funding

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Statiq Raises $18 Million to Expand EV Charging Network

Gurugram-based electric vehicle (EV) charging network operator Statiq has raised about ₹18 million through a mix of debt and equity. The funding round was led by...

February 20, 2026

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Rakesh Ranjan

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Electric Vehicles

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Grid
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Funding and M&A Roundup: SOLV Energy Raises $589 Million Through IPO

From: Mercom Capital Group SOLV Energy, a company that provides construction, operation, and maintenance services for large-scale solar and battery storage projects, has...

February 18, 2026

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Staff

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Energy Storage

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Solar
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GREW Solar Raises ₹10.5 Billion to Expand Cell Capacity in Madhya Pradesh

Solar module manufacturer GREW Solar has raised ₹10.5 billion (~$118.4 million) in a new funding round led by Bay Capital Investment to expand manufacturing capacity at...

February 13, 2026

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Meghana Prasad

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Finance and M&A

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Solar
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Funding and M&A Roundup: Lunar Energy Secures $232 Million

From: Mercom Capital Group Lunar Energy, a provider of integrated home battery systems and Virtual Power Plant (VPP) software, has raised $102 million in an...

February 11, 2026

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Staff

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Finance and M&A

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Other
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Adani Energy Receives Financing for ±800 kV HVDC Transmission Project

Adani Energy Solutions (AESL) has secured long-term financing from a consortium of Japanese banks, led by MUFG Bank and Sumitomo Mitsui Banking Corporation, for its ±800...

February 10, 2026

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Parth Shukla

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Finance and M&A

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Grid
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Radiance Renewables Raises $100 Million from Danish Fund, FMO

Mumbai-based Radiance Renewables, a clean energy firm backed by Eversource Capital, has raised about $100 million in equity funding from two major international...

February 9, 2026

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Rakesh Ranjan

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Finance and M&A

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Solar
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E-Bus Services Provider Drivn Gets $80 Million Boost from Nomura

Gurugram-based commercial electric mobility services provider Drivn has received a commitment of up to $80 million in funding from financial services company Nomura....

February 5, 2026

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Parth Shukla

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Electric Vehicles

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Finance and M&A
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Daily News Wrap-Up: CSERC Clarifies DSM Charges for Open Access Consumers

The Chhattisgarh State Electricity Regulatory Commission (CSERC) issued clarifications on the applicability of wheeling and Deviation Settlement Mechanism (DSM) charges...

February 4, 2026

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Mercom Staff

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Daily Wrap-up

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Other
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Funding and M&A Roundup: Jupiter Secures $500 Million Credit Facility

From: Mercom Capital Group Jupiter Power, a utility-scale energy storage project developer and operator, has secured a $500 million senior-secured green revolving loan...

February 4, 2026

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Staff

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Finance and M&A

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Other
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Battery Manufacturer Meine Electric Raises $750,000 in Pre-Seed Funding

Energy storage solutions provider, Meine Electric, has raised $750,000 (~₹67 million) in a pre-seed funding round from Antler, Rebalance, Venture Catalysts, gradCapital,...

January 28, 2026

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Parth Shukla

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Energy Storage

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Finance and M&A

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Technology
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Project Finance Brief: Low Carbon Closes Over $684 Million in Debt

From: Mercom Capital Group Low Carbon, a renewable energy project developer, raised more than £500 million (~$684 million) across senior and Holdco financing in...

January 28, 2026

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Staff

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Finance and M&A

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Other
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Funding and M&A Roundup: GlassPoint Secures $20 Million in Funding

From: Mercom Capital Group GlassPoint, a company that provides solar thermal-based energy solutions, has closed $20 million in a funding round led by N.I.S. New...

January 28, 2026

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Staff

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Finance and M&A

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Other
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Daily News Wrap-Up: Solar Tenders, Auctions Down in 2025

In 2025, tender announcements for utility-scale solar projects declined to nearly 44 GW, down 45% from 2024, according to Mercom India Research. During the year, around...

January 27, 2026

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Mercom Staff

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Daily Wrap-up
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What SMEs Should Know Before Applying for Solar Financing in India

Clean energy sources, including solar, can deliver long-term cost savings and improve resilience against power supply volatility. As India accelerates its renewable...

January 27, 2026

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Parth Shukla

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C&I

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Finance and M&A

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Renewable Energy
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Climate Fintech Company Cloover Raises $1.2 Billion in Debt, Equity

Berlin-based climate fintech company Cloover has secured over $1.2 billion in funding commitments, comprising equity and debt facilities from investors, to build an AI...

January 23, 2026

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Melvin Mathew

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Finance and M&A

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Renewable Energy

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