HHV Solar Technologies Pvt. Ltd. announced that it will receive INR 220,000,000 in a round of funding from new investor Swelect Energy Systems Limited on January 7, 2013. The investor will subscribe to 1,015,079 new shares and will purchase 817,391 shares from SIDBI Venture Capital.

The company has received approval for the transaction from the board of Swelect Energy Systems Limited. The investor will hold 49% stake in the company after this transaction.