Renewables
Candi Solar and Pentagreen to Fund 400 MW Solar-Plus-Storage Projects
CEII brief
Mercom India reported on 5 Nov 2026: Candi Solar and Pentagreen to Fund 400 MW Solar-Plus-Storage Projects.
Read the full story on Mercom IndiaClean energy company Candi Solar has announced a $50 million partnership with Pentagreen Capital to finance 400 MW of solar and battery energy storage projects in India. The partnership aims to expand access to clean energy for small and medium-sized enterprises (SMEs).
Context from CEII
Renewables are the fastest-growing part of the world’s energy system. The COP28 goal is to triple capacity by 2030, and solar mini-grids are the fastest route to power for millions of people without electricity.
19.1% of electricity in India was renewable in 2021Countries in this story
Original reporting © Mercom India. Headline and excerpt quoted with attribution; the full article is available on the publisher’s site. CEII’s context is the Centre’s own and does not represent the publisher.
