Reliance Industries to acquire majority stake in U.S. solar startup
From pv magazine India Reliance Industries revealed plans to acquire 79.4% of California-based SenseHawk for $32 million by the end of this year. SenseHawk develops software-based tools for solar asset management. It accelerates solar projects from planning to production by helping companies to streamline processes and use automation. Reliance Industries, which recorded a net profit of $9 billion in fiscal 2021-22, …
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