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PV Magazine: Reliance Industries to invest $29 million in NexWafe

Reliance Industries to invest $29 million in NexWafe

Reliance New Energy Solar (RNES) has invested US$29 million in German wafer technology company NexWafe’s Series C financing round as it looks to establish wafer production facilities in India.

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PV Tech: Reliance invests US$29m in NexWafe, looks to establish ‘giga-scale’ wafer production in India

Reliance invests US$29m in NexWafe, looks to establish ‘giga-scale’ wafer production in India

Reliance New Energy Solar (RNES) has invested US$29 million in German wafer technology company NexWafe’s Series C financing round as it looks to establish wafer production facilities in India.

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Quartz: Ambani’s new energy business is on an investment spree to create Jio-like success

Ambani’s new energy business is on an investment spree to create Jio-like success

From two $1.14 billion acquisitions announced a few days ago to two more big-ticket deals in the past few hours, the wholly-owned subsidiary of Mukesh Ambani’s Reliance Industries (RIL) has been on an investment spree. Today (Oct. 13), the company formed in June, announced a $45 million investment in German firm Nexwafe.

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Bloomberg: Asia’s Richest Man Boosts Green Energy Push With Two More Deals

Asia’s Richest Man Boosts Green Energy Push With Two More Deals

Reliance New Energy Solar Ltd. agreed to invest NexWafe GmbH for 25 million euros ($28.8 million), the Indian group told the exchanges late Tuesday.

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Solar Builder: Consider the Source, Part 2: Factoring in embodied carbon

Consider the Source, Part 2: Factoring in embodied carbon

One contender looking to reduce the carbon footprint of wafers is NexWafe. Spun out from Fraunhofer Institute for Solar Energy Systems ISE in 2015, NexWafe’s Green Silicon EpiNex silicon wafers production eliminates intermediate steps and avoids mechanical machining from ingots.

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PV-Tech: NexWafe raises €10 million in a new Series B round of funding

NexWafe raises €10 million in a new Series B round of funding

Fraunhofer ISE spin-off NexWafe has raised €10 million in a new Series B round of funding as the company moves to another pilot production phase.