financing

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Project Finance Brief: Pivot Energy Secures $200 Million for Community Solar Portfolio

From: Mercom Capital Group Pivot Energy, a renewable energy provider and independent power producer that develops, finances, builds, owns, and manages solar and energy...

May 14, 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: Doral Renewables Closes Funding for the Great Bend Solar Project

From: Mercom Capital Group Doral Renewables, a utility-scale renewable energy project developer, closed tax equity funding for its Great Bend solar project. Fifth Third...

May 7, 2025

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Staff

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Finance and M&A

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Solar
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Daily News Wrap-Up: Karnataka Announces Open Access Regulations 2025

The Karnataka Electricity Regulatory Commission issued the Karnataka Electricity Regulatory Commission (Terms and Conditions for Open Access) Regulations, 2025. This...

April 25, 2025

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Mercom Staff

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Daily Wrap-up
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Daily News Wrap-Up: Government Expands Substation Radius to 5 km for ISTS Projects

The Ministry of Power introduced amendments to the standard bidding documents for procuring interstate transmission services (ISTS) through a tariff-based competitive...

April 7, 2025

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Mercom Staff

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Daily Wrap-up
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Solar Financing Firm Aerem Raises ₹1 Billion from Japan-Based UTEC

Solar energy financing firm Aerem has secured ₹1 billion (~$11.7 million) from Japan-based venture capital firm University of Tokyo Edge Capital Partners (UTEC) in a...

April 4, 2025

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Melvin Mathew

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Finance and M&A

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Solar
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AMPIN Energy Secures $50 Million Investment from Siemens Financial Services

Independent power producer AMPIN Energy Transition has secured an investment of $50 million (~₹4.28 billion) from Siemens Financial Services, the financing arm of...

March 26, 2025

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Melvin Mathew

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Finance and M&A

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Renewable Energy
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IREDA Raises ₹9.1 Billion Through Privately Placed Tier-II Bonds

Government-owned lender Indian Renewable Energy Development Agency (IREDA) has raised ₹9.1 billion (~$106.16 million) by issuing privately placed subordinated Tier II...

March 26, 2025

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Melvin Mathew

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Finance and M&A

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Renewable Energy
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RBI Increases Priority Sector Lending Cap for Renewables to ₹350 Million

The Reserve Bank of India (RBI) has increased the lending limit for the renewable energy sector in its new guidelines for priority sector lending, set to take effect...

March 25, 2025

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Arjun Joshi

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Finance and M&A

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Renewable Energy
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DBS Targets Zero Exposure to Thermal Coal Power Projects

Singapore-based multinational banking and financial services corporation DBS Bank has ceased financing new coal mining or thermal coal power assets. DBS said in its...

March 12, 2025

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Melvin Mathew

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Finance and M&A

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Other

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Renewable Energy
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Attractive Financing Options for C&I Rooftop Solar with Rates as Low as 6.8%

As businesses increasingly transition toward clean energy, financing options for solar projects have become a crucial discussion topic. At the recent C&I Clean...

March 11, 2025

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Arjun Joshi

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C&I

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Solar
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Indian Railway Finance Corporation Expands into Renewable Energy Financing

Another public sector enterprise has entered India’s renewable energy financing landscape at a time when mobilizing funds for the sector is considered key to installing...

March 7, 2025

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B.S. Nagaraj

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Finance and M&A

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Renewable Energy
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ACME Secures ₹37 Billion Loan from REC for 320 MW FDRE Projects

ACME Sun Power, a wholly owned subsidiary of ACME Solar Holdings, has secured a ₹37.53 billion (~$444.68 million) loan from REC Limited to develop 320 MW Firm and...

November 18, 2024

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Arjun Joshi

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Finance and M&A

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Solar
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Daily News Wrap-Up: Prozeal Bags 5 MW/50 MWh Solar Plus Storage Project

Solar energy solutions provider Prozeal Green Energy has won Solar Energy Corporation of India’s (SECI) tender for the design, engineering, supply, construction,...

October 18, 2024

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Mercom Staff

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Daily Wrap-up
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Attractive Financing Options for C&I Rooftop Solar with Rates as Low as 7.5%

With a surge in rooftop solar interest among commercial and industrial (C&I) consumers, banks and other financial institutions are offering loans at interest rates...

September 12, 2024

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Staff

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C&I

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Solar
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Powering the Future: Insights on Financing India’s Renewable Energy Projects

The “Financing the Renewable Energy Sector” session at the Mercom India Renewables Summit 2024 brought together key industry leaders to discuss the current...

July 31, 2024

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Gautamee Hazarika

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Other

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Renewable Energy

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