Technique Solaire Acquires a 34 MW Solar Project from Jakson Group

Technique Solaire Acquires a 34 MW Solar Project from Jakson Group

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 ...
/ / Finance and M&A, Solar
Clean Energy Platform WattBuy Secures Additional $10 Million in Series A Funding

Clean Energy Platform WattBuy Secures Additional $10 Million in Series A Funding

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 ...
/ / Finance and M&A, Solar
Reliance’s Green Energy Arm to Invest $39 Million in Solar Wafer Manufacturer NexWafe

Reliance’s Green Energy Arm to Invest $39 Million in Solar Wafer Manufacturer NexWafe

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 ...
/ / Finance and M&A, Solar
Oorja Raises $1 Million in Seed Funding for Agri Solar Solutions

Oorja Raises $1 Million in Seed Funding for Agri Solar Solutions

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 ...
/ / Finance and M&A, Solar
RedEarth Energy Storage Raises $8.8 Million in Pre-IPO Round

RedEarth Energy Storage Raises $8.8 Million in Pre-IPO Round

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 ...
/ / Finance and M&A, Solar
Jubilant Ingrevia to Buy Solar Power from AMP Energy's 15.5 MW Open Access Project

Jubilant Ingrevia to Buy Solar Power from AMP Energy’s 15.5 MW Open Access Project

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 ...
/ / Finance and M&A, Solar
Vector Green Energy Secures ₹11 Billion Loan from IREDA for its Solar Portfolio

Vector Green Energy Secures ₹11 Billion Loan from IREDA for its Solar Portfolio

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 ...
/ / Finance and M&A, Solar
SunPower Acquires Residential Solar Company Blue Raven for $165 Million

SunPower Acquires Residential Solar Company Blue Raven for $165 Million

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 ...
/ / Finance and M&A, Solar
Reliance To Buy 40% Stake in EPC Company Sterling & Wilson Solar

Reliance to Buy 40% Stake in EPC Company Sterling & Wilson Solar

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 ...
/ / Finance and M&A, Solar
Project Finance Brief: Altus Power Closes €36.2 Million Sale Leaseback Solar Funding

Project Finance Brief: Altus Power Closes €36.2 Million Sale Leaseback Solar Funding

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 ...
/ / Finance and M&A, Solar
Funding and M&A Roundup: Energy Storage Company VFlowTech Secures $3 Million Financing

Funding and M&A Roundup: Energy Storage Company VFlowTech Secures $3 Million Financing

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 ...
/ / Finance and M&A, Solar
Reliance Acquires REC Solar Holding for $771 Million

Reliance Acquires REC Solar Holding for $771 Million

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, ...
/ / Finance and M&A, Solar
Cleantech Solar Secures ₹2 Billion Loan Facility for its Open Access Portfolio in India

Cleantech Solar Secures ₹2 Billion Loan Facility for its Open Access Portfolio in India

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 ...
/ / Finance and M&A, Solar
Funding and M&A Roundup: Energy Storage Company Fluence Files for IPO

Funding and M&A Roundup: Energy Storage Company Fluence Files for IPO

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 ...
/ / Finance and M&A, Solar
Project Finance Brief: Iberdrola Acquires a 190 MW Solar Project from RES

Project Finance Brief: Iberdrola Acquires a 190 MW Solar Project from RES

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, ...
/ / Finance and M&A, Solar
EV Ride-Hailing Platform BluSmart Raises $25 Million in Series A Funding

EV Ride-Hailing Platform BluSmart Raises $25 Million in Series A Funding

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 ...
/ / Finance and M&A, Solar
Adani Green Energy to Acquire a 40 MW Solar Project in Odisha

Adani Green Energy to Acquire a 40 MW Solar Project in Odisha

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 ...
/ / Finance and M&A, Solar
KKR-Sponsored Virescent Raises ₹4.6 Billion for its Renewable Energy InvIT

KKR-Sponsored Virescent Raises ₹4.6 Billion for its Renewable Energy InvIT

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 ...
/ / Finance and M&A, Solar
Funding and M&A Roundup: Solar Leasing Firm Enpal Raises $322 Million

Funding and M&A Roundup: Solar Leasing Firm Enpal Raises $322 Million

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, ...
/ / Finance and M&A, Solar
Project Finance Brief: Lightsource bp Raises $1.8 Billion Credit for 25 GW of Solar Projects

Project Finance Brief: Lightsource bp Raises $1.8 Billion Credit for 25 GW of Solar Projects

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 ...
/ / Finance and M&A, Solar
Solar Cell & Module Maker Premier Energies Raises ₹2 Billion from GEF Capital

Solar Cell & Module Maker Premier Energies Raises ₹2 Billion from GEF Capital

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 ...
/ / Finance and M&A, Solar
Torrent Power Acquires 156 MW Wind Projects from CESC for ₹7.9 Billion

Torrent Power Acquires 156 MW Wind Projects from CESC for ₹7.9 Billion

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 ...
/ / Finance and M&A, Wind
Lightsource bp Secures $1.8 Billion Credit Facility for Solar Expansion

Lightsource bp Secures $1.8 Billion Credit Facility for Solar Expansion

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 ...
/ / Finance and M&A, Solar
Clean Energy Platform Arcadia Raises $100 Million in Series D Funding

Clean Energy Platform Arcadia Raises $100 Million in Series D Funding

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 ...
/ / Finance and M&A, Solar
Project Finance Brief: 1.8 GW Vineyard Wind Offshore Project Closes $2.3B in Financing

Project Finance Brief: 1.8 GW Vineyard Wind Offshore Project Closes $2.3B in Financing

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, ...
/ / Finance and M&A, Solar