Finance and M&A

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Alpex Solar Raises ₹2.6 Billion Through Preferential Issue of Equity Shares

Solar module manufacturer Alpex Solar has raised ₹2.6 billion (~$29.27 million) through a preferential issue of 2.15 million equity shares and warrants. The funds will...

October 1, 2025

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Melvin Mathew

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Finance and M&A

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Solar
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Solarworld Energy’s IPO Receives Strong Response

Uttar Pradesh-based engineering, procurement, and construction (EPC) services company Solarworld Energy Solutions debuted on the stock exchanges after its ₹6 billion...

October 1, 2025

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Melvin Mathew

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Finance and M&A

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Solar
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Project Finance Brief: DRI Acquires 112 MW/448 MWh Battery Storage Project in Poland

From: Mercom Capital Group DRI, an Amsterdam-based renewable energy company and a subsidiary of the DTEK Group, announced the acquisition of rights to build a 112 MW/448...

October 1, 2025

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Staff

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Finance and M&A

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Solar
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Rays Power Infra to Tap Capital Market with ₹11.5 Billion Public Issue

Solar energy solutions company Rays Power Infra has filed a draft red herring prospectus with the market regulator, Securities and Exchange Board of India, for an ₹11.5...

September 30, 2025

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B.S. Nagaraj

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Finance and M&A

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Solar
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Oyster Secures ₹18 Billion Loan for 342 MW Wind-Solar Hybrid Project

Oyster Green Hybrid Three, a subsidiary of Oyster Renewable Energy, has achieved financial closure for its 342 MW wind-solar hybrid project in Madhya Pradesh, securing a...

September 29, 2025

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Staff

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Finance and M&A

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Solar

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Wind
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TotalEnergies to Divest 50% of its 1.4 GW Solar Portfolio in North America

France-based diversified multinational energy company TotalEnergies is selling 50% of its 1.4 GW solar portfolio in North America to global investment firm KKR for an...

September 29, 2025

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Staff

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Finance and M&A

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Solar

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Utility Scale
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KPI Green Secures ₹32 Billion Loan from SBI for 1 GW Renewable Energy Projects

Surat-based renewable energy solutions provider KPI Green Energy has secured approval from State Bank of India for a ₹32 billion (~$360.77 million) loan for its solar...

September 25, 2025

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Arjun Joshi

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Finance and M&A

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Solar
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Hero Future Gets ₹10 Billion Funding From SBI for 60 MW Hybrid Power Project

Renewable energy company Hero Future Energies (HFE) has secured ₹10.24 billion (~$115.43 million) in funding from the State Bank of India (SBI) to finance a 60 MW hybrid...

September 24, 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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Solar
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Project Finance Brief: Flatiron Energy Secures $540 Million for 800 MWh Storage Project

From: Mercom Capital Group Flatiron Energy, a developer of utility-scale energy storage projects, secured approximately $540 million in financing from a group of...

September 24, 2025

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Staff

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Finance and M&A

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Solar
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GK Energy’s IPO closes with 89.62 Times Oversubscription

Maharashtra-based agri-solar solutions provider GK Energy’s initial public offering (IPO) was oversubscribed 89.62 times at the end of the bidding window on September 23,...

September 23, 2025

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Melvin Mathew

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Finance and M&A

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Solar
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ACME Secures ₹11 Billion Refinancing from SBI for 300 Renewable Energy Project

Gurgaon-based independent power producer ACME Solar Holdings has secured domestic funding of ₹11 billion (~$124.57 million) from the State Bank of India (SBI) to...

September 23, 2025

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Staff

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Finance and M&A

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Solar
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Waaree to Acquire 76% Stake in Smart Meter Manufacturer Racemosa Energy

Waaree Power, a wholly owned subsidiary of Waaree Energies, will acquire a 76% stake in Maharashtra-based smart meter manufacturing company, Racemosa Energy. The company...

September 19, 2025

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Melvin Mathew

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Finance and M&A

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Solar
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Lower Manufacturing Costs Drive Vikram Solar’s Revenue in Q1 FY 2026

Module manufacturer Vikram Solar’s revenue increased by 79.7% year-over-year (YoY) to ₹1.13 billion (~$12.86 million) in the first quarter (Q1) of the financial year...

September 18, 2025

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Melvin Mathew

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Finance and M&A

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Solar
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IREDA Approves ₹11.34 Billion Loan to Insolation Green Energy

The Indian Renewable Energy Development Agency (IREDA) has approved a loan of ₹11.34 billion (~$129 million) to Insolation Green Energy, a wholly owned subsidiary of INA...

September 18, 2025

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Melvin Mathew

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Finance and M&A

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Solar
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Enfinity Global Secures ₹5 Billion Debt Financing from India Infradebt

Enfinity Global has secured ₹5.2 billion (~$59 million) in debt financing from India Infradebt for its 200 MW solar projects across India. Enfinity has a global...

September 18, 2025

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Melvin Mathew

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Finance and M&A

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Solar

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