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Tenders:  Vincitore to invest $60m on renewables

Fiinews by Fiinews
May 31, 2023
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Swain’s Group aims to help resolve world’s energy challenges through partnerships  

The owner of Vincitore Group Saubhagyaa R. Swain is investing US$60 million to support the construction of solar and wind farms, the expansion of energy storage solutions and the development of initiatives promoting sustainable transportation.

The group will also support the creation and use of cutting-edge renewable energy technologies.

“Such initiatives are essential for reducing carbon emissions and creating a more sustainable future for future generations,” Vincitore said in a release on 29 May 2023.

Vincitore has already collaborated with significant experts, Indian companies such as Adani Group, JSW Group and Mittal Steel, as well as scientists and visionaries in the renewable energy sector, to advance research and development.

Vincitore said it aims to impel the industry forward and resolve the world’s urgent energy challenges by nurturing partnerships and empowering visionary minds.

“The investment paves the way for a time when our societies run entirely on clean, renewable energy sources, reducing the effects of climate change and ensuring a brighter, greener future for all,” said the release. Fiinews.com

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Fiinews.com features through news articles on business opportunities in the Indian market for the benefits of foreigners. It is also a platform for international businesses to showcase through elaborate articles on their products & services to the Indian consumers and corporations exploiting industrialisation of the country.

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