Swiss clean energy company Candi Solar receives $38m in Series C funding for solar projects in India and Africa.

Swiss clean energy company Candi Solar has secured $38 million in equity investment from Norfund, Kyuden International, and STOA as part of a Series C funding round. Candi Solar plans to use the funds to finance an additional 200 MW of business solar projects and support strategic hiring initiatives to support its rapid expansion in India and Africa. The company's current portfolio includes 112 MW of green energy projects in India.

10 months ago
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