Financema Solar

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Concord Biotech to Procure Wind-Solar Power from CleanMax’s Project

Ahmedabad-based pharmaceutical company Concord Biotech has entered into a strategic agreement to acquire a 26% equity stake in CleanMax Everglades, a CleanMax Enviro...

January 17, 2025

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Staff

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Finance and M&A

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Solar
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responsAbility Injects $20 Million in EV Manufacturer Euler Motors

responsAbility, a Switzerland-based impact asset manager, has announced an investment of up to $20 million (₹1.7 billion) in New Delhi-based electric commercial vehicles...

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Project Finance Brief: Origis Secures $415 Million Financing for Swift Air Solar Project

From: Mercom Capital Group Origis Energy, a solar project developer, announced $415 million in financing to develop the 145 MW Swift Air solar project in Ector County,...

January 15, 2025

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Staff

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Finance and M&A

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Solar
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Sunsure Raises ₹4 Billion from Aseem Infrastructure for 150 MW Solar Park

Independent power producer Sunsure Energy has secured ₹4.16 billion (~$48.07 million) in long-term debt financing from Aseem Infrastructure Finance to develop a 150 MW...

January 14, 2025

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Arjun Joshi

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Finance and M&A

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Solar
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Waaree Energies Acquires Enel Green Power India for ₹7.92 Billion

Solar module manufacturer Waaree Energies has entered into a share purchase agreement with Enel Green Power Development to acquire 100% of the share capital of Enel...

January 13, 2025

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Arjun Joshi

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Finance and M&A

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Solar

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Wind
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Project Finance Brief: ContourGlobal Acquires 888 MW Solar Plus Storage Project

From: Mercom Capital Group ContourGlobal, a renewable energy power generation company, has announced the acquisition of an advanced-stage solar-plus-storage project with...

January 8, 2025

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Staff

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Finance and M&A

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Solar
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REC’s Loans to Renewable Energy Sector Grew 58% in Q3 2025

Public infrastructure finance company REC has announced a significant increase in loan disbursements for the third quarter (Q3) of the financial year (FY) 2025. The...

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Project Finance Brief: Enlight Secures $550 Million Financing for Solar Plus Storage Project

From: Mercom Capital Group Enlight Renewable Energy, a renewable energy project developer, announced the closing of $550 million debt financing for the project...

January 2, 2025

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Staff

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Finance and M&A

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Solar
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Solar Firm Fujiyama Power Plans to Raise Funds Through IPO

Noida-based rooftop solar solutions and products company Fujiyama Power Systems (UTL Solar) has filed the draft red herring prospectus (DRHP) in preparation for an...

December 31, 2025

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Arjun Joshi

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Finance and M&A

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Solar
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UltraTech Cement to Source Wind-Solar Hybrid Power from Clean Max

UltraTech Cement, an Aditya Birla Group company, has announced that it will source renewable energy in captive mode from CleanMax’s special-purpose vehicle (SPV), Clean...

December 25, 2024

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Tina Freese

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Finance and M&A

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Solar

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Wind
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Project Finance Brief: Recurrent Energy Secures Financing for 171 MW Solar Project

From: Mercom Capital Group Recurrent Energy, a solar and energy storage project developer and a wholly owned subsidiary of Canadian Solar, announced the financial...

December 25, 2024

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Staff

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Finance and M&A

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Solar
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ReNew to Sell 300 MW Solar Project to Anzen India for $176 Million

Independent renewable power producer ReNew Energy has entered into a definitive agreement to sell its subsidiary, ReNew Sun Waves, which operates a 300 MW solar project...

December 24, 2024

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Arjun Joshi

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Finance and M&A

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Solar
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India’s Top Five Solar Energy Funding Deals in 2024 [Infographics]

According to Mercom’s Q3 2024 India Solar Market Update report, the top five funding deals in India’s solar sector in 2024 saw a 42.85% year-over-year increase, securing...

December 23, 2024

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Melvin Mathew

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Finance and M&A

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Mercom Research Focus

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Solar
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Solarium Green Energy Receives BSE Nod for Initial Public Offering

Ahmedabad-based turnkey solar solutions provider Solarium Green Energy has received in-principle approval from the BSE SME to float its Initial Public Offering (IPO) of...

December 20, 2024

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Melvin Mathew

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Finance and M&A

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Renewable Energy

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Solar
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Agri-Solar Solutions Provider GK Energy Files Papers for ₹5.01 Billion IPO

Maharashtra-based agri-solar solutions provider GK Energy has filed the draft red herring prospectus (DRHP) to raise over ₹5.01 billion (~$60.02 million) through an...

December 19, 2024

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Melvin Mathew

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Finance and M&A

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Solar

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