Finance and M&A
ACME Solar Holdings’ board of directors has approved a plan to raise ₹30 billion (~$342.23 million) in one or more tranches by issuing equity shares or other...
From: Mercom Capital Group Enviromena, a U.K.-based independent power producer, announced the acquisition of the 49.9 MW Longpasture solar project from Bluefield Solar,...
Hydrogen fuel cell solutions provider Plug Power reported a revenue of $174 million in the second quarter (Q2) of 2025, a 21% year-over-year (YoY) increase from $143...
Israel-based solar inverter manufacturer SolarEdge reported a revenue of $289.4 million in the second quarter (Q2) of 2025, a 9.04% year-over-year (YoY) growth from $265....
Solar module manufacturer Vikram Solar’s initial public offering (IPO) was oversubscribed 54.63 times at the end of the bidding window on August 21, 2025. The price band...
From: Mercom Capital Group Green Genius, a renewable energy company, entered into financing agreements for up to €64 million (~$75 million) with the Nordic Investment...
Entrepreneur and investor Nikhil Kamath, co-founder of online stock broking firm Zerodha, has invested ₹1.37 billion (~$15.68 million) in solar module manufacturer Goldi...
Decarbonization solutions company ReNew has reported a 1,202% year-over-year (YoY) increase in net profit to ₹5.13 billion ($59 million) in the first quarter (Q1) of the...
Wind turbine manufacturer Suzlon Energy recorded a net profit of ₹3.24 billion(~$37.01 million) in the first quarter (Q1) of the financial year (FY) 2026, increasing 7....
Independent renewable energy producer, Juniper Green Energy, has secured ₹17.39 billion (~$198.4 million) in debt financing from the Indian Renewable Energy Development...
U.S.-based solar module manufacturer First Solar reported a revenue of $1.1 billion in the second quarter (Q2) of 2025, an 8.6% year-over-year (YoY) increase from $1.01...
The Indian Energy Exchange (IEX) has achieved a monthly electricity volume of 12.66 billion units (BU) in July 2025, a 25.5% year-over-year (YoY) increase. IEX said the...
Integrated power company, Tata Power, reported a profit after tax of ₹12.62 billion (~$144 million) in the first quarter (Q1) of the financial year (FY) 2026, a 6%...
Government-owned transmission utility, Power Grid Corporation of India (POWERGRID), has received approval to raise up to ₹50 billion (~$569.3 million) via private...
From: Mercom Capital Group DSD Renewables, a provider of customized solar PV energy and energy storage solutions, announced the closing of $238 million in financing to...
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