Finance and M&A
Here are the top five funding deals in the solar sector in India during 2025, according to Mercom’s Q3 2025 India Solar Market report: In the top funding deal,...
From: Mercom Capital Group Grenergy, a renewable energy company, secured €98.8 million (~$116.26 million) senior non-recourse financing for the 172 MW Ayora solar...
Inox Clean Energy has announced it is acquiring renewable energy platform Vibrant Energy from Macquarie Corporate Holdings and its other shareholders. Inox has signed...
Waaree Energies’ subsidiary, Waaree Solar Americas, will buy 53,68,551 Series B shares of polysilicon manufacturer United Solar Holding for $30 million. The proposed...
Module manufacturer Alpex Solar’s board of directors has approved raising ₹1.25 billion (~$13.8 million) through the issuance of secured, redeemable, unlisted, unrated,...
Over the last five financial years, public sector banks, government-owned/controlled financial institutions, and foreign direct investments have cumulatively invested...
ACME Solar Holdings has secured a debt tie-up of ₹47.2 billion (~$519.2 million) from Indian financial institutions to fund the construction of renewable energy projects...
The board of directors of renewable energy solutions provider KPI Green Energy has approved a proposal to raise ₹4.75 billion (~$52.99 million) by issuing 10.1 million...
Decarbonization solutions company ReNew has signed a long-term agreement to enable the development of a 150 MW solar project in Rajasthan. Under this partnership, Google...
Waste management agency GEM Enviro Management’s board of directors has approved the acquisition of a 50.10% equity stake in Solluz Energy for a cash consideration of ₹50...
From: Mercom Capital Group Origis Energy, a U.S.-based renewable energy company, secured $290 million for the Swift Air Solar II and Swift Air Solar III projects in...
Tata Power has announced plans to raise ₹20 billion (~$220.53 million) through private placement of unsecured, senior, redeemable, rated, listed, taxable, non-cumulative...
The Ministry of New and Renewable Energy’s (MNRE) recent advisory to banks and financial institutions, calling for prudence in lending to standalone solar module...
Engineering, procurement, and construction (EPC) company, Soleos Solar Energy, has secured $12 million (~₹1.07 billion) in funding from venture capital firm Gujarat...
The clean energy arm of the Aditya Birla Group, Aditya Birla Renewables (ABRen), has secured an investment commitment of ₹20 billion (~$222.37 million) from Global...
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