CapEx News
Project News,Updates,Bids & Tenders for Consultants,EPC Contactors,Industrial Suppliers & Service Providers
Ampin Energy Transition $35 million to expand solar capacity in India
Power Generation - May 08,2024 -AMPIN Energy Transition has bagged funding of up to $35 million from responsability, an investor focusing on private markets, to help AMPIN expand its clean energy projects across India.
The investment is part of responsAbility's $500 million plan to fight climate change in Asia and is the company's biggest climate investment yet and will.
This aligns with the responsAbility's investor goal of funding solutions that benefit both society and the environment in developing countries.
AMPIN has a diverse portfolio that exceeds 3GW, serving businesses and utilities across 21 states. With the backing of prominent global investors, AMPIN aims to reach 10 GW by 2030.
The funds will be used by AMPIN for various clean energy projects, especially solar power, for businesses and industries across different sectors in India.
This includes manufacturing, auto, healthcare, and data centers.
By 2030, AMPIN plans to increase its capacity tenfold and contribute to India's ambitious goal of 500 GW of renewable energy.
responsAbility
Recent News
◉ SWELECT Energy secures over 150 MW of solar module - Mar 13,2025◉ RVNL emerges as lowest bidder for Rs 554.64 crore road contract - Mar 13,2025
◉ MoU inked for developing Multi-Modal Logistics Park in Varanasi - Mar 13,2025
◉ Danfoss India to invest Rs 1,200 crore by 2028 - Mar 13,2025
◉ SJVN to develop Rs 9,500 crore pumped storage project - Mar 13,2025
◉ JNPA signs concession agreement for Rs 285-crore agri-processing facility - Mar 13,2025
◉ Montra Electric opens e-SCV manufacturing plant in Chennai - Mar 13,2025