Mukesh Ambani, India's richest man, has been actively investing in green energy to diversify his firm away from crude oil. REC Solar is a renewable energy company. mukesh ambani made a surprising announcement a few hours later, announcing that reliance New Solar Energy, a subsidiary of reliance Industries, had purchased the Norwegian REC Solar, which is managed by the Chinese business Kemsina, for $ 771 million. .jpg)
The mukesh Ambani-led reliance New Solar Energy has announced the acquisition of Sterling & Wilson Solar by reliance Industries. On the same day, mukesh ambani bought the Norwegian company REC Solar and the indian company Sterling & Wilson Solar. In today's extremely competitive industry, the most important thing is to own two companies, one of which is more important for business expansion. Shapoorji Balonji Sterling & Wilson Solar, which is controlled by Shapoorji Balonji & Co and Kurshet Yasthi Daruwala, has purchased a 69.36 per cent share from mukesh Ambani.
Wilson & Sterling Sterling & Wilson is the world's leading company in the solar industry's EBC segment (engineering, procurement, and construction). Sterling & Wilson has installed solar panels in 26 countries, generating roughly 11 gigawatts of electricity. New Solar Energy reliance reliance New Solar Energy will be able to get more business in a short period thanks to these two companies.
Not only that but being able to trade internationally is unique. The prize is also considered as a jackpot since production and installation work for reliance New Solar Energy Solar Panels through the REC Solar-Sterling & Wilson combination could commence in the coming days.
click and follow Indiaherald WhatsApp channel