{"id":524779,"date":"2022-09-24T12:51:09","date_gmt":"2022-09-24T07:21:09","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=524779"},"modified":"2022-09-24T12:51:09","modified_gmt":"2022-09-24T07:21:09","slug":"ril-arm-to-buy-20-per-cent-in-caelux","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/ril-arm-to-buy-20-per-cent-in-caelux\/","title":{"rendered":"RIL arm to buy 20 per cent in Caelux"},"content":{"rendered":"<p>Reliance New Energy Ltd (RNEL), a wholly owned subsidiary of Reliance Industries Ltd, is investing $12 million for a 20 per cent stake in Caelux Corporation. Caelux, based in Pasadena, California, US, is engaged in the development of perovskite-based solar technology.<\/p>\n<p>Its proprietary technology enables high-efficiency solar modules that can produce 20 per cent more energy over the 25-year lifetime of a solar project at significantly lower installed cost. Perovskite is a calcium titanium oxide mineral and devices made from this commodity offer better efficiencies.<\/p>\n<p>Reliance is setting up a global-scale integrated photovoltaic giga factory at Jamnagar, Gujarat. Through this investment and collaboration, the Mukesh Ambani-led firm said it will be able to produce more powerful and lower-cost solar modules leveraging Caelux\u2019s products.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reliance New Energy Ltd (RNEL), a wholly owned subsidiary of Reliance Industries Ltd, is investing $12 million for a 20 per cent stake in Caelux Corporation. Caelux, based in Pasadena, California, US, is engaged in the development of perovskite-based solar technology. Its proprietary technology enables high-efficiency solar modules that can produce 20 per cent more energy over the 25-year lifetime of a solar project at significantly lower installed cost. Perovskite is a calcium titanium oxide mineral and devices made from this commodity offer better efficiencies. Reliance is setting up a global-scale integrated photovoltaic giga factory at Jamnagar, Gujarat. Through this [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,245,148],"tags":[],"class_list":["post-524779","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-telegraph","category-the-telegraph"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/524779","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\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=524779"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/524779\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=524779"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=524779"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=524779"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}