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Reliance acquires 20 pc stake in solar tech firm Caelux for USD 12 million - Jammu Kashmir Latest News | Tourism

New Delhi, Sept 23: Reliance Industries Ltd on Friday said it has acquired a 20 per cent stake in California-based solar tech firm Caelux for USD 12 million as it strengthens its new energy manufacturing capabilities. Reliance New Energy Ltd, a wholly-owned subsidiary of the firm, signed definitive agreements to invest in Caelux Corporation, a Pasadena, California-headquartered company engaged in the development of perovskite-based solar technology, it said in a statement. The partnership is exp...
United States United Kingdom New Delhi Mukeshd Ambani Scott Graybeal Caelux Corporation

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