acquisition

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Waaree to Buy 64% Stake in Power Transformer Firm Kotsons

Solar module manufacturer Waaree Energies will acquire a 64% equity stake in Rajasthan-based power transformer solutions company Kotsons for ₹1.92 billion (~$21.79...

September 3, 2025

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Staff

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Finance and M&A

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Renewable Energy
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Project Finance Brief: Zenobē Acquires 400 MW Battery Energy Storage Project

From: Mercom Capital Group Zenobē, a U.K.-based owner and operator of grid-scale battery storage, has announced the acquisition of a 400 MW ready-to-build battery energy...

September 3, 2025

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Staff

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Finance and M&A

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Solar
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Project Finance Brief: Scatec Secures $27 Million Financing for 142 MW Solar Project

From: Mercom Capital Group Scatec, a renewable energy solutions provider, secured BRL 150 million (~$27 million) non-recourse project financing for the development of a...

August 13, 2025

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Staff

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Solar
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Project Finance Brief: DSD Renewables Secures $238 Million for Distributed Solar Projects

From: Mercom Capital Group DSD Renewables, a provider of customized solar PV energy and energy storage solutions, announced the closing of $238 million in financing to...

August 6, 2025

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Staff

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Finance and M&A

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Solar
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Project Finance Brief: Recurrent Energy Secures $260 Million for 94 MW Solar Project

From: Mercom Capital Group Recurrent Energy, a solar and energy storage project developer and wholly owned subsidiary of Canadian Solar, closed $260 million in project...

July 23, 2025

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Sohini Aich

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Solar
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JK Tyre to Source 5 MW of Renewable Energy from STTY RE

JK Tyre will procure power from STTY RE’s 5 MW solar project for 25 years in captive mode. The tyre company’s board approved an investment of ₹12.2 million (~$142,570)...

July 10, 2025

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Staff

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C&I

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Solar
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Project Finance Brief: ContourGlobal Acquires 1.6 GW Battery Energy Storage Projects

From: Mercom Capital Group ContourGlobal, a renewable energy power generation and a subsidiary of KKR, announced the acquisition of battery energy storage projects...

July 9, 2025

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Staff

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Finance and M&A

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Solar
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ILJIN Electronics Forays into BESS, Buys Majority Stake in Power-One

ILJIN Electronics, a material subsidiary of Amber Group, has entered into definitive agreements for a majority stake in Bengaluru-based Power One Micro Systems....

July 7, 2025

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Melvin Mathew

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Energy Storage

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Solar
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Project Finance Brief: Luxcara Acquires 520 MW Battery Storage Project in Germany

From: Mercom Capital Group Luxcara, an independent asset manager specializing in clean energy infrastructure projects, has announced the acquisition of a 520 MW battery...

July 2, 2025

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Staff

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Solar
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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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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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Servotech Acquires 27% Stake in Module Manufacturer Rhine Solar

New Delhi-based solar solutions and electric vehicle (EV) charger manufacturer Servotech Renewable Power System (Servotech) has entered a definitive agreement to acquire...

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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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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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Enviro Infra Engineers to Acquire Solar Project Developer Sunaxis

New Delhi-based waste and wastewater management solutions company Enviro Infra Engineers (EIEL) has announced it will acquire Sunaxis Renewables (Sunaxis Solar) from EIE...

June 2, 2025

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Melvin Mathew

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Open Access

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Solar

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