In Short : Promoters of CleanMax, a leading renewable energy solutions provider, have raised ₹400 crore in a pre-IPO funding round. The capital infusion will support the company’s growth plans, debt reduction, and expansion of its clean energy portfolio. This strategic move strengthens CleanMax’s position ahead of its anticipated initial public offering (IPO). In Detail […]
PURE plans ₹400 crore capex over next three years in energy storage business – EQ
In Short : PURE plans to invest ₹400 crore over the next three years to scale its energy storage capacity from 250 MWh to 2.5 GWh. The investment will support expansion in battery manufacturing, power electronics, and firmware. PURE also launched a 5 MWh PuREPower Grid storage system to boost renewable integration and EV charging, […]