{"id":520236,"date":"2022-09-07T10:14:37","date_gmt":"2022-09-07T04:44:37","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=520236"},"modified":"2022-09-07T11:36:43","modified_gmt":"2022-09-07T06:06:43","slug":"reliance-to-acquire-us-based-solar-energy-software-maker-for-32-million","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/reliance-to-acquire-us-based-solar-energy-software-maker-for-32-million\/","title":{"rendered":"Reliance to acquire US-based solar energy software maker for $32 million"},"content":{"rendered":"<p>Reliance Industries on Tuesday said it will acquire a majority stake in California-based solar energy software developer SenseHawk for USD 32 million (around Rs 256 crore).<\/p>\n<p>The acquisition of a 79.4 per cent stake in SenseHawk is part of the conglomerate\u2019s aggressive push into renewable energy to decarbonise its oil and chemical-dominated business.<\/p>\n<p>SenseHawk, founded in 2018, develops tools for the solar industry to help companies streamline processes and use automation. It had a turnover of USD 2.3 million in last financial year.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reliance Industries on Tuesday said it will acquire a majority stake in California-based solar energy software developer SenseHawk for USD 32 million (around Rs 256 crore). The acquisition of a 79.4 per cent stake in SenseHawk is part of the conglomerate\u2019s aggressive push into renewable energy to decarbonise its oil and chemical-dominated business. SenseHawk, founded in 2018, develops tools for the solar industry to help companies streamline processes and use automation. It had a turnover of USD 2.3 million in last financial year.<\/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":[130],"tags":[],"class_list":["post-520236","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/520236","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=520236"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/520236\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=520236"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=520236"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=520236"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}