In Short : British International Investment (BII) has invested \$100 million for a 10% stake in ReNew Photovoltaics, the solar manufacturing arm of ReNew Energy Global. The investment will fund a 4 GW TOPCon solar cell facility in Dholera, Gujarat, boosting ReNew’s manufacturing capacity to 6.4 GW for both modules and cells, creating over 2,000 […]
World Bank Approves $100 Mn INSPIRES Operation For Skill Development In Sikkim – EQ
In Short : The World Bank has approved a $100 million INSPIRES operation to support skill development in Sikkim. This significant financial backing aims to enhance educational and vocational training opportunities, fostering skill development and economic empowerment in the region. In Detail : According to the World Bank, the USD 100 million Sikkim: Integrated Service […]
AMO Electric to raise $100 mn to expand product range, sales infra next fiscal – EQ Mag Pro
Electric two-wheeler maker AMO Electric is looking to raise about USD 100 million next fiscal as it looks to scale up R&D to introduce new products, expand manufacturing capacity and enhance sales infra across the country in order to consolidate its position in the sector. The Noida-based company currently sells four electric scooters through a […]