Reliance Sensehawk Usd 32 Million Deal Majority Stake Solar Energy Reliance

Tech

Reliance to Acquire Majority Stake in Solar Energy Software Developer SenseHawk for $32 Million

ByNews Polite September 6, 2022

Reliance Industries Limited (RIL) announced on Monday that it has signed an agreement with California-based solar energy software developer SenseHawk to acquire a majority stake in the company. The deal is worth $32 million (roughly Rs. 260 crore), “including funding for future growth, commercial rollout of products, and R&D.” Reliance…

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