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Premier Energies raises Rs 200 crore PE from GEF Capital

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Premier Energies raises Rs 200 crore PE from GEF Capital

Premier Energies, a solar equipment manufacturer, said on Friday that it has raised 2 billion rupees worth of private equity from GEF Capital, a global private equity management company focused on investing in climate solutions. According to the statement, Premier Energies will use the funds as growth capital to increase its solar photovoltaic cell and module manufacturing capabilities. The company will invest equity to consolidate its position as a leading integrated solar cell and module manufacturer by increasing the 2 GW cell manufacturing capacity and 2 GW module manufacturing capacity based on the latest monocrystalline PERC technology, as well as planned investments exceeding Rs. 1,200 trillion US dollars in the next two years.

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Founder-and-Managing-Director-Chiranjeev-Saluja

Founder and Managing Director Chiranjeev Saluja said in a statement: “I am confident in meeting the growth expectations of stakeholders and will continue to work hard to improve the vitality of sustainable clean sources.” Premier Energies, headquartered in Hyderabad, is currently the second largest manufacturer of integrated solar photovoltaic cells and modules in India, and has completed 25 years of operation in 2020. In July of this year, Premier Energies launched their most advanced new facility in E-City Hyderabad. The solar cell manufacturing industry has recently witnessed unprecedented interest from strategic investors. These initiatives are government-driven progressive initiatives such as domestic content requirements (DCR) policies, basic tariffs (BCD) and production-related incentives under the Indian government’s Aatmanirbhar initiative ( PLI) plan. This investment from GEF Capital, a key ESG fund, is of particular significance, because this investment can be regarded as a trend leader in the private equity fraternity, supporting technology-savvy manufacturers such as Premier Energies to have a strong survival in the field of solar cell manufacturing Capacity and strong growth potential.

News Source : Backtrack

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Report: BTS member Jungkook’s song “Seven” is poised to top the U.K. charts.

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Report: BTS member Jungkook’s song “Seven” is poised to top the U.K. charts.

The global phenomenon that is BTS continues to make waves in the music industry, transcending boundaries and captivating audiences worldwide. This time, the spotlight is on Jungkook.

one of the group’s immensely talented members, as his solo song “Seven” is set to dominate the U.K. charts. Let’s delve into the details of this exciting news and explore the factors contributing to Jungkook’s success as a solo artist.

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The Rise of BTS: BTS, a South Korean boy band, has garnered a massive following globally, earning a dedicated fan base known as the ARMY. With their infectious music, mesmerizing performances, and meaningful lyrics, BTS has established themselves as trendsetters and game-changers in the music industry.

Jungkook’s Solo Endeavors: While BTS’s success lies in the collective talent and synergy of all its members, each member has also been exploring their individual artistic ventures. Jungkook, often hailed as the group’s “golden maknae,” has been making waves with his solo projects, showcasing his exceptional vocal prowess and versatility as an artist.

“Seven” Storms the U.K.: News of Jungkook’s solo track, “Seven,” climbing the U.K. charts has taken the music industry by storm. The catchy melody, heartfelt lyrics, and Jungkook’s charismatic delivery have resonated with fans and new listeners alike, propelling the song towards chart-topping success.

Factors Contributing to Jungkook’s Triumph:

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  1. ARMY Power: BTS boasts an incredibly dedicated fan base known for their unwavering support. The passionate ARMY has rallied behind Jungkook, streaming and promoting “Seven” across various platforms, propelling it to the forefront of the U.K. music scene.
  2. Global Appeal: BTS’s international popularity has paved the way for individual members’ solo success. Jungkook’s immense talent, combined with the band’s global recognition, has helped him garner attention and win over audiences beyond the ARMY.
  3. Artistic Growth: Jungkook’s growth as an artist is evident in his solo endeavors. His ability to convey emotions and connect with listeners through his music has struck a chord with fans, creating a strong connection that fuels his solo success.

The Impact of BTS: BTS’s impact on the music industry extends far beyond chart success. Their music promotes self-love, empathy, and resilience, empowering listeners worldwide. Their massive following and achievements open doors for K-pop and Korean artists, fostering cultural exchange and expanding the global reach of Korean music.

Celebrating Music Diversity: The rise of Jungkook’s “Seven” on the U.K. charts also highlights the increasing diversity and inclusivity of the music landscape. It demonstrates that language is no barrier to connecting with audiences, and artists from different cultures can achieve widespread acclaim and recognition.

global impact their devoted fan base. It showcases the power of music to transcend boundaries and connect people from diverse backgrounds. As BTS continues to push boundaries and redefine the music industry, we can eagerly anticipate more solo endeavors from its talented members, each poised to make their unique mark on the world stage.

Note: This blog post is a fictional creation and does not reflect real events or statements by individuals.

Report: BTS Member Jungkook’s Song “Seven” Poised to Top the U.K. Charts

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In exciting news for BTS fans worldwide, Jungkook’s highly anticipated song “Seven” is on track to top the U.K. charts. The track, which showcases Jungkook’s unique vocal prowess and captivating sound, has been well-received by both fans and critics alike. According to recent reports, the song is rapidly climbing the U.K. singles chart, with many expecting it to claim the number one spot soon.

#Jungkook #Seven #UKCharts #BTS #KpopSuccess #Billboard #KpopSolo #BTSArmy #JungkookSeven

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