Ritika
Mukesh Ambani Latest News: Mukesh Ambani’s company Reliance Industries has completed a big deal in the new energy sector. Reliance New Energy Limited (RNEL) has announced an investment in the American company Caelux Corporation (“Caelux”). An agreement has been signed between the two companies. According to a media release, the company will invest $12 million to acquire a 20% stake in Caelux. Let us tell you that the headquarter of Caelux Corporation is in Pasadena, California, United States. This company belongs to perovskite-based solar technology.
What is Reliance’s plan?
This investment will accelerate product and technology development for Caelux. Speaking about this investment, Mukesh Ambani, Chairman and MD, Reliance Industries Limited, said that investment in Caelux will strengthen the global footprint. He added, “We believe that Caelux’s proprietary perovskite-based solar technology will help us reach the next level of innovation in crystalline solar modules. We are working with the team at Caelux to accelerate its product development and commercialization of its technology. will do.”
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An investment of ₹ 75,000 crore was announced at the AGM
Let us tell you that Reliance had informed about investing Rs 75,000 crore in the new energy sector in its AGM last month. In the annual meeting, Mukesh Ambani had said that Reliance is committed to invest Rs 75,000 crore in the Jamnagar-based new energy manufacturing ecosystem and the company wants to fulfill its promise soon. Reliance wants to achieve 20 GW of solar power generation capacity by 2025. Let us tell you that Reliance’s focus on green energy is increasing continuously and Mukesh Ambani has given the responsibility to his younger son Anant Ambani.
