Brookfield Asset Management and Indian conglomerate Reliance Industries have signed a memorandum of understanding (MoU) to pursue renewable energy manufacturing opportunities in Australia.
A number of solar module manufacturers have reportedly bid for financial incentives offered by the Indian government to expand domestic manufacturing of solar panels.
Solar equipment manufacturer SC Solar has signed a 5.2GW heterojunction module automation production line supply agreement with Indian conglomerate Reliance Industries.
Norway-based solar manufacturer REC Group has begun production of its new REC N-Peak 3 Black Series of rooftop solar panels, the third generation of its n-type TOPCon cell-based solar panels.
A subsidiary of Indian conglomerate Reliance Industries will invest US$12 million to acquire a 20% stake in Caelux Corporation, a California-based company working on perovskite solar technology.