Glow raises USD 30 million to expand solar energy projects in India
Author: PPD Team Date: December 5, 2024
Author: PPD Team Date: December 5, 2024
Green energy startup Glow has secured USD 30 million (approximately Rs 2.5 billion) in funding from venture capital firms Framework and Union Square Ventures.
The investment will support Glow’s efforts to promote renewable energy adoption globally, with a primary focus on India.
Since its founding in 2023, Glow has launched three solar farms in Rajasthan, generating a total of 21.3 MW of solar power.
These facilities are located at Rays Power Experts’ site near Bikaner.
Glow’s CEO and co-founder, David Vorick, highlighted that the funding will enable the company to scale its operations, expand its solar farm network, and provide clean, affordable energy to communities worldwide.
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