reliance

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Reliance Subsidiary REC Solar Holdings to Sell REC Solar Norway for $22 Million

REC Solar Holdings, a 100% step-down subsidiary of Reliance Industries, has entered into a share purchase agreement with Norway-based Elkem to sell a 100% equity stake...

January 15, 2024

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Arjun Joshi

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Finance and M&A

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Solar
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Reliance, Jindal, Adani Among Winners of SECI’s Electrolyzer Manufacturing Auction

Reliance Electrolyzer Manufacturing (Reliance), John Cockerill Green Hydrogen Solutions, Jindal India, and Adani New Industries were among the winners of Solar Energy...

January 12, 2024

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Satish Shetty

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Other

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Renewable Energy

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Tenders and Auctions
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Greenko, ACME, Reliance Among Winners of SECI’s Green Hydrogen Manufacturing Auction

Reliance Green Hydrogen and Green Chemicals (Reliance), ACME Cleantech Solutions, Greenko ZeroC (Greenko), HHP Two (Hygenco), and Bharat Petroleum Corporation were among...

January 2, 2024

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Satish Shetty

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Other

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Renewable Energy

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Tenders and Auctions
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Daily News Wrap-Up: Reactive Power Support for Renewables Key to Prevent Blackouts

The drive towards energy security and cleaner power sources has led to robust renewable energy capacity additions in India. Among renewables, solar and wind energy –...

August 30, 2023

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Mercom Staff

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Daily Wrap-up
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Reliance, Others Invest $12 Million in Perovskite Solar Tech Firm Caelux

Caelux, a U.S.-based perovskite solar cell technology firm, has announced the closure of a $12 million series A3 funding round led by Temasek, a global investment...

August 16, 2023

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Satish Shetty

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Finance and M&A

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Solar
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Reliance, Tata, and ReNew Among Winners for Solar Module Manufacturing PLI

The Solar Energy Corporation of India (SECI) has declared the winners who would be eligible to receive a total of ₹139.4 billion (~$1.69 billion) under Tranche II of the...

March 28, 2023

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Arjun Joshi

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Solar

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Tenders & Auctions
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Reliance, ReNew, Tata Power Among Bidders for Solar Module PLI Tranche II

Solar module manufacturers, including Reliance Industries, ReNew Power, and Tata Power, are among the bidders for the second phase (Tranche II) of the Production-Linked...

March 2, 2023

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Arjun Joshi

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Manufacturing

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Solar
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Reliance Acquires 20% Stake in Perovskite-based Solar Tech Firm Caelux for $12 Million

Reliance New Energy (RNEL), a wholly-owned subsidiary of Reliance Industries, has acquired a 20% stake for $12 million in California-headquartered Caelux Corporation, a...

September 23, 2022

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Sumit Jha

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Finance and M&A

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Solar
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Reliance to Acquire Majority Stake in Solar Software Company SenseHawk for $32 Million

Reliance Industries (RIL) has signed definitive agreements to acquire a 79.4% stake in SenseHawk, a solar digitization platform SaaS that helps customers develop, build...

September 6, 2022

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Gourav Mishra

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Finance and M&A

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Solar
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Reliance, Ola and Rajesh Exports Sign Agreement for Battery Storage Under PLI Program

Reliance New Energy, Ola Electric Mobility, and Rajesh Exports have signed the program agreement under the Production Linked Incentive (PLI) Program for Advanced...

August 2, 2022

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Vijayalakshmi Sridhar

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Energy Storage

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Market & Policy
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Daily News Wrap-Up: Reliance Merges its Renewable Energy Arm Into the Company

Here are some noteworthy cleantech announcements of the day from around the world: Reliance Industries announced the amalgamation of its wholly-owned subsidiary Reliance...

June 3, 2022

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Satish Shetty

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Uncategorized
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Reliance to Purchase Production Lines for HJT Cells With an Annual Capacity of 4.8 GW

Reliance Industries Limited has signed a letter of commitment (LoC) with Maxwell Technology, a wholly-owned subsidiary of Suzhou Maiwei Technology — to purchase eight...

April 20, 2022

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Gourav Mishra

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Markets & Policy

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Solar
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Reliance, Ola, Hyundai, Rajesh Exports Win Bid to Set Up 50 GWh of ACC for Energy Storage

Reliance New Energy Solar, Ola Electric Mobility, Hyundai Global Motors, and Rajesh Exports have been approved by the Ministry of Heavy Industries (MHI) for receiving...

March 21, 2022

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Arjun Joshi

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Energy Storage

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Tenders & Auctions
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Reliance Acquires Lithium Iron Phosphate Battery Maker for $61 Million

Reliance New Energy Limited (RNEL), a wholly-owned subsidiary of Reliance Industries, substantially acquired all assets of Lithium Werks BV, a provider of cobalt-free...

March 15, 2022

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Gourav Mishra

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Energy Storage

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Finance and M&A
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Sterling and Wilson Renewable Energy’s Total Income Up by 11.5% YoY in Q3 FY 2022

Sterling and Wilson Renewable Energy (formerly Sterling and Wilson Solar), the solar engineering and construction arm of the Shapoorji Pallonji Group, recorded a total...

February 16, 2022

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Harsh Shukla

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Finance and M&A

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Solar

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