BusinessPhoto: Mercom IndiaSolarworld Acquires 50% Stake in 2.4 GW Solar Cell JV
Solarworld Energy Solutions has acquired a 50% equity stake in Rays Green Energy Manufacturing for ₹268.2 million (approximately $2.83 million) as part of the first tranche of its equity subscription. This investment strengthens Solarworld's position in the solar cell manufacturing sector with a joint venture capacity of 2.4 GW.
Mercom India·




