Finance and M&A

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SAEL Secures $132 Million for 300 MW Solar Project in Andhra Pradesh

SAEL Solar MHP, a subsidiary of SAEL Industries, has secured debt finance of $132 million from the Asian Infrastructure Investment Bank, the New Development Bank, and...

May 30, 2025

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Tina Freese

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Finance and M&A

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Solar
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Insolation’s Revenue Up 58% YoY in 2H FY 2025 Due to Market Expansion

Jaipur-based solar module manufacturer Insolation Energy has reported a 58.35% year-over-year (YoY) growth in revenue to ₹7.3 billion (~$85.56 million) in the second...

May 28, 2025

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Melvin Mathew

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Finance and M&A

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Modules

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Solar
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Project Finance Brief: Doral Renewables Secures $1.5 Billion for Solar Project

From: Mercom Capital Group Doral Renewables, a utility-scale renewable energy project developer, secured $1.5 billion in construction project financing for the Mammoth...

May 28, 2025

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Staff

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Finance and M&A

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Solar
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Roofsol Raises ₹2 Billion from Aseem Infra for 93 MW Solar Projects

Maharashtra-based rooftop solar engineering, procurement, and construction services provider Roofsol Energy has secured ₹2.1 billion (~$24.67 million) in funding from...

May 26, 2025

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Arjun Joshi

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Finance and M&A

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Solar
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Higher Net Interest Income Strengthens PFC’s Q4 FY 2025 Financials

Government-owned Power Finance Corporation (PFC) recorded a total revenue of ₹292.85 billion (~$3.42 billion) in the fourth quarter (Q4) of the financial year (FY)...

May 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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Project Finance Brief: Solar Landscape Secures $175 Million Financing for Rooftop Solar Projects

From: Mercom Capital Group Solar Landscape, a U.S.-based commercial rooftop solar developer, announced a $175 million long-term partnership with PGIM Private Capital, a...

May 21, 2025

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Staff

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Finance and M&A

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Solar
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Growth in Renewables Pushed JSW Energy’s Revenue by 21% YoY in Q4 FY25

Independent power producer JSW Energy has reported a revenue of ₹34.97 billion (~$408.93 million) in the fourth quarter (Q4) of the financial year (FY) 2024-25, a 21%...

May 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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Wind
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Surana Solar to Sell 49% Stake in Subsidiary to Baidyanath Power for ₹20 Million

Hyderabad-based solar module manufacturer Surana Solar has announced the divestment of 49% of its equity stake in Surana Technologies, a wholly owned subsidiary....

May 19, 2025

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Arjun Joshi

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Finance and M&A

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Solar
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Solar Module Manufacturer Premier Energies’ Q4 Revenue Up 48% YoY

Solar module and cell manufacturer Premier Energies reported a total income of ₹16.80 billion (~$196.55 million) in the fourth quarter (Q4) of the financial year (FY)...

May 19, 2025

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Arjun Joshi

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Finance and M&A

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Other
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Tata Power Hits Record Revenue of ₹645 Billion in FY 2025 on Higher Sales

Tata Power, an integrated power company, reported a profit after tax (PAT) of ₹13.06 billion (~$152 million) in the fourth quarter (Q4) of the financial year (FY) 2025,...

May 16, 2025

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Tina Freese

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Finance and M&A

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Rooftop

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Solar
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Power Distribution Businesses Drive Torrent’s Net Profit Up 142% in Q4

Gujarat-based power company Torrent Power’s total comprehensive income jumped by 142% year-over-year (YoY) in the fourth quarter (Q4) of the financial year (FY) 2025 to...

May 15, 2025

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Melvin Mathew

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Finance and M&A

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Solar
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Funding and M&A Roundup: Energy Solutions Group Secures $139 Million

From: Mercom Capital Group Energy Solutions Group, an independent power producer specializing in renewable energy, announced the closing of a €125 million (~$139...

May 14, 2025

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Staff

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Finance and M&A

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Solar
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Project Finance Brief: Pivot Energy Secures $200 Million for Community Solar Portfolio

From: Mercom Capital Group Pivot Energy, a renewable energy provider and independent power producer that develops, finances, builds, owns, and manages solar and energy...

May 14, 2025

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Staff

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Finance and M&A

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Solar
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Rise in Product Shipment Volume Drives Eos Energy’s Revenue Up 58% YoY

U.S.-based energy storage solutions provider Eos Energy Enterprises reported a 58% year-over-year (YoY)increase in revenue from $6.6 million to $10.5 million in the...

May 13, 2025

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Melvin Mathew

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Finance and M&A

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Solar
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US, China Agree to Slash Reciprocal Trade Tariffs by 115% for 90 Days

The U.S. and China have agreed to slash reciprocal trade tariffs by 115% for 90 days. The new tariffs will come into effect from May 14, 2025, the two countries said in...

May 13, 2025

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Melvin Mathew

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Finance and M&A

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Markets & Policy

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Solar

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