27-October-2021
Corporate News
 
RIL invests in German solar wafer company NexWafe, signs pact with Danish hydrogen electrolyser firm Stiesdal
13-Oct-2021

Reliance Industries, through its unit Reliance New Energy Solar Ltd (RNESL), has invested in German “green solar wafers” technology company NexWafe GmbH (NexWafe), and signed a pact with Danish company Stiesdal A/S for hydrogen electrolyser, as part of a strategy to expand its clean energy portfolio through partnerships. Late on Tuesday, RIL said it had invested 25 million euros in a Series C financing round in NexWafe. The investment makes RIL a strategic lead investor in the company, which is developing and producing monocrystalline silicon wafers, also called green solar wafers, which are cost effective.

News Source:- https://economictimes.indiatimes.com/industry/renewables/ril-invests-in-german-solar-wafer-company-nexwafe-signs-pact-with-danish-hydrogen-electrolyser-firm-stiesdal/articleshow/86976478.cms