Wednesday
May 14
2025

Press Release: BII Invests $100 Million in ReNew to Boost India’s Solar Manufacturing Ecosystem

ReNew Energy Global Plc (“ReNew”), a leading decarbonisation solutions company, has secured a $100 million (INR 8700 million) investment from BII to accelerate the growth of its solar manufacturing business in India. The investment will be made in ReNew Photovoltaics Private Limited (“ReNew Photovoltaics” or “Company”), ReNew’s dedicated solar manufacturing subsidiary in India.

Photo courtesy of andreas160578.

Source: British International Investment (link opens in a new window)

Categories
Energy, Investing
Tags
decarbonization, manufacturing, renewable energy, solar, supply chains