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Serentica secures Rs 2600 crore funding from PFC for its renewable energy projects
Funding from PFC will go towards the development of Serentica’s upcoming 400 MW hybrid renewable energy projects in Karnataka.Read more
First Solar commences production at Indian Plant with $684 mn investment
The American company, First Solar that is establishing its inaugural manufacturing facility in India near Chennai, at Sriperumbudur, has initiated production.Read more
PMI Electro Mobility seeks Rs 250 Cr funding for production expansion
The company, currently in the process of establishing a new manufacturing facility in Pune, anticipates making an estimated investment of around Rs 150 crore to facilitate the expansion.Read more
US allocates $15.5 bn to boost electric vehicle transition
The United States Department of Energy is allocating $15.5 billion to facilitate the shift towards electric vehicles (EVs).Read more
Start-up TIEA Connectors receives Rs 3.81 crore funding from TDB-DST
Society for Innovation and Development (SID-IISc) incubated start-up receives significant funding to commercialise harsh environment micro-electronic connectors and terminalsRead more
Waaree Energies raises Rs 1000 cr in 2nd round of equity funding
The investment round was led by ValueQuest, an investment firm known for its strategic focus on sustainable and progressive ventures.Read more
Ripplr raises $40mn in series B funding round
Bangalore-based tech distribution and logistics startup, Ripplr has raised $40 million in a Series B round of funding. The company will utilise the funds to strengthen its supply chain tech platform, grow its team, and expand into newer geographies.Read more
Sterlite Power gets Rs 305 Cr funding from Aseem Infra Finance
Sterlite Power, a leading power transmission developer and solutions provider has achieved financial closure for its Kishtwar Transmission Limited (KTL) project located in Jammu and Kashmir (J&K).Read more
Waaree Energies raises Rs 1000 crores from private funding
The proceeds will be used for expansion plans of the company to increase its manufacturing capabilities in India from 2GW to 9GW for solar PV modules, of which 5GW is operational and the balance 4GW is expected to be operational by January 2023.Read more
New Leaf Dynamic raises Rs 6.15 cr funding from Good Ventures
New Leaf Dynamic Technologies aims to strengthen its product portfolio in the near future and make its existing product offering – a biomass-powered refrigeration unit GreenCHILL - available to a greater number of channel partners working towards fortifying India’s rural cold chain.Read more