Servotech Acquires 27% Stake in Module Manufacturer Rhine Solar
The acquisition is part of Servotech’s plan to expand its solar solution offerings
June 24, 2025
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New Delhi-based solar solutions and electric vehicle (EV) charger manufacturer Servotech Renewable Power System (Servotech) has entered a definitive agreement to acquire a 27% stake in post-money valuation in solar module manufacturing company Rhine Solar.