NEW DELHI (Reuters) -- India's Reliance Industries on Sunday announced acquisition of REC Solar Holdings for an enterprise value of $771 million from China National Bluestar (Group) as it seeks to become net carbon zero by 2035.
The purchase of the Norwegian solar panel maker by the conglomerate's Reliance New Energy Solar follows the June announcement by the parent - operator of the world's biggest refining complex - that it would invest $10.1 billion in clean energy over three years.
