06-October-2026
Corporate News
 
Renaissance Solar to invest Rs 5,000 crore in Karnataka
05-Oct-2026

Renaissance Solar and Electronic Materials (RSOLEC), an Indo-US joint venture, plans to invest Rs 5,000 crore to set up a 5 GW solar ingot and wafer manufacturing facility in Tumakuru, Karnataka industries minister MB Patil said. The company has sought 100 acres of land in the Chennai-Bengaluru Industrial Corridor (CBIC) region in Tumakuru for the proposed facility, Patil said in a statement after meeting RSOLEC chairman and CEO Milind S Kulkarni on Thursday.

News Source:- https://economictimes.indiatimes.com/industry/renewables/renaissance-solar-to-invest-rs-5000-crore-in-karnataka/articleshow/134619527.cms