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Home » News » Solar » US Development Finance Corporation Invests $425 Million in Tata Power Subsidiary for Massive Solar Manufacturing Plant in India
Finance

US Development Finance Corporation Invests $425 Million in Tata Power Subsidiary for Massive Solar Manufacturing Plant in India

By Eddie GriffithSeptember 14, 20233 Mins Read
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Credit: Tata Power
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In a significant development, the US International Development Finance Corporation (DFC) has revealed its intention to inject $425 million into TP Solar, a subsidiary of Tata Power. This substantial investment aims to facilitate the establishment of a state-of-the-art solar cell and module manufacturing plant in India, with a formidable capacity of 4.3 gigawatts (GW). TP

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Finance Funding India Renewable energy Tamil Nadu Tata Power United States
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