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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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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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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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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.