Finance and M&A
Wind energy solutions provider Inox Wind reported a profit after tax of ₹376.7 million (~$4.51 million) for the fourth quarter (Q4) of the financial year (FY) 2024 from...
Finland-based energy company Fortum said it is exiting the Indian solar power market after signing an agreement to sell its remaining 43.75% stake in a 185 MW solar...
U.S.-based First Solar’s net income for the first quarter (Q1) of 2024 surged by 455% to $236.6 million from $42.6 million in the same quarter last year, with the solar...
China-headquartered solar cell and module manufacturer JinkoSolar saw a 44% decline in its first quarter (Q1) profit as decreasing module prices hurt the company’s...
From: Mercom Capital Group Origis Energy, a vertically integrated renewable energy platform and solar project developer, secured a $136 million construction financing...
Government-owned lender Indian Renewable Energy Development Agency (IREDA) has reported a 45.9 % year-over-year (YoY) increase in profit after tax for the fourth quarter...
Telangana-based solar cell and module manufacturer Premier Energies has filed the draft red herring prospectus (DRHP) with the Securities and Exchange Board of India to...
The solar sector secured $8.1 billion in corporate funding through 41 transactions in the first quarter (Q1) of 2024, marking a 4% decrease from the $8.4 billion raised...
Avaada Energy has closed a ₹44.71 billion (~$535.3 million) refinancing deal with the National Bank for Financing Infrastructure and Development (NaBFID) for four...
From: Mercom Capital Group Arevon Energy, a solar and storage project developer, has secured $352 million in financing for the construction and development of 228 MW of...
Husk Power Systems, a decentralized solar-hybrid mini-grids provider, has secured a $4 million investment in debt financing from Electrifi. This impact investment...
From: Mercom Capital Group OX2, a solar and energy storage project developer, reached an agreement to sell the 42.5 MW/ 42.5 MWh Bredhälla energy storage project in...
From: Mercom Capital Group Pivot Energy, a solar project developer, has secured tax equity investment from the U.S. retail chain Walmart to develop 19 solar...
Germany-based solar energy equipment supplier SMA Solar Technology reported a 79% jump in its 2023 revenue on the back of strong inverter sales. The company’s...
China-headquartered solar cell and module manufacturer JinkoSolar‘s total revenue in the fourth quarter (Q4) of 2023 rose by 9.4% year-over-year (YoY) to RMB 32.83...
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