Candi Solar Raises $58.5 Million in IFC-Led Funding Round

The funding will be used to deliver affordable solar solutions in India and South Africa

November 27, 2025

/ Parth Shukla
/ Finance and M&A, Solar
thumbnail

Follow Mercom India on WhatsApp for exclusive updates on clean energy news and insights


Switzerland-headquartered solar solutions provider Candi Solar has secured $58.5 million in a funding round led by the global development institution, International Finance Corporation (IFC), to deliver clean, affordable solar solutions in India and South Africa.

MERCOM Insider

Where clean energy's most influential leaders get their intelligence

Exclusive reporting, market intelligence, and insider access that shapes billion-dollar decisions in renewable energy and clean technology.

Already have an account? Sign In

Register for free

thumbnail

Parth Shukla

More articles from Parth Shukla.
Candi SolarFundingIndiaSolarsouth Africa
PREVALL POSTSNEXT

RELATED POSTS

Get the most relevant India solar and clean energy news.

RECENT POSTS