Glow Secures $30 Million to Boost Solar Expansion in Rajasthan

06 Dec 2024 CW Team

Green energy startup Glow has raised $30 million from venture capital firms Framework and Union Square Ventures to expand its solar power initiatives in Rajasthan. This funding aims to accelerate Glow's mission of promoting renewable energy adoption, according to a company statement.

Since its establishment in 2023, Glow has successfully launched three solar farms in Rajasthan, collectively generating 21.3 MW of solar capacity. These projects are based at Rays Power Experts' site near Bikaner. David Vorick, CEO and Co-founder, Glow, stated,

"This investment will enable us to scale operations, expand our solar farm network, and empower communities worldwide with clean, affordable energy, starting with India." (ET)

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