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Reliance Industries arm completes acquisition of REC Solar Holdings from China National Bluestar; Stock up 1% – EQ Mag Pro

The acquisition of REC will help Reliance with a ready global platform and the opportunity to expand and grow in key green energy markets globally. Reliance New Energy Solar Ltd (RNESL), a wholly-owned subsidiary of Reliance Industries Ltd (RIL), has on Wednesday completed the acquisition of 100% shareholding of REC Solar Holdings AS (REC Group) […]

PFC, Goa govt sign pact for green energy initiatives – EQ

Reliance buys REC Solar for $771 million

NEW DELHI : India’s Reliance Industries Ltd on Sunday announced acquisition of REC Solar Holdings for an enterprise value of $771 million from China National Bluestar (Group) Co Ltd as it seeks to become net carbon zero by 2035. The purchase of the Norwegian solar panel maker by the conglomerate’s Reliance New Energy Solar Ltd […]

Status Report of the Committee appointed by the Hon’ble Supreme Court of India – EQ

REC Solar saves California school district millions through innovative solar energy solutions

– Pleasanton Unified School District is the latest education system to work with REC Solar to deploy on-site solar plus storage solutions – Installations illustrate the education market’s need to control peak demand and lower costs SAN LUIS OBISPO, Calif.: REC Solar, a subsidiary of Duke Energy Renewables, is working with the Pleasanton Unified School […]

Flexible geothermal power approach combines clean energy with a built-in ‘battery’-EQ