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February 10,2026

Radiance Raises $100 Million Funding for RE Expansion in India

Radiance Renewables, backed by Eversource Capital, raised $100 million in equity from Impact Fund Denmark and Dutch lender FMO to accelerate expansion. The funds will support greenfield solar, wind-solar hybrid, and behind-the-meter projects, scaling its portfolio beyond 2 GWp. Radiance also plans investments in battery energy storage and inter-state transmission.

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