India: RIL's solar unit invests $29m in German firm NexWafe's Series C round

India: RIL's solar unit invests $29m in German firm NexWafe's Series C round

Photo: Pixabay

Indian oil-to-telecoms conglomerate Reliance Industries Ltd said on Tuesday that its solar unit Reliance New Energy Solar Ltd (RNESL) will buy preferred shares of German firm NexWafe worth 25 million euros ($28.82 million).