funding
The Ministry of New and Renewable Energy added two new entrants, Easy Photovoltech and Akshaya Solar Power (India), to the Approved List of Module Manufacturers, adding...
From: Mercom Capital Group ACCURE Battery Intelligence, a battery software solutions provider, has secured $16 million in an oversubscribed Series B funding round. The...
Bengaluru-based deep-tech power electronics startup Dynolt Technologies has secured $1.7 million (~₹147.7 million) in a seed funding round led by Transition VC. Angel...
From: Mercom Capital Group Tyba, a company that provides an optimization platform for energy storage projects, secured $13.9 million in Series A funding, bringing its...
From: Mercom Capital Group Matrix Renewables, the TPG Rise-backed global renewable energy company, announced the closing of €40 million (~$41.36 million) in non-recourse...
From: Mercom Capital Group Sunrun, a provider of residential solar energy solutions, has priced $629 million in the securitization of leases and power purchase...
From: Mercom Capital Group Invenergy, a solar, wind, and energy storage project developer, announced closing $1.1 billion in debt financing to support the development...
GAIL (India) has announced an increase in its startup investment fund from ₹1 billion (~$11.53 million) to ₹5 billion (~$57.67 million). The increased fund will be...
Coal India (CIL) has invited proposals from financial institutions for a loan of ₹12.17 billion (~$147.05 million) to set up 300 MW ground-mounted solar power project...
From: Mercom Capital Group FlexGen Power Systems, an energy storage solutions and software technology provider, secured a $75 million revolving credit facility. J.P....
Cancrie, a Jaipur-based energy storage company, has raised $1.2 million (₹103.62 million) in a maiden institutional seed round from Roots Ventures and IIMA Ventures. The...
Bid invitations for utility-scale solar projects in calendar year 2024 surpassed annual tender announcements of all previous years. Several entities floated tenders...
According to Mercom Capital Group’s newly released Annual and Q4 2024 Funding and M&A Report for Storage & Grid, corporate funding for energy storage companies,...
Onix Renewable, Jindal India Renewable Energy, NTPC Renewable Energy, Kolar Solar Power, ReNew Solar Power, and Adani Renewable Energy Holding Nine won NHPC’s auction to...
The Indian Renewable Energy Development Agency (IREDA), a public sector company under the Ministry of New and Renewable Energy (MNRE), has announced plans to raise ₹50...
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