India: SmartTrak in advanced talks to raise $25m in private equity

India: SmartTrak in advanced talks to raise $25m in private equity

SmartTrak has installed 50 MW of tracking systems and has 120 MW under execution.

SmartTrak Solar Systems Pvt. Ltd, a maker of solar trackers and inverters, is in advanced talks to raise $25 million in the next three months from a US-based private equity investor, its top executive said.

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