Finance and M&A

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IndiGrid Raises ₹15 Billion in Funding Through Institutional Placement

Power transmission and renewable energy company IndiGrid has raised ₹15 billion (~$163.15 million) in funding through an institutional placement, bringing the total...

January 23, 2026

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Parth Shukla

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Finance and M&A

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Grid
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Climate Fintech Company Cloover Raises $1.2 Billion in Debt, Equity

Berlin-based climate fintech company Cloover has secured over $1.2 billion in funding commitments, comprising equity and debt facilities from investors, to build an AI...

January 23, 2026

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Melvin Mathew

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Finance and M&A

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Renewable Energy
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Government to Infuse ₹50 Billion Equity Into SIDBI

The Union Cabinet has approved equity support of ₹50 billion (~$545.72 million) to the Small Industries Development Bank of India (SIDBI). SIDBI offers loans to micro,...

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Genus Power to Acquire 100% Stake in Smart Meter Company

Rajasthan-based smart metering solutions and services provider Genus Power Infrastructure has signed a share purchase agreement to acquire the remaining 86.49% stake in...

January 21, 2026

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Melvin Mathew

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Finance and M&A

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Grid
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Budget 2026 Wishlist: What the Renewable Energy Industry Wants

With India now meeting half of its power consumption through renewable energy, the industry is heading into the Union Budget 2026 with its wish list shifting from “more...

January 21, 2026

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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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Funding and M&A Roundup: Terralayr Secures $223 Million in Equity Round

From: Mercom Capital Group Terralayr, a developer, owner, and operator of battery energy storage assets, raised €192 million (~$223 million) in an equity round,...

January 21, 2026

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Staff

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Finance and M&A

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Other
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Project Finance Brief: ENCAVIS Secures $157 Million in Non-Recourse Financing

From: Mercom Capital Group ENCAVIS, a solar and wind project developer, has announced the closure of a non-recourse project financing of €135 million (~$157.10...

January 21, 2026

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Staff

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Finance and M&A

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Solar
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Emmvee Photovoltaic Reports 118% YoY Increase in Q3 FY 2026 Revenue

Bengaluru-based solar cell and module manufacturer, Emmvee Photovoltaic Power, has reported a revenue of ₹11.52 billion (~$127.6 million) in the third quarter (Q3) of...

January 16, 2026

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Arjun Joshi

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Finance and M&A

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Other
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Waaree Renewable Technologies’ Q3 FY 2026 Revenue Up 136% YoY

Waaree Renewable Technologies, the engineering, procurement, and construction (EPC) arm of the Waaree Group, reported a consolidated revenue from operations of ₹8.51...

January 15, 2026

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Arjun Joshi

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Finance and M&A

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Other
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Higher Loan Disbursements Take IREDA’s Revenue Up 25% in Q3 FY 2026

Government-owned lender Indian Renewable Energy Development Agency (IREDA) reported revenue from operations of ₹21.3 billion (~$236.2 million) in the third quarter (Q3)...

January 13, 2026

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Melvin Mathew

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Finance and M&A

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Renewable Energy
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PFC to Raise Up to ₹50 Billion Through Secured Debentures

State-owned Power Finance Corporation (PFC) has launched Tranche I of its public issue of secured, listed, and redeemable non-convertible debentures (NCDs), aiming to...

January 12, 2026

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Rakesh Ranjan

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Finance and M&A

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T&D
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EV Charging Firm ROADGRID Raises ₹120 Million in Pre-Series A Round

Indore-based electric vehicle (EV) charging infrastructure company ROADGRID has raised ₹120 million (~$1.44 million) in a Pre-Series A funding round led by Venture...

January 9, 2026

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Meghana Prasad

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Electric Vehicles

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Finance and M&A
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Funding and M&A Roundup: Okovate Acquires Assets of Fundusol

From: Mercom Capital Group Okovate Sustainable Energy, an agrivoltaic project developer, has announced the acquisition of assets from Fundusol, a modeling platform born...

January 7, 2026

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Staff

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Finance and M&A

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Other
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Juniper Green Raises ₹20 Billion Debt Funding for Renewable Energy Projects

Independent power producer Juniper Green Energy has secured ₹20.39 billion (~$245.7 million) in debt financing from a consortium of domestic and global financial...

January 6, 2026

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Meghana Prasad

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Finance and M&A

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Renewable Energy
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Oriana Power to Raise ₹750 Million Through Issue of Debentures

Oriana Power has approved the issue and allotment of non-convertible debentures (NCD) aggregating to ₹750 million (~$9.04 million). The company will issue 7,500 rated,...

January 6, 2026

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Meghana Prasad

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Finance and M&A

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Renewable Energy

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