Finance and M&A
The reduction in Goods and Services Tax (GST) from 12% to 5% on solar cells and other renewable energy devices is likely to lower power costs for consumers while...
ACME Venus Urja, a wholly owned subsidiary of ACME Solar Holdings, has secured a long-term project debt funding of ₹38.92 billion (~$440.13 million) from the State Bank...
Independent power producer Inox Neo Energies, an INOXGFL Group company, has executed definitive agreements with Evergreen Power Mauritius and Evergreen Renewables to...
Solar engineering, procurement, and construction company Prozeal Green Energy has received approval from the market regulator Securities and Exchange Board of India...
Noida-based cleantech startup QuantE Energy Tech has raised $500,000 (~₹44 million) from Trillion Dollar Venture Partners (TDV) and marquee angel investors. The list of...
From: Mercom Capital Group Zenobē, a U.K.-based owner and operator of grid-scale battery storage, has announced the acquisition of a 400 MW ready-to-build battery energy...
China-based photovoltaic-grade polysilicon manufacturer Daqo New Energy Corporation reported a revenue of $75.2 million in the second quarter (Q2) of 2025, a 65.8%...
ACME Solar Holdings’ board of directors has approved a plan to raise ₹30 billion (~$342.23 million) in one or more tranches by issuing equity shares or other...
From: Mercom Capital Group Enviromena, a U.K.-based independent power producer, announced the acquisition of the 49.9 MW Longpasture solar project from Bluefield Solar,...
Hydrogen fuel cell solutions provider Plug Power reported a revenue of $174 million in the second quarter (Q2) of 2025, a 21% year-over-year (YoY) increase from $143...
Israel-based solar inverter manufacturer SolarEdge reported a revenue of $289.4 million in the second quarter (Q2) of 2025, a 9.04% year-over-year (YoY) growth from $265....
Solar module manufacturer Vikram Solar’s initial public offering (IPO) was oversubscribed 54.63 times at the end of the bidding window on August 21, 2025. The price band...
From: Mercom Capital Group Green Genius, a renewable energy company, entered into financing agreements for up to €64 million (~$75 million) with the Nordic Investment...
Entrepreneur and investor Nikhil Kamath, co-founder of online stock broking firm Zerodha, has invested ₹1.37 billion (~$15.68 million) in solar module manufacturer Goldi...
Decarbonization solutions company ReNew has reported a 1,202% year-over-year (YoY) increase in net profit to ₹5.13 billion ($59 million) in the first quarter (Q1) of the...
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Sep 16, 2025