Financema Solar

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Jupiter Secures ₹5 Billion for Solar Cell and Module Manufacturing Expansion

Kolkata-based solar cell manufacturer and solar solutions provider Jupiter International has secured a ₹5 billion (~$58.07 million) investment from ValueQuest SCALE Fund....

April 15, 2025

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Melvin Mathew

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Finance and M&A

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Modules

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Solar
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Project Finance Brief: Potentia Energy Acquires 1 GW of Renewable Energy Projects

From: Mercom Capital Group Potentia Energy, a renewable energy developer co-owned by Enel Green Power and INPEX, completed the acquisition of controlling stakes in a...

April 9, 2025

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Staff

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Finance and M&A

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Solar
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FTC Solar’s Net Loss Widened by 14.49% Due to Low Product Volume

U.S.-based solar tracker company FTC Solar reported revenue of $13.2 million in the fourth quarter (Q4) of 2024, representing a 43.1% year-over-year (YoY) decline from...

April 7, 2025

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Melvin Mathew

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Finance and M&A

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Solar
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Solar Financing Firm Aerem Raises ₹1 Billion from Japan-Based UTEC

Solar energy financing firm Aerem has secured ₹1 billion (~$11.7 million) from Japan-based venture capital firm University of Tokyo Edge Capital Partners (UTEC) in a...

April 4, 2025

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Melvin Mathew

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Finance and M&A

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Solar
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Project Finance Brief: Renewable Power Capital Acquires 1.9 GW Solar and Wind Projects

From: Mercom Capital Group Renewable Power Capital, a pan-European renewables company, announced the acquisition of the Swedish and Finnish solar and onshore wind...

April 2, 2025

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Staff

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Finance and M&A

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Solar
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Prozeal Green Energy Files Draft Papers for ₹7 Billion IPO

Solar engineering, procurement, and construction company Prozeal Green Energy has filed its draft red herring prospectus (DRHP) for its ₹7 billion (~$81.81 million)...

April 1, 2025

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Arjun Joshi

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Finance and M&A

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Solar
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Lower Home Solution Segment Sales Reduce SMA Solar’s Revenue by 20%

Germany-based solar energy equipment supplier SMA Solar Technology has reported a 19.7% decline in its 2024 revenue, primarily due to a significant decrease in sales in...

April 1, 2025

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Tina Freese

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Finance and M&A

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Solar
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ONGC Approves ₹33 Billion Investment for Ayana Acquisition

ONGC has approved an investment of ₹33 billion (~$384.84 million) in ONGC Green to part-fund the acquisition of a 100% stake in Ayana Renewable Power. The company will...

March 27, 2025

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Melvin Mathew

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Finance and M&A

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Solar
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TPG Acquires Siemens Gamesa’s India and Sri Lanka Wind Businesses

Global alternative asset management firm TPG has acquired a majority stake in Siemens Gamesa’s onshore wind turbine manufacturing business in India and Sri Lanka....

March 26, 2025

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Melvin Mathew

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Finance and M&A

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Wind
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Rooftop Solar Financing Firm Ecofy Secures $12.5 Million Loan from IFU

Green transition-focused non-banking finance company Ecofy Finance has secured a $12.5 million (~₹1.07 billion) long-term loan from Denmark government’s Investment Fund...

March 25, 2025

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Melvin Mathew

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Finance and M&A

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Solar
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Actis Acquires Macquarie-Managed 371 MW India Solar Portfolio

Sustainable infrastructure investor Actis has acquired a 100% stake in Stride Climate Investments, a solar generation asset portfolio in India, from a Macquarie Asset...

March 24, 2025

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Arjun Joshi

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Finance and M&A

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Solar
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KPI Green Secures ₹2.72 Billion Loan for 50 MW Hybrid Power Project

Surat-based renewable energy solutions provider KPI Green Energy has secured a credit facility of ₹2.72 billion (~$31.4 million) to partly finance a 50 MW hybrid power...

March 19, 2025

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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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Funding and M&A Roundup: Terabase Energy Secures $130 Million

From: Mercom Capital Group Terabase Energy, a digital solutions provider for solar power projects, received $130 million in a Series C funding round led by SoftBank...

March 19, 2025

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Staff

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Finance and M&A

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Solar
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Project Finance Brief: Cypress Creek Secures $133 Million for Energy Storage Project

From: Mercom Capital Group Cypress Creek Renewables, a renewable energy project developer and independent power producer, secured approximately $133 million in...

March 19, 2025

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Staff

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Finance and M&A

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Solar
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SWELECT Raises ₹2.9 Billion Through Private Placement with India Infradebt

Solar power systems company SWELECT Group has secured ₹2.9 billion (~$33.39 million) in funding through non-convertible debentures via a private placement with India...

March 17, 2025

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Arjun Joshi

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Finance and M&A

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Solar

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