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Glow Raises USD 30 Mn for Solar Expansion in Rajasthan

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By Rediff Money Desk, New Delhi   Dec 04, 2024 14:11

Glow, a green energy startup, secures USD 30 million funding for solar power expansion in Rajasthan, aiming to accelerate renewable energy adoption in India.
Glow Raises USD 30 Mn for Solar Expansion in Rajasthan
New Delhi, Dec 4 (PTI) Glow, a startup in the green energy space, has secured USD 30 million funding (about Rs 250 crore) from venture capital firms Framework and Union Square Ventures.

The investment will fuel Glow's mission to accelerate the adoption of renewable energy, the company said in a statement.

Since its inception in 2023, Glow's three solar farms have already gone live in Rajasthan, generating a total of 21.3 MW of solar capacity. These projects are located at Rays Power Experts's site near Bikaner.

"This investment will enable us to scale our operations, expand our network of solar farms, and empower communities around the world with clean, affordable energy, starting with India," said David Vorick, CEO and co-founder of Glow.
Source: PTI
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