Financema Solar
Renewable energy company Hero Future Energies (HFE) has secured ₹10.24 billion (~$115.43 million) in funding from the State Bank of India (SBI) to finance a 60 MW hybrid...
From: Mercom Capital Group Flatiron Energy, a developer of utility-scale energy storage projects, secured approximately $540 million in financing from a group of...
Maharashtra-based agri-solar solutions provider GK Energy’s initial public offering (IPO) was oversubscribed 89.62 times at the end of the bidding window on September 23,...
Gurgaon-based independent power producer ACME Solar Holdings has secured domestic funding of ₹11 billion (~$124.57 million) from the State Bank of India (SBI) to...
Waaree Power, a wholly owned subsidiary of Waaree Energies, will acquire a 76% stake in Maharashtra-based smart meter manufacturing company, Racemosa Energy. The company...
Module manufacturer Vikram Solar’s revenue increased by 79.7% year-over-year (YoY) to ₹1.13 billion (~$12.86 million) in the first quarter (Q1) of the financial year...
The Indian Renewable Energy Development Agency (IREDA) has approved a loan of ₹11.34 billion (~$129 million) to Insolation Green Energy, a wholly owned subsidiary of INA...
Enfinity Global has secured ₹5.2 billion (~$59 million) in debt financing from India Infradebt for its 200 MW solar projects across India. Enfinity has a global...
Solar module and cell manufacturer Emmvee Photovoltaic Power has received approval from the Securities and Exchange Board of India (SEBI) to raise ₹30 billion (~$340.50...
From: Mercom Capital Group Nautilus Solar Energy, a U.S.-based community solar provider, announced the closing of a $275 million long-term debt facility, the company’s...
The reduction in Goods and Services Tax (GST) from 12% to 5% on solar cells and other renewable energy devices is likely to lower power costs for consumers while...
ACME Venus Urja, a wholly owned subsidiary of ACME Solar Holdings, has secured a long-term project debt funding of ₹38.92 billion (~$440.13 million) from the State Bank...
Independent power producer Inox Neo Energies, an INOXGFL Group company, has executed definitive agreements with Evergreen Power Mauritius and Evergreen Renewables to...
Solar engineering, procurement, and construction company Prozeal Green Energy has received approval from the market regulator Securities and Exchange Board of India...
Noida-based cleantech startup QuantE Energy Tech has raised $500,000 (~₹44 million) from Trillion Dollar Venture Partners (TDV) and marquee angel investors. The list of...
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