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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
Bangalore-based Zetwerk raised $150 million in new funding
Zetwerk has raised $150 million in a Series E financing round. The company plans to deploy the fresh capital to broaden its technology stack and expand to more international markets.Read more
Global solar sector receives $ 9 bn funding in 9 months: Mercom
With solar sector picking up pace, the investments in the sector have showed a positive growth trend and are currently up by 34 per cent, says Mercom Capital Group in a report.Read more
ReNew Power secures OPIC debt funding of $350m
ReNew Power Limited has secured fresh debt financing of up to $350 million from the Overseas Private Investment Corporation (OPIC), the US government’s development finance institution.Read more
Total corporate funding in global solar sector comes to USD 7.1 bn in first nine months of 2017, reports Mercom Capital Group
Mercom Capital Group, llc, a global clean energy communications and consulting firm, released a new report on funding and merger and acquisition (M&A) activity for the solar sector in the third quarter of 2017 and the first nine months of 2017.Read more
