Finance and M&A

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Waaree Posts Record Quarterly Revenue and Net Profit in Q2 FY 2026

Waaree Renewable Technologies, the engineering, procurement, and construction (EPC) arm of the Waaree Group, reported a consolidated revenue from operations of ₹7.75...

October 14, 2025

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Arjun Joshi

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Finance and M&A

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Other
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Glance Finance to Acquire 62,400 Shares in Kotson’s for ₹3.17 Million

Glance Finance has announced an investment of ₹3.17 million (~$35,770.19) in Rajasthan-based power transformer solutions company, Kotsons (KPL), through the acquisition...

October 9, 2025

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Staff

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Finance and M&A

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Other
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Base Power Raises $1 Billion in Series C Funding

Texas-based Base Power has raised $1 billion in Series C funding, led by Addition, to accelerate the deployment of its home battery storage solutions. Existing backers,...

October 9, 2025

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Arjun Joshi

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Energy Storage

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Finance and M&A

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Other
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Saatvik Green Records 272% YoY Revenue Growth in Q1 FY 2026

Haryana-based solar module manufacturer Saatvik Green Energy has recorded a revenue of ₹9.16 billion (~$103.20 million) in the first quarter (Q1) of the financial year...

October 9, 2025

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Arjun Joshi

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Finance and M&A

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Other
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Sungrow Seeks to Raise $127 Million from Hong Kong Stock Exchange Listing

Solar inverter and energy storage systems manufacturer Sungrow Power Supply has filed an application for listing on the main board of the Hong Kong Stock Exchange. The...

October 9, 2025

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Arjun Joshi

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Finance and M&A

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Other
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Sembcorp to Acquire 300 MW Solar Project from ReNew

Sembcorp Green Infra, a wholly owned subsidiary of Singapore-based energy solutions company Sembcorp Industries, has signed a share purchase agreement with ReNew to...

October 8, 2025

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Staff

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Finance and M&A

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Solar
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IREDA’s Loan Approvals Grow 86% YoY to ₹331 Billion in Q2 FY 2026

Government-owned lender Indian Renewable Energy Development Agency (IREDA) has announced an 86% year-over-year (YoY) growth in its approved loans as of the end of the...

October 8, 2025

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Staff

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Finance and M&A

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Renewable Energy
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Funding and M&A Roundup: OpenSolar Raises $20 Million Equity Funding

From: Mercom Capital Group OpenSolar, a solar software platform, raised $20 million in equity funding from Titanium Ventures, Google, 2150 Sustainability Fund, and other...

October 8, 2025

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Staff

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Finance and M&A

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Other
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Waaree Announces ₹81.75 Billion Investment Across Clean Energy Subsidiaries

Solar module manufacturer Waaree Energies has approved an additional capital expenditure of ₹80 billion (~$901.47 million) in its wholly owned subsidiary Waaree Energy...

October 7, 2025

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Arjun Joshi

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Finance and M&A

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Other
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Omkara ARC Acquires World Wind India’s Debt for ₹12.25 Billion

Omkara Asset Reconstruction Company (Omkara ARC) has acquired the debt of Wind World India (WWIL) from the National Asset Reconstruction Company (NARCL) by investing ₹12....

October 6, 2025

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Arjun Joshi

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Finance and M&A

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Other

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Renewable Energy
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Deon Energy Files Draft Papers with SEBI for ₹1.5 Billion IPO

Ahmedabad-based renewable energy solutions provider Deon Energy has filed a draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) to...

October 6, 2025

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Arjun Joshi

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Finance and M&A

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Other

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Renewable Energy
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SECI Raises ₹6 Billion Through Maiden Debenture Issue

The Solar Energy Corporation of India’s (SECI) first-ever ₹6 billion (~$71.86 million) debenture issue was subscribed over 3.5 times. The unsecured, rated,...

October 1, 2025

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Staff

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Finance and M&A

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Renewable Energy
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Funding and M&A Roundup: Cornish Lithium Raises $47 Million

From: Mercom Capital Group Cornish Lithium, a U.K.-based mineral exploration and development company, raised £35 million (~$47 million) in equity funding from its...

October 1, 2025

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Staff

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Finance and M&A

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Other
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Battery Manufacturer Xbattery Raises $2.3 Million in Seed Funding

Hyderabad-based battery manufacturer Xbattery has raised $2.3 million (~₹203.95 million) in seed funding from Bipin Patel Family Office, with participation from Jhaveri...

September 25, 2025

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Melvin Mathew

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Energy Storage

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Finance and M&A
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Funding and M&A Roundup: Terra One Secures $176 Million

From: Mercom Capital Group Terra One, a startup specializing in grid-connected battery energy storage systems, announced that it secured up to €150 million (~$176...

September 24, 2025

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Staff

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Finance and M&A

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Other

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