Finance and M&A
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...
Uttar Pradesh-based engineering, procurement, and construction (EPC) services company Solarworld Energy Solutions debuted on the stock exchanges after its ₹6 billion...
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...
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...
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...
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...
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...
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...
From: Mercom Capital Group Flatiron Energy, a developer of utility-scale energy storage projects, secured approximately $540 million in financing from a group of...
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,...
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...
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...
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...
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...
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...
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