Finance and M&A

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Juniper Green Files Draft Papers with SEBI for ₹30 Billion IPO

Independent renewable energy producer Juniper Green Energy has filed its draft red herring prospectus (DRHP) to raise over ₹30 billion (~$349 million) through an initial...

June 30, 2025

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Tina Freese

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Finance and M&A

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Solar

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Wind
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INOX Acquires Skypower Solar India’s 50 MW Solar Project in Madhya Pradesh

INOXGFL Group’s subsidiary Inox Neo Energies has completed the acquisition of Skypower Solar India, which operates a 50 MW solar power project in Madhya Pradesh....

June 30, 2025

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Staff

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Finance and M&A

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Solar
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Rayzon Solar Files for ₹15 Billion IPO, to Use Funds for Cell Manufacturing

Solar module manufacturer Rayzon Solar has filed a draft red herring prospectus (DRHP) with the Securities and Exchange Board of India to raise ₹15 billion (~$175...

June 27, 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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Onix Renewable Makes Open Offer for 6.4% Stakes in Onix Solar Energy

Gujarat-based Onix Renewable has offered ₹264 (~$3) per share to acquire 1.6 million equity shares of Onix Solar Energy for approximately ₹429 million (~$5 million)....

June 27, 2025

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Tina Freese

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Finance and M&A

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Solar
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Meyer Burger Files Bankruptcy for US Subsidiaries and Debtor Affiliates

Close on the heels of its German subsidiaries filing for insolvency, Meyer Burger and its subsidiaries and debtor affiliates in the U.S. have filed for Chapter 11...

June 27, 2025

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Melvin Mathew

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Finance and M&A

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Solar
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Adani Electricity Mumbai Buys Back $49.5 Million Debt Bonds

Adani Electricity Mumbai (AEML) has concluded the open-market repurchase of its senior secured notes worth $49.5 million (~₹4.25 billion). The transaction is part of a...

June 25, 2025

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Melvin Mathew

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Finance and M&A

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Grid

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T&D
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Samvardhana to Source Power From Hinduja’s 50 MW Captive Solar Project

Noida-based automotive component manufacturer Samvardhana Motherson International has signed an agreement with HR Dhauliganga, a special-purpose vehicle of Hinduja...

June 20, 2025

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Arjun Joshi

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Finance and M&A

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Solar
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Solar Inverter Firm Yaskawa America to Invest $180 Million in Wisconsin Plant

Yaskawa America, which manufactures solar inverters and industrial robots, is investing $180 million to expand and consolidate its facilities into a single campus in...

June 18, 2025

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Tina Freese

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Finance and M&A

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Solar
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Project Finance Brief: Scatec Secures $479 Million for Solar and Storage Project in Egypt

From: Mercom Capital Group Scatec, a renewable energy solutions provider, has secured $479.1 million of non-recourse project financing to develop the Obelisk hybrid...

June 18, 2025

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Staff

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Finance and M&A

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Solar
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Higher Solar Module Sales Propel ReNew’s Net Profit Up 415% in Q4 FY 2025

Decarbonization solutions company ReNew has reported a 415% year-over-year (YoY) increase in net profit to ₹3.14 billion (~$36.48 million) in the fourth quarter (Q4) of...

June 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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Clean Energy Lender Solar Mosaic Files for Bankruptcy

Hit by multiple macroeconomic challenges, U.S. residential solar fintech and energy-efficient home improvement platform Solar Mosaic has filed for relief under Chapter...

June 12, 2025

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Staff

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Finance and M&A

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Solar
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Company Law Tribunal Approves Inox Wind Energy’s Merger with Inox Wind 

The National Company Law Tribunal, Chandigarh bench, has approved the merger between Inox Wind Energy (IWEL) and Inox Wind (IWL), both INOXGFL Group companies. The...

June 11, 2025

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Tina Freese

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Finance and M&A

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Wind
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Project Finance Brief: Enlight Secures $310 Million for Hybrid Renewable Project

From: Mercom Capital Group Enlight Renewable Energy, a developer of renewable energy projects, has secured around $310 million for the hybridization of the Gecama...

June 11, 2025

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Staff

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Finance and M&A

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Solar
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Residential Solar Company Sunnova Energy Files for Bankruptcy in US

Under pressure from increasing debt and falling demand, U.S.-based residential solar company Sunnova Energy filed for Chapter 11 bankruptcy protection on Sunday. Earlier...

June 9, 2025

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Tina Freese

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Finance and M&A

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Solar
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IndiGrid to Acquire Solar and Transmission Assets from ReNew for ₹21 Billion 

Power transmission and renewable energy company IndiGrid has announced that it will acquire ReNew Surya Aayan and Koppal–Narendra Transmission for a total...

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