Reliance Industries news: This investment is expected to accelerate product and technology development for Caelux, including the construction of its pilot line in the US, for expediting the commercial development of its technology, the statement added.
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.
/PRNewswire/ Reliance New Energy Limited ("RNEL"), a wholly owned subsidiary of Reliance Industries Ltd ("Reliance"), has today signed definitive agreements.