Finance and M&A

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Global Renewable Synergy Company Divests 3% Shares in Avaada Energy

Global Renewable Synergy Company (GRSC), a subsidiary of Bangkok-headquartered Global Power Synergy Company (GPSC), has divested 3% of its shares in India-based green...

May 7, 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: Doral Renewables Closes Funding for the Great Bend Solar Project

From: Mercom Capital Group Doral Renewables, a utility-scale renewable energy project developer, closed tax equity funding for its Great Bend solar project. Fifth Third...

May 7, 2025

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Staff

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Finance and M&A

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Solar
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ReNew Secures ₹8.7 Billion from British International Investment

Independent power producer ReNew Energy Global has secured an investment of ₹8.7 billion (~$100 million) from British International Investment (BII), a UK-based...

May 6, 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: Zelestra Secures $113 Million for 81 MW Solar Project

From: Mercom Capital Group Zelestra, a renewable energy project developer, secured a $113 million project financing credit facility for the 81 MW Jasper County solar...

April 30, 2025

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Staff

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Finance and M&A

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Solar
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ALTÉRRA to Invest $100 Million in Evren

Private climate investment vehicle ALTÉRRA will invest $100 million (~₹8.52 billion) in the India-based renewable energy company Evren. The funds will be utilized to...

April 29, 2025

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Melvin Mathew

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Finance and M&A

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Open Access

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Solar
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Funding and M&A Roundup: Solar Energy Startup Arnergy Raises $15 Million

From: Mercom Capital Group Arnergy, a provider of distributed solar energy solutions, has raised $15 million as an extension of its Series B round, adding to the $3...

April 23, 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: Spearmint Energy Secures $250 Million for BESS Projects

From: Mercom Capital Group Spearmint Energy, a utility-scale battery storage project developer, secured more than $250 million in financing for the construction and...

April 23, 2025

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Staff

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Finance and M&A

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Solar
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EPC Contracts Push Waaree’s Revenue Up 83% in FY25

Waaree Renewable Technologies, the solar engineering, procurement, and construction (EPC) arm of the Waaree Group, has reported a 74.84% year-over-year (YoY) rise in...

April 17, 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: Octopus Secures Financing for 80 MW Solar and Storage Project

From: Mercom Capital Group Octopus Australia, a renewable energy project developer and fund manager, has reached financial close on the 80 MW Fulham Solar Project and...

April 16, 2025

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Staff

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Finance and M&A

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Solar
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Jupiter Secures ₹5 Billion for Solar Cell and Module Manufacturing Expansion

Kolkata-based solar cell manufacturer and solar solutions provider Jupiter International has secured a ₹5 billion (~$58.07 million) investment from ValueQuest SCALE Fund....

April 15, 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: Potentia Energy Acquires 1 GW of Renewable Energy Projects

From: Mercom Capital Group Potentia Energy, a renewable energy developer co-owned by Enel Green Power and INPEX, completed the acquisition of controlling stakes in a...

April 9, 2025

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Staff

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Finance and M&A

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Solar
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FTC Solar’s Net Loss Widened by 14.49% Due to Low Product Volume

U.S.-based solar tracker company FTC Solar reported revenue of $13.2 million in the fourth quarter (Q4) of 2024, representing a 43.1% year-over-year (YoY) decline from...

April 7, 2025

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Melvin Mathew

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Finance and M&A

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Solar
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Solar Financing Firm Aerem Raises ₹1 Billion from Japan-Based UTEC

Solar energy financing firm Aerem has secured ₹1 billion (~$11.7 million) from Japan-based venture capital firm University of Tokyo Edge Capital Partners (UTEC) in a...

April 4, 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: Renewable Power Capital Acquires 1.9 GW Solar and Wind Projects

From: Mercom Capital Group Renewable Power Capital, a pan-European renewables company, announced the acquisition of the Swedish and Finnish solar and onshore wind...

April 2, 2025

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Staff

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Finance and M&A

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Solar
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Prozeal Green Energy Files Draft Papers for ₹7 Billion IPO

Solar engineering, procurement, and construction company Prozeal Green Energy has filed its draft red herring prospectus (DRHP) for its ₹7 billion (~$81.81 million)...

April 1, 2025

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Arjun Joshi

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Finance and M&A

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Solar

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