Norwegian firm REC Solar Holdings installed nearly 10,000 solar panels on the rooftop of German carmaker Audi’s A1 model assembly lines in Brussels, Belgium, in 2013. Photo: Agence France-Presse
Norwegian firm REC Solar Holdings installed nearly 10,000 solar panels on the rooftop of German carmaker Audi’s A1 model assembly lines in Brussels, Belgium, in 2013. Photo: Agence France-Presse

ChemChina unit sells Europe’s top solar-panel maker to billionaire Mukesh Ambani’s Reliance Industries for US$771 million

  • The acquisition will give Reliance a ready global platform and an opportunity to grow in key green energy markets worldwide
  • Reliance will also support REC’s expansion plans in the US, France and Singapore

Norwegian firm REC Solar Holdings installed nearly 10,000 solar panels on the rooftop of German carmaker Audi’s A1 model assembly lines in Brussels, Belgium, in 2013. Photo: Agence France-Presse
Norwegian firm REC Solar Holdings installed nearly 10,000 solar panels on the rooftop of German carmaker Audi’s A1 model assembly lines in Brussels, Belgium, in 2013. Photo: Agence France-Presse
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