strategies to use the SenseHawk Solar Digitization Platform (SDP) to present its strategy to develop 100 GW by 2030.
Sep 15, 2022 // Markets & Finance News, Software, USA, North America, SenseHawk, Reliance Industries
REC Solar introduces major recruitment drive in India as it increases HJT capacity growth
Module manufacturer REC Solar, in cooperation with its parent company Reliance Industries, has actually ramped up recruitment of staff for its India solar factory that is presently unfinished.
Aug 15, 2022 // Manufacturing News, India, Asia, heterojunction, REC Group, Singapore, module manufacturing, HJT, Reliance Industries
Reliance to spend US$ 80bn in 100GW project pipeline, PV production as well as green hydrogen 'ecosystem' in India
Reliance Industries has actually authorized a Memorandum of Understanding (MoU) with the government of Gujarat for a total investment of INR5.955 lakh crore (US$ 80 billion) over 10-15 years to establish 100GW of renewables and also set up green technology production centers in the state.
Jan 14, 2022 // Manufacturing News, Markets & Finance News, India, pv power plants, pv modules, Asia, solar cell, wafer, gujarat, green hydrogen, electrolysers, reliance group, Reliance Industries
Reliance formally obtains 15.5% stake in Sterling and Wilson
India-based EPC and O&M options service provider Sterling as well as Wilson has accepted a part of equity shares that will provide Reliance New Energy Solar a 15.46% stake in the business.
Jan 4, 2022 // Markets & Finance News, EPC, India, Asia, sterling and wilson, acquisition, Reliance Industries, Reliance New Energy Solar
The US Doubles Down On Energy Storage Capacity
Some market projections for United States indicate that the nation's set up energy storage capacity will certainly get to concerning 4 GW by end-2021 and also additional to 7 GW in 2025, consequently helping with the US Energy Storage Associations targets for 2030.
Dec 13, 2021 // Markets & Finance News, Storage, USA, BESS, North America, KORE Power, Reliance Industries, ESA storage targets, Strata Clean
India preparing more than five-fold rise in financing for PLI solar production plan
India's government is set to scale up funding for its production-linked reward (PLI) programme for solar production as it eyes exports of PV equipment.
Nov 15, 2021 // Manufacturing News, Markets & Finance News, India, Asia, RK Singh, PLI, production-linked incentive, Reliance Industries, indian renewable energy development agency, Jindal India Solar Energy, Shirdi Sai Electricals
Reliance invests US$ 29m in NexWafe, aims to develop 'giga-scale' wafer production in India
Reliance New Energy Solar (RNES) has invested US$ 29 million in German wafer modern technology business NexWafe's Series C funding round as it looks to develop wafer production facilities in India.
Oct 13, 2021 // Manufacturing News, Markets & Finance News, India, Asia, wafers, monocrystalline wafer, nexwafe, reliance group, Reliance Industries
Reliance purchases REC Group, prepares to sustain new module centers in France and US
A subsidiary of Indian corporation Reliance Industries has actually gotten solar module maker REC Group and a 40% stake in EPC as well as O&M services supplier Sterling and also Wilson.
Oct 11, 2021 // Manufacturing News, USA, EPC, France, India, Europe, Asia, REC Group, Singapore, North America, sterling and wilson, acquisition, Reliance Industries
India's PLI solar manufacturing scheme obtains 55GW of bids
A new support plan from India's federal government to boost the residential manufacture of PV modules has actually seen 18 bidders send 54.8 GW of applications, according to consultancy JMK Research & Analytics.
Sep 27, 2021 // Manufacturing News, India, First Solar, Asia, module manufacturing, Adani, JMK Research, PLI, module production, Reliance Industries
Reliance Signs Up With Bill Gates, Paulson To Pump $144 M Into Energy Storage Firm Ambri Inc
The offer makes Reliance Ambri's Strategic companion in India for battery production. With records of procurements in the module space also floating about, Reliance has actually increased down on its tidy energy passions revealed in June this year.
Aug 10, 2021 // Markets & Finance News, Storage, Bill Gates, Mukesh Ambani, Reliance Industries, Ambri Inc, Japan Energy Fund, John Paulson, Perpetua Resources, RIL, Reliance New Energy solar Ltd, RNESL
India's Reliance intends to enable at the very least 100GW of solar through new renewables push
Indian corporation Reliance Industries will create an incorporated PV module factory as well as look to enable greater than 100GW of solar by 2030 as part of a US$ 10.1 billion clean power strategy.
Jun 26, 2021 // Manufacturing News, ENERGY STORAGE, India, Asia, green hydrogen, energy transition, module manufacturing, reliance group, Reliance Industries
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