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Radiance Renewables has secured $100 million in equity funding from foreign investors FMO and Impact Fund Denmark to develop integrated clean energy systems in India. The funds will support green field solar projects and hybrid wind-solar facilities, primarily focusing on battery energy storage systems and transmission infrastructure.

The initiative targets decarbonization in India's commercial and industrial sector, helping companies reduce CO2 emissions and align with sustainability standards. This strategic investment is expected to enhance grid reliability and stability, promoting widespread adoption of clean energy solutions.