In Short : British International Investment (BII), Norfund, and IndiGrid have formed a $300 million partnership to invest in greenfield transmission and Battery Energy Storage Systems (BESS) projects in India. The collaboration aims to support India’s transition to renewable energy by strengthening the grid infrastructure and improving energy storage capabilities. The initiative will enhance the […]
Ola Electric to raise $300 mn for expansion plans to meet corporate needs – EQ Mag
E-vehicle manufacturer Ola Electric is close to raising funds of around USD 300 million for its expansion plans and to meet other corporate needs, sources close to the company said. The fresh round of fundraising comes amid expectations that Ola Electric would break even soon and achieve profitability. The fundraising would be managed by investment […]
Plan to invest $300 mn in solar, hybrid, battery storage projects annually: Rajat Seksaria, CEO, ACME Group – EQ Mag
Our target on a year basis is about 1.5 GW of new projects New Delhi: The company plans to have two to three green hydrogen projects under…Read More… Source: PTI
Bill Gate’s Breakthrough Energy Venture Plans to Invest USD 300 Mn in India
Breakthrough Energy Ventures- backed 1366 Technology is planning to invest USD 300 million in setting up a 2 GW solar wafer and cell manufacturing facility in India. Breakthrough Eene Founder and CEO Frank Van Milero informed that the US-based firm will set up the facility in government production- linked incentive (PLI) Scheme. Media reports state […]
US Solar Firm Plans $300 Mn Investment in India-Business Journal
Bill Gates’ Breakthrough Energy Ventures-backed 1366 Technologies plans to invest $300 million to set up a 2-gigawatt (GW) solar wafer and cell manufacturing facility in India under the government’s production-linked incentive (PLI) scheme, said chief executive and founder Frank van Mierlo. The US-based firm is in talks for an Indian partner, who will handle the […]