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Shell Foundation to invest $150 million in Green Energy market in India

According to reports, Shell Foundation is planning to allocate $150 million towards clean energy sector in India, in a clear signal that international players are investing massive amount of capital to develop this sector.

Shell Foundation is an independent charity established by the Shell Group in 2000 to create and scale new solutions to global development challenges.

The foundation is planning to invest in organisations that are into providing finance for small and medium enterprises (SMEs) or give loans or subsidies that can be used as working capital by energy startups, the reports added.

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