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1 hour ago

Inox Clean Energy Plans $750M Boviet Solar Acquisition to Enter American Solar Market

Inox Clean Energy is planning to acquire US-based Boviet Solar in a deal valued at around $750 million (~₹7,000 crore) to enter the American solar market. Boviet, a top US solar equipment manufacturer, is undergoing strategic review by its parent amid regulatory challenges. The acquisition would help Inox expand globally, tap residential and commercial solar segments in the US, and strengthen its international renewable energy footprint.

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