Finance and M&A

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Hero MotoCorp Approves Investment of ₹2.75 Billion in Euler Motors

Hero MotoCorp has approved an additional investment of up to ₹2.75 billion (~$30.45 million) in Euler Motors. The investment is to be made in one or more tranches...

February 6, 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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Suzlon’s Revenue Up 42% in Q3 FY 2026 on Higher Wind Turbine Orders

Wind turbine manufacturer Suzlon Group’s revenue rose 42.4% year-over-year (YoY) to ₹42.28 billion (~$467.44 million) in the third quarter (Q3) of the financial year...

February 6, 2026

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Parth Shukla

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Finance and M&A

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Wind
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E-Bus Services Provider Drivn Gets $80 Million Boost from Nomura

Gurugram-based commercial electric mobility services provider Drivn has received a commitment of up to $80 million in funding from financial services company Nomura....

February 5, 2026

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Parth Shukla

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Electric Vehicles

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Finance and M&A
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Project Finance Brief: Voltwise Power Closes $211 Million in Acquisition Financing

From: Mercom Capital Group Voltwise Power, a utility-scale battery storage project developer, closed the syndication of a £153.9 million (~$211 million) acquisition...

February 4, 2026

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Staff

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Finance and M&A

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Other
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Funding and M&A Roundup: Jupiter Secures $500 Million Credit Facility

From: Mercom Capital Group Jupiter Power, a utility-scale energy storage project developer and operator, has secured a $500 million senior-secured green revolving loan...

February 4, 2026

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Staff

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Finance and M&A

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Other
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High Electricity Trading Volumes Increase IEX’s Revenue by 14% in Q3 FY 2026

The Indian Energy Exchange (IEX) recorded a consolidated revenue of ₹1.83 billion (~$19.97 million), a 14% year-over-year (YoY) increase from ₹1.61 billion (~$17.50...

February 2, 2026

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Meghana Prasad

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Finance and M&A

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Other

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Renewable Energy
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Strong 9M Performance Drives REC’s Revenue Up 10%

Public infrastructure finance company REC’s revenue from operations increased by 10% to ₹446.41 billion (~$4.87 billion) against ₹407.52 billion (~$4.45 billion) in the...

February 2, 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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Tesla’s Q4 2025 Revenue Falls 3% While Energy Generation and Storage Revenue Rises 25%

Electric vehicle-maker Tesla reported a revenue of $24.9 billion, down 3% year-over-year (YoY) in the fourth quarter (Q4) of 2025, compared to 25.7 billion. The decline...

February 2, 2026

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Rakesh Ranjan

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Electric Vehicles

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Finance and M&A
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Big Push for Solar, EVs, Critical Minerals and Strategic Manufacturing in Budget 2026

The Union Budget 2026–27 has placed clean energy and manufacturing at the center of India’s growth strategy, unveiling targeted outlays, customs duty rationalization,...

February 1, 2026

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Rakesh Ranjan

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Finance and M&A

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Renewable Energy
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NTPC Green Energy Sees 29% Revenue Growth, Sharp PAT Decline in Q3

NTPC Green Energy’s (NGEL) revenue rose 29.3% to ₹6.53 billion (~$71 million) in the third quarter of the financial year (FY) 2026, from ₹5.05 billion (~$54.9 million) a...

January 30, 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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Borosil Renewables Posts Profit of ₹1 Billion in Q3 FY 2026 After Prior-Year Loss

Mumbai-based solar glass manufacturer Borosil Renewables reported a revenue of ₹3.9 billion (~$42.45 million) for the third quarter (Q3) of the financial year (FY) 2026,...

January 29, 2026

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Rakesh Ranjan

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Finance and M&A

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Other
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Battery Manufacturer Meine Electric Raises $750,000 in Pre-Seed Funding

Energy storage solutions provider, Meine Electric, has raised $750,000 (~₹67 million) in a pre-seed funding round from Antler, Rebalance, Venture Catalysts, gradCapital,...

January 28, 2026

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Parth Shukla

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Energy Storage

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Finance and M&A

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Technology
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Project Finance Brief: Low Carbon Closes Over $684 Million in Debt

From: Mercom Capital Group Low Carbon, a renewable energy project developer, raised more than £500 million (~$684 million) across senior and Holdco financing in...

January 28, 2026

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Staff

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Finance and M&A

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Other
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Funding and M&A Roundup: GlassPoint Secures $20 Million in Funding

From: Mercom Capital Group GlassPoint, a company that provides solar thermal-based energy solutions, has closed $20 million in a funding round led by N.I.S. New...

January 28, 2026

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Staff

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Finance and M&A

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Other
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Power Sector Reforms Help DISCOMs Post Profits in FY 2025 for First Time

India’s rated power distribution utilities reported a consolidated profit after tax (PAT) of ₹27.01 billion (~$294.7 million) in FY25, marking a sharp turnaround from a...

January 27, 2026

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Melvin Mathew

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AT&C

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Finance and M&A

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T&D

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