{"id":442102,"date":"2021-10-13T08:01:44","date_gmt":"2021-10-13T02:31:44","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=442102"},"modified":"2021-10-13T08:32:14","modified_gmt":"2021-10-13T03:02:14","slug":"reliance-new-energy-solar-to-invest-in-nexwafe-as-strategic-lead-investor","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/reliance-new-energy-solar-to-invest-in-nexwafe-as-strategic-lead-investor\/","title":{"rendered":"Reliance New Energy Solar to invest in NexWafe as strategic lead investor"},"content":{"rendered":"<p>NexWafe GmbH (NexWafe) on Tuesday announced the induction of Reliance New Energy Solar Ltd (RNESL), a wholly-owned subsidiary of Reliance Industries Ltd, as a strategic lead investor in its 39 million euros ($45 million) Series C financing round with an investment of 25 million euros ($29 million) in phase one.<\/p>\n<p>The investment by Reliance will accelerate product and technology development for NexWafe, including completion of the commercial development of NexWafe&#8217;s solar photovoltaic products on prototype lines in Freiburg.<\/p>\n<p>Reliance and NexWafe have also entered into an India Strategic Partnership Agreement providing for joint technology development and commercialisation, at scale, of high- efficiency monocrystalline &#8220;green solar wafers&#8221;.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NexWafe GmbH (NexWafe) on Tuesday announced the induction of Reliance New Energy Solar Ltd (RNESL), a wholly-owned subsidiary of Reliance Industries Ltd, as a strategic lead investor in its 39 million euros ($45 million) Series C financing round with an investment of 25 million euros ($29 million) in phase one. The investment by Reliance will accelerate product and technology development for NexWafe, including completion of the commercial development of NexWafe&#8217;s solar photovoltaic products on prototype lines in Freiburg. Reliance and NexWafe have also entered into an India Strategic Partnership Agreement providing for joint technology development and commercialisation, at scale, of [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,232],"tags":[],"class_list":["post-442102","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/442102","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\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=442102"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/442102\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=442102"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=442102"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=442102"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}