Reliance invests $29 mn into Germany’s NexWafe. 4th strategic move in renewable space

Reliance’s solar unit Reliance New Energy Solar Ltd (RNESL) will buy preferred shares of German firm NexWafe worth 25 million euros ($28.82 million). NexWafe is developing and producing monocrystalline silicon wafers grown directly from inexpensive raw materials, going directly from the gas phase to finished wafers. This is expected to give solar manufacturers a significant … Read more

Borosil Renewable to more than double the capacity by July 2022

The Company is in the process of expanding it’s production capacity of solar glass by adding a 3rd furnace (SG-3) of 550MT/ day that would more than double it’s total current capacity of about 500 MT. This would allow the Company to cater to a total solar industry demand of about 5GW annually as against … Read more