{"id":441914,"date":"2021-10-12T12:14:06","date_gmt":"2021-10-12T06:44:06","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=441914"},"modified":"2021-10-12T12:14:06","modified_gmt":"2021-10-12T06:44:06","slug":"reliance-to-get-an-edge-in-solar-energy-biz-with-two-acquisitions-say-analysts","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/reliance-to-get-an-edge-in-solar-energy-biz-with-two-acquisitions-say-analysts\/","title":{"rendered":"Reliance to get an edge in solar energy biz with two acquisitions, say analysts"},"content":{"rendered":"<p>NEW DELHI:  India\u2019s richest billionaire Mukesh Ambani\u2019s Reliance Industries Ltd (RIL) gave a major push to the its ambitious solar business by acquiring two major firms on Sunday. RIL\u2019s acquisition of Norway-based REC Solar Holdings is likely to give the company a major cost advantage when it comes to solar equipment manufacturing.<\/p>\n<p> Analysts at Jefferies India said in a report that REC is the only company globally that has commercialised tech, which consumes 75% less power than Chinese competitors. \u201cREC has implemented the fluidised bed reactor (FBR) tech for producing polysilicon on a commercial scale. The FBR process consumes 75-80% less energy than the traditional Siemens process that Chinese players use,\u201d said the report.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI: India\u2019s richest billionaire Mukesh Ambani\u2019s Reliance Industries Ltd (RIL) gave a major push to the its ambitious solar business by acquiring two major firms on Sunday. RIL\u2019s acquisition of Norway-based REC Solar Holdings is likely to give the company a major cost advantage when it comes to solar equipment manufacturing. Analysts at Jefferies India said in a report that REC is the only company globally that has commercialised tech, which consumes 75% less power than Chinese competitors. \u201cREC has implemented the fluidised bed reactor (FBR) tech for producing polysilicon on a commercial scale. The FBR process consumes 75-80% [&hellip;]<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,243,143],"tags":[],"class_list":["post-441914","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-new-indian-express","category-the-new-indian-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/441914","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=441914"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/441914\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=441914"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=441914"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=441914"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}