GREW Solar, an India-based manufacturer of PV modules, has announced that it has raised INR 300 crore(~ $36 million) from investors, including Vijay Kedia and Rohit Kothari of GeeCee Holdings. According to GREW Solar, the funds will be allocated to product development, strengthening technological infrastructure, and expansion activities. The company has confirmed that the investment includes scaling its Dudu plant, which is being expanded to 11 GW. GREW Solar stated that these measures were part of its ongoing growth initiatives to increase capacity and enhance operations. The funding marked a key step in Grew Solar ’s plans to meet demand and support its manufacturing development in India’s solar sector.2
GREW Solar secures Rs 300 cr funding for expansion in Dudu
An investment of INR 300 crore was secured by GREW Solar from Vijay Kedia and Rohit Kothari of GeeCee Holdings to expand its 11 GW Dudu plant.
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