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News Brief | July 2014

CaptureSolar gets $125 million funding

Solar power producer CaptureSolar Energy (CSEL) has raised $125 million from the Cyprus-based photovoltaic solar solutions provider Concept Solutions & Innovation to set up a plant in Pune."We plan to set up 90 MW solar park in Pune. Out of this, we have received funding of $125 million from Concept Innovation & Solution for 75 MW," said CSEL chief executive officer Raju Bhosale. Concept Solutions will not only provide finance but also technology solutions for the project, he added. The firm is a mandate holder of Danish turnkey PV firm DanSolar.
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