Finance and M&A
Saatvik Cleantech EPC, a wholly owned subsidiary of Haryana-based solar module manufacturer Saatvik Green Energy, has entered into a share purchase agreement to acquire...
Solar module manufacturer GREW Solar has raised ₹10.5 billion (~$118.4 million) in a new funding round led by Bay Capital Investment to expand manufacturing capacity at...
Battery manufacturer Amara Raja Energy and Mobility posted a revenue of ₹34.1 billion (~$376.14 million) in the third quarter (Q3) of the financial year (FY) 2026, a 4....
Solar module manufacturer Vikram Solar has signed an agreement to renew and enhance its existing working capital facilities, amounting to ₹32 billion (~$353.23 million),...
Power Finance Corporation (PFC) and REC Limited’s merger is moving ahead in full steam, with execution plans being laid out to meet the statutory and regulatory...
Government-owned power generation company SJVN’s revenue rose to ₹10.81 billion (~$119.22 million) in the third quarter (Q3) of the financial year (FY) 2026, a 61.3%...
Tamilnadu Petroproducts will procure approximately 13.2 MW of solar power from Navia Three Power (NTPPL), a special-purpose vehicle (SPV) of renewable energy solutions...
Mumbai-based Radiance Renewables, a clean energy firm backed by Eversource Capital, has raised about $100 million in equity funding from two major international...
Microinverter and battery storage supplier Enphase Energy reported revenue of $343.32 million for the fourth quarter (Q4) of 2025, down 10.29% year-over-year (YoY) from...
Power Finance Corporation (PFC) has acquired 52.63% of the Government of India’s stake in REC Limited, making REC a subsidiary of PFC. The PFC Board took note of the...
Haryana-based solar module manufacturer Saatvik Green Energy recorded a revenue of ₹12.57 billion (~$139.04 million) in the third quarter (Q3) of FY 2026, representing a...
Integrated power company Tata Power posted a profit of ₹11.94 billion (~$132.01 million) in the third quarter (Q3) of the financial year (FY) 2026, a slight increase of...
Haryana-based solar module manufacturer Saatvik Green Energy has invested ₹2.51 billion (~$27.75 million) in a 4 GW solar module manufacturing facility in Odisha....
Norway-based renewable energy solutions provider Scatec reported a revenue of NOK1.03 billion (~$106.3 million) in the fourth quarter (Q4) of 2025, declining 10.8%...
Uttar Pradesh-based renewable energy company Solarworld Energy Solutions reported a revenue of ₹5.78 billion (~$62.88 million) for the third quarter (Q3) of the...
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