GAIL (India) has approved an investment of ₹38 billion (~$407.5 million) to set up 700 MW of solar-plus-storage projects in Uttar Pradesh and Maharashtra. The projects...

From: Mercom Capital Group Origis Energy, a solar project developer, secured $118 million in tax equity financing from RBC Community Investments, syndicator of renewable...

From: Mercom Capital Group TeraWatt Technology, a lithium-ion battery manufacturer, has completed the final close of its Series C funding round. The company has not...

Gujarat-based power infrastructure manufacturer Om Power Transmission‘s ₹1.5 billion (~$15.98 million) initial public offering (IPO) was oversubscribed 2.37 times...

The Indian Railway Finance Corporation (IRFC), the dedicated funding arm of the Indian Railways, has disbursed a ₹10 billion (~$108.05 million) term loan to Maharashtra...

WorkOnGrid, an AI-native operations intelligence platform for power, water and gas utilities, has raised ₹225 million (~$2.43 million) in a funding round led by...

From: Mercom Capital Group EnerVenue Holdings, a company that develops metal-hydrogen batteries, announced the closing of a $300 million extension of its Series B...

From: Mercom Capital Group Dimension Energy, a community solar developer, owner, and operator, secured $650 million in construction and term financing to support a...

Mumbai-based electric vehicle (EV) solutions company Neuron Energy has commissioned a ₹1 billion (~$10.76 million) battery energy storage system manufacturing facility...

Inox Clean Energy has completed the acquisition of Vibrant Energy, a renewable energy platform owned by Macquarie and other shareholders, for approximately ₹50 billion...

NTPC has approved an investment proposal for a 4.7 GWh battery energy storage system (BESS) with an estimated project cost of ₹58.22 billion (~$623.22 million). Recently,...

From: Mercom Capital Group Doral Renewables, a utility-scale renewable energy project developer, closed nearly $900 million in financing for its Cold Creek...

From: Mercom Capital Group TerraSpark, a space-based solar energy solutions provider, secured €5 million (~$5.7 million) in a funding round led by Daphni, Sake Bosch,...

Indian Renewable Energy Development Agency (IREDA) has entered into a facility agreement with Sumitomo Mitsui Banking Corporation (SMBC) to raise an external commercial...

Gujarat Fluorochemicals (GFL) has announced that its subsidiary GFCL EV Products has raised approximately $80 million from an unnamed global investor, in addition to the...