Finance and M&A

France-based solar developer Technique Solaire has acquired a 34 MW ground-mounted solar project in Uttar Pradesh from the Jakson Group and businessman Ravi Goyal. With this acquisition, Technique Solaire's operational solar capacity in India ...

Clean energy platform WattBuy has announced a $10 million expansion of their Series A raise, led by SE Ventures, a venture capital fund backed by Schneider Electric, along with My ...

Reliance New Energy Solar, the green energy arm of Reliance Industries, will invest €25 million (~$29 million) in a Germany-based solar wafer manufacturer, NexWafe GmbH. Reliance New Energy Solar will be the ...

Oorja Development Solutions, a Delhi-based off-grid solar services provider, said it had secured $1 million in seed funding from Schneider Electric Energy Access Asia (SEEAA). The company will utilize the ...

Solar battery network startup RedEarth Energy Storage has raised AU$12 million (~$8.82 million) in a pre-IPO round led by Ord Minnett Private Opportunities. The company plans to use the funds ...

Jubilant Ingrevia, a Noida-based integrated life sciences company, has signed an agreement with AMP Energy C&I Private Limited, a wholly-owned subsidiary of AMP Energy, to acquire a 26.6% stake in ...

The Indian Renewable Energy Development Agency (IREDA) has disbursed a loan of ~₹11 billion (~$146.43 million) to Vector Green Energy, a Mumbai-based independent power producer focused on solar and wind ...

Distributed generation storage and energy services provider SunPower has acquired residential solar provider Blue Raven Solar. The acquisition was made for a cash consideration of up to $165 million. The ...

Reliance New Energy Solar Limited (RNESL), the green energy arm of Reliance Industries, has signed an agreement with Shapoorji Pallonji and Company Private Limited (SPCPL) to acquire a 40% stake ...

From: Mercom Capital Group Altus Power, a clean energy firm, has completed a sale leaseback tax equity financing worth €36.2 million (~$42 million) for several unspecified solar projects in Minnesota and Massachusetts. Fifth Third ...

From: Mercom Capital Group Energy storage solutions provider VFlowTech has secured $3 million in Pre-Series A financing led by Wavemaker Partners, with participation from SEEDS Capital, Sing Fuels, and other prominent angel investors ...

Reliance New Energy Solar, a wholly-owned subsidiary of Reliance Industries, has acquired REC Solar Holdings from China National Bluestar Group for $771 million. REC is a Norway-headquartered solar cell, modules, ...

Singapore-based solar developer Cleantech Solar has announced the financial close of ₹2 billion (~$26.72 million) senior secured loan facility with NIIF Infrastructure. The loan will be utilized to refinance the company’s portfolio of ...

From: Mercom Capital Group Fluence, a provider of energy storage products and services, has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission (SEC) relating to a proposed ...

From: Mercom Capital Group Iberdrola, a multinational electric utility company, acquired the 190 MWac (245 MWdc) Avonlie solar project from RES, an independent renewable energy company. The project is in New South Wales, ...

Electric ride-hailing platform BluSmart has raised $25 million in Series A funding from multiple investors. bp ventures, a venture capital arm of energy major bp, led the financing round and ...

Adani Renewable Energy (MH), a wholly-owned subsidiary of Adani Green Energy (AGEL), has signed an agreement with Essel Green Energy to acquire its 40 MW operational solar project in Odisha ...

Virescent Renewable Energy Trust (VRET), a renewable energy infrastructure investment trust (InvIt) from KKR's Virescent Infrastructure, has raised ₹4.6 billion (~$62 million) from foreign and domestic investors. Alberta Investment Management Corporation ...

From: Mercom Capital Group Enpal, a German-based solar PV and battery leasing solutions company, secured senior debt commitments of €275 million (~$322 million) from BlackRock, Pricoa Private Capital, and UniCredit. In addition, ...

From: Mercom Capital Group Lightsource bp, a global solar project developer, secured a $1.8 billion revolving credit facility and trade finance facility to develop 25 GW of solar by 2025. The funding ...

Solar photovoltaic (PV) cell and module manufacturer Premier Energies has raised ₹2 billion (~$27.11 million) from climate investment-focused private equity manager GEF Capital Partners. Premier Energies will infuse the funds ...

Torrent Power Limited has entered into a share purchase agreement with CESC Limited, Haldia Energy Limited, and other nominal shareholders to acquire 100% of the share capital of Surya Vidyut ...

Solar developer Lightsource bp has secured a $1.8 billion credit and trade finance facility to support its global expansion strategy. The company plans to develop 25 GW of solar projects ...

Arcadia, a clean energy platform that connects homeowners to clean energy programs in the United States, has secured $100 million in funding. The Series D funding round was led by ...

From: Mercom Capital Group Amp Power Australia, the Australian operating company of global clean energy project developer Amp Energy, closed project financing for its 120 MW Hillston Solar Farm in New South Wales, ...