GREW Solar raises ₹1,050 crore led by Bay Capital to expand solar cell capacity to 8 GW.
Amount Raised
₹10.5 Billion
Round Type
Funding Round
AhmedabadManufacturingEnergyRenewable EnergySolarInvestors
Description
GREW Solar has raised ₹1,050 crore in a funding round led by Bay Capital Investment Limited, with participation from additional investors. The funds will support strategic expansion plans and enhance solar cell manufacturing capacity from 3 GW to 8 GW. This will reinforce GREW Solar’s position in India’s renewable energy sector. The company is committed to building a competitive solar manufacturing ecosystem in India.
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