Finance and M&A
GreenTech, an operations and maintenance (O&M) company specializing in wind turbine asset management, has raised ₹300 million (~$3.3 million) in its first funding...
From: Mercom Capital Group Treaty Oak Clean Energy, an independent renewable energy power producer, announced financial closure and commenced construction on two solar...
NLC India has approved the listing of its wholly-owned subsidiary, NLC India Renewables (NIRL), on the stock exchanges through the sale of up to 25% of its equity. The...
Saudi Arabia’s energy and infrastructure developer, Abunayyan Holding and U.S.-based Nextpower (formerly Nextracker), which specializes in solar tracking systems, have...
The Andhra Pradesh government has greenlighted renewable energy projects totaling ₹158 billion (~$1.75 billion) at the 14th State Investment Promotion Board (SIPB)...
From: Mercom Capital Group Serengeti Energy, an independent renewable power producer, closed $26 million in project financing from a syndicate of lenders for the...
Inox Neo Energies, the independent power producer (IPP) arm of Inox Clean Energy, has acquired around 300 MW of operational solar projects from SunSource Energy. Inox...
From: Mercom Capital Group Octopus Renewables Infrastructure Trust, the diversified renewables infrastructure company, announced the signing of agreements to sell a 49%...
Here are the top five funding deals in the solar sector in India during 2025, according to Mercom’s Q3 2025 India Solar Market report: In the top funding deal,...
From: Mercom Capital Group Grenergy, a renewable energy company, secured €98.8 million (~$116.26 million) senior non-recourse financing for the 172 MW Ayora solar...
Inox Clean Energy has announced it is acquiring renewable energy platform Vibrant Energy from Macquarie Corporate Holdings and its other shareholders. Inox has signed...
Waaree Energies’ subsidiary, Waaree Solar Americas, will buy 53,68,551 Series B shares of polysilicon manufacturer United Solar Holding for $30 million. The proposed...
Module manufacturer Alpex Solar’s board of directors has approved raising ₹1.25 billion (~$13.8 million) through the issuance of secured, redeemable, unlisted, unrated,...
Over the last five financial years, public sector banks, government-owned/controlled financial institutions, and foreign direct investments have cumulatively invested...
ACME Solar Holdings has secured a debt tie-up of ₹47.2 billion (~$519.2 million) from Indian financial institutions to fund the construction of renewable energy projects...
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