News > Reliance energy to acquire 20% stake in solar technology firm Caelux

Reliance energy to acquire 20% stake in solar technology firm Caelux

CNBC TV18 | 23/09/2022 10:35 AM | Click to read full article

Mini Reliance Industries Energy will acquire a 20 percent stake in California-headquartered company Caelux Corporation for $12 million, the company announced on Friday.

Reliance Industries’ wholly-owned subsidiary has also entered into a strategic partnership agreement with the solar tech firm for technical collaboration and commercialization of the latter’s technology. 

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