Press Releases

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China Adds 277 GW of Solar Capacity in 2024

China’s cumulative installed solar power capacity reached 890 GW as of December 2024. It installed 277.17 GW of solar capacity in 2024, a 27.79% year-over-year (YoY)...

January 23, 2025

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Tina Freese

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Press Releases

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Solar
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EV Charging Company Bolt.Earth Raises $5 Million In Series A Funding

Bengaluru-based electric vehicle (EV) charging solutions provider Bolt.Earth raised $5 million in a series A+ funding round. The funding round was led by Version One...

January 20, 2025

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Tina Freese

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Other

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Press Releases

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Renewable Energy
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responsAbility Injects $20 Million in EV Manufacturer Euler Motors

responsAbility, a Switzerland-based impact asset manager, has announced an investment of up to $20 million (₹1.7 billion) in New Delhi-based electric commercial vehicles...

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Clean Energy Tech Firm Ecozen Raises $23 Million in Debt Funding

Ecozen, a Pune-based company focused on clean energy solutions, has raised over $23 million in debt funding. Investors for this round included responsAbility Investments,...

January 16, 2025

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Tina Freese

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Finance and M&A

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Press Releases
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MENA Weekly Roundup: ACWA Reaches Financial Close for 1.1 GW Wind Project

ACWA Power, in partnership with HAU Energy, a subsidiary of Hassan Allam Utilities, has achieved financial close for 1.1 GW Suez Wind Farm in Egypt, marking the largest...

January 13, 2025

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Mercom Staff

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Finance and M&A

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Other

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Press Releases
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IMFA Announces Joint Venture with JSW to Source 70 MW Renewable Energy

Ferroalloy producer Indian Metals & Ferro Alloys (IMFA) has announced a joint venture with JSW Green Energy to source 70 MW of renewable energy for its smelting...

December 17, 2024

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Tina Freese

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Other

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Press Releases

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Renewable Energy
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Continuum Green Energy Files Draft Papers for ₹36.5 Billion IPO

Green power producer Continuum Green Energy has filed the draft red herring prospectus (DRHP) to raise over ₹36.5 billion (~$430.10 million) through an initial public...

December 11, 2024

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Tina Freese

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Finance and M&A

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Press Releases
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Ashok Leyland Subsidiary Wins 500 Electric Bus Order from Chennai MTC

OHM Global Mobility, a subsidiary of commercial vehicle manufacturer Ashok Leyland, has secured an order for 500 12-meter ultra-low floor electric buses (e-buses) from...

October 24, 2024

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Tina Freese

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Electric Vehicles

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Press Releases
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Servotech Power Systems to Install 29 EV Charging Stations in Nashik

Servotech Power Systems, an electric vehicle (EV) charging solutions provider, has secured an order to build nine EV charging stations for the Nashik Municipal...

October 10, 2024

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Staff

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Press Releases

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Renewable Energy
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ReNew Signs 437 MW Green Attribute Sale Contract with Microsoft

Renewable energy company ReNew has signed a green attribute sale contract of 437.6 MW with Microsoft. The contract is for over one million units of green electricity...

August 29, 2024

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Staff

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Energy Efficiency

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Press Releases
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Yulu Raises ₹1.6 Billion to Meet Increased Demand in Shared E-Mobility

Bengaluru-based shared electric two-wheeler company Yulu has raised ₹1.6 billion ($19.25 million) in equity funding from existing investors Bajaj Auto and Magna...

February 23, 2024

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Arshreet Singh

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Electric Vehicles

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Press Releases
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Airtel’s Nxtra to Procure 140 GWh Clean Energy for Data Centers in Three States

Telecommunications service provider Bharti Airtel’s data center subsidiary Nxtra will procure 140 GWh of renewable energy every year for its data centers in Tamil Nadu,...

February 14, 2024

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Arshreet Singh

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Press Releases

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Renewable Energy
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Lower T&D Losses Drive Torrent Power’s Profit Up 88% YoY

Gujarat-based power company Torrent Power posted a profit of ₹6.94 billion (~$83.7 billion) for the third quarter (Q3) of the financial year (FY) 2023, a year-over-year...

February 15, 2023

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Gourav Mishra

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Finance and M&A

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Other

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Press Releases
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Wind Industry Veteran and Suzlon Energy Founder Tulsi Tanti Passes Away

Tulsi R Tanti, the Founder, and Chairman of wind energy company Suzlon Energy, passed away Saturday evening in Pune. Tanti was in Ahmedabad, attending a chain of...

October 3, 2022

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Gautamee Hazarika

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Other

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Press Releases
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Hertz and bp to Develop Network of EV Charging Stations in North America

The Hertz Corporation, a subsidiary of American car rental company Hertz Global Holdings, and global energy business conglomerate bp, inked a memorandum of understanding...

September 29, 2022

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Gourav Mishra

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Electric Vehicles

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Press Releases

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