From: Mercom Capital Group

Activ8 Energies, an Ireland-based solar panel provider, has acquired solar energy solutions provider, Low Carbon Energy. Through this acquisition, Activ8, which is 50% owned by SSE Airtricity, a subsidiary of SSE, plans to double its turnover and installed solar capacity in the coming years as it aims to expand its service beyond Ireland with the goal of becoming a leading renewable energy provider for commercial and industrial sectors in the U.K. Low Carbon Energy will continue operating under its existing brand in the near term.

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 Solar. The investment will enable Goldi Solar, with manufacturing facilities in Gujarat, India, to expand its solar module production capacity. Goldi Solar said it has nearly tripled its module manufacturing capacity from 3 GW to 14.7 GW in the last 12 months. It is also expanding its solar cell manufacturing in Surat, Gujarat.

Independent renewable energy producer, Juniper Green Energy, has secured ₹17.39 billion (~$198.4 million) in debt financing from the Indian Renewable Energy Development Agency (IREDA). The funds will be utilized to execute the company’s large-scale renewable energy projects and strengthen its operational capacity. In February 2025, Juniper had raised $1 billion in debt from Power Finance Corporation, DBS Bank, HSBC Bank, and IREDA. The funding was intended to support its wind-solar hybrid and firm and dispatchable renewable energy projects.

Combined carbon dioxide (CO₂) removal and green hydrogen production company Equatic has closed its Series A funding round, raising $11.6 million. The funding round was led by Temasek Trust’s catalytic vehicle, Catalytic Capital for Climate and Health, and Singapore-based private investment office Kibo Invest. Equatic will utilize the funds to accelerate the engineering scale-up and commercialization of its patented seawater electrolysis technology. The company claims to produce green hydrogen from seawater while capturing and storing carbon dioxide.

For reports and trackers on funding and M&A transactions in solar, energy storage, and smart grid sectors, click here.

Read last week’s funding roundup.