New Delhi-headquared AMPIN Energy Transition Private Limited has announced that it had secured $50 million in investment from FMO, the Dutch entrepreneurial development bank, for developing greenfield renewable energy projects. The investment was described as supporting AMPIN’s expansion of its renewable energy portfolio across India and aligning with FMO’s objective of scaling climate-mitigation initiatives. It was also stated that the funding contributed to India’s national target of achieving 500 GW of non-fossil fuel energy capacity by 2030.