In Short : Rotomag has acquired a 51% stake in Statcon Power Controls, a leading manufacturer of power converters. The acquisition strengthens Rotomag’s presence in the renewable energy equipment space, enhancing its capabilities in solar, wind, and energy storage solutions. This move aligns with Rotomag’s strategy to expand technologically and support India’s growing clean energy […]
Servotech Renewable Power System Ltd. acquires 27% Stake in Rhine Solar Ltd., Bolstering Solar Manufacturing Capabilities – EQ
New Delhi – Servotech Renewable Power System Ltd. (NSE: SERVOTECH), India’s leading solar solutions and EV charger manufacturer, has officially entered into a definitive agreement to acquire a 27% stake(Post-money valuation) in Rhine Solar Limited, a well-established ALMM-approved PV Module manufacturing company based in New Delhi, India.This strategic acquisition marks a significant milestone in Servotech’s […]
