INA raises $2.5 mn, to expand capacity
POWER & RENEWABLE ENERGY

INA raises $2.5 mn, to expand capacity

The Energy Access Relief Fund (EARF), which is administered by Social Investment Managers and Advisers (SIMA), USA, and is sponsored by the World Bank, IFC, BlI, DFC, and others, provided Insolation Energy Ltd (INA Solar) with $2.5 million in subsidised funding.

The first Rajasthani manufacturer of solar panels to be listed on the BSE SME platform is INA Solar, with its headquarters in Jaipur.

The money has come at the appropriate time, according to firm chairman Manish Gupta, as the business plans to increase its capacity.

"India has set an ambitious goal of 500 GW of renewable energy by 2030, and INA Solar will be essential to achieving the goal. The capacity of INA Solar to produce solar panels will increase to 1.2 GW, while its capacity to produce solar cells will increase to 500 MW over the following two to three years, "Gupta remarked.

The two of them currently have a 700 MW yearly manufacturing capacity. The company's plant at Daulatpura produces solar panels, batteries, and inverters.

Redefine the future of urban mobility! Join us at the Metro Rail Conference 2025 to explore groundbreaking ideas and insights. 👉 Register today!

The Energy Access Relief Fund (EARF), which is administered by Social Investment Managers and Advisers (SIMA), USA, and is sponsored by the World Bank, IFC, BlI, DFC, and others, provided Insolation Energy Ltd (INA Solar) with $2.5 million in subsidised funding. The first Rajasthani manufacturer of solar panels to be listed on the BSE SME platform is INA Solar, with its headquarters in Jaipur. The money has come at the appropriate time, according to firm chairman Manish Gupta, as the business plans to increase its capacity. India has set an ambitious goal of 500 GW of renewable energy by 2030, and INA Solar will be essential to achieving the goal. The capacity of INA Solar to produce solar panels will increase to 1.2 GW, while its capacity to produce solar cells will increase to 500 MW over the following two to three years, Gupta remarked. The two of them currently have a 700 MW yearly manufacturing capacity. The company's plant at Daulatpura produces solar panels, batteries, and inverters.

Next Story
Real Estate

Colliers India Transacts 207,000 sq ft office space at Embassy TechVillage

Embassy Office Parks REIT, India’s first listed REIT and the largest office REIT in Asia by area, announced that it has signed an Agreement to Lease (‘ATL’) with global cyber security company Rubrik at Embassy TechVillage in Bengaluru.Colliers, a leading global diversified professional services company, specialising in commercial real estate services, engineering consultancy and investment management facilitated the transaction for Rubrik.Located on Bengaluru’s Outer Ring Road, Embassy TechVillage is one of Embassy REIT’s flagship office parks which offers world-class office spaces, ..

Next Story
Infrastructure Urban

Ensemble Infrastructure India Appoints Suman Saha as Director of Design

Ensemble Infrastructure India Ltd, a leading workplace design and build fit-out company, has appointed Suman Saha as its new Director of Design. With 25 years of experience in the industry, Suman is recognized for his innovative approach and excellence in design leadership.Working closely with the CEO, Suman’s appointment will enhance the company’s design communication across multiple touchpoints, ensuring smooth collaboration between clients, designers, and execution teams for superior project outcomes. Under his guidance, Ensemble will focus on creating workspaces and design labs that em..

Next Story
Products

Ribbon Vanity by Küche7: Fluid Design Meets Everyday Elegance

Küche7, pioneers in luxury stainless steel kitchens, have unveiled the Ribbon Vanity, a graceful creation that transforms bathroom spaces with its soft, flowing design and understated sophistication. Inspired by the fluid form of a ribbon, this vanity combines smooth finishes, clean lines, and gentle curves, offering a timeless aesthetic that seamlessly complements diverse interior styles.Available in a refined blush pink hue, the Ribbon Vanity effortlessly merges functionality with elegance. With thoughtfully designed storage options, it ensures that bathroom essentials are neatly organised ..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000