Analyst Corner: Possible REC Solar buy could reduce RIL’s execution risk

Key takeaway: RIL could acquire REC Solar, reports media. REC is a fully integrated solar PV maker with similar ambitions to RIL. It is the only player globally to commercialise a tech that consumes 75% less power than Chinese comps. It has patented tech and has a long operating record of reliability. Challenge in stabilising yield has prevented wider adoption of REC’s tech. The possible acquisition could lower RIL’s execution risk but wouldn’t eliminate it.