RSOLEC to invest $300 million into solar manufacturing venture in India

Renaissance Solar and Electronic Materials on Tuesday announced its solar manufacturing venture and a plan of USD 300 million investment in India.

“Renaissance Solar and Electronic Materials (RSOLEC), an innovative solar enterprise with operations in India and the USA, today announced its official launch and establishment, accompanied by a significant planned investment of about USD 300 million,” a company statement said.

With global reach and expertise in differentiated solar and electronic materials manufacturing, RSOLEC is set to revolutionise the industry with a strategic focus on Solar Crystal Growth and Wafering, it stated.

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