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Indian solar manufacturer Waaree Energies has raised INR 1,000 crore ($122.4 million) from a number of private investors to support its module capacity expansion to 9 GW and its new cell line to 5.4 GW.
For ethical reasons investors may choose not to invest in energy or commodities, so these funds will not be suitable for every investor. But in highly-pressured markets which most analysts agree will get worse before they get better, energy and commodity focused funds should be considered.
Bharat Bhut - For Indian solar industry to rise up in the global renewable energy order and becoming truly Atmanirbhar, only building a conducive environment for encouraging domestic manufacturing will not be enough. Encouraging innovation through increased research and development (R&D) push can spur the sector towards self-reliance, , solar industry, research and development, Atmanirbhar Bharat Abhiyan, self reliance
Investegate announcements from Montanaro UK SmlrCos, Annual Results and Notice of AGM - Replacement
Solar projects in India are getting costlier to execute with the country now expected to see a slower pace of addition this year than what is required to achieve its 2030 renewable energy target.