funding

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Funding and M&A Roundup: Nextracker Acquires Bentek Corporation

From: Mercom Capital Group Nextracker, a solar tracker and software solutions provider, announced the acquisition of Bentek Corporation, a provider of electrical balance...

May 21, 2025

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Staff

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Finance and M&A

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Other
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MENA Weekly Round-Up: Scatec’s 1 GW Solar Project in Egypt Secures $30 Million

The European Bank for Reconstruction and Development (EBRD) provided a $30 million equity bridge loan to Obelisk Solar Power, a special purpose vehicle owned by Scatec....

May 19, 2025

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Melvin Mathew

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Other

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Solar
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Funding and M&A Roundup: Energy Solutions Group Secures $139 Million

From: Mercom Capital Group Energy Solutions Group, an independent power producer specializing in renewable energy, announced the closing of a €125 million (~$139...

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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BluPine Closes ₹3.76 Billion Funding for 100 MW Solar Project in Gujarat

Gurugram-based renewable energy services company BluPine Energy, an Actis-backed renewable energy platform, has achieved financial closure of a debt funding of ₹3.76...

May 12, 2025

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Melvin Mathew

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Finance and M&A

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Solar
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Funding and M&A Roundup: Recurrent Energy Secures $415 Million

From: Mercom Capital Group Recurrent Energy, a solar and energy storage project developer and wholly owned subsidiary of Canadian Solar, has secured a multi-currency...

May 7, 2025

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Staff

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Finance and M&A

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Other
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ReNew Secures ₹8.7 Billion from British International Investment

Independent power producer ReNew Energy Global has secured an investment of ₹8.7 billion (~$100 million) from British International Investment (BII), a UK-based...

May 6, 2025

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Melvin Mathew

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Finance and M&A

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Solar
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Funding and M&A Roundup: Exowatt Closes $70 Million Series A Funding

From: Mercom Capital Group Exowatt, a provider of thermal energy storage solutions, secured $70 million in a Series A funding round led by Felicis, a venture capital...

April 30, 2025

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Staff

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Finance and M&A

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Other
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ALTÉRRA to Invest $100 Million in Evren

Private climate investment vehicle ALTÉRRA will invest $100 million (~₹8.52 billion) in the India-based renewable energy company Evren. The funds will be utilized to...

April 29, 2025

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Melvin Mathew

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Finance and M&A

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Open Access

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Solar
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Funding and M&A Roundup: Solar Energy Startup Arnergy Raises $15 Million

From: Mercom Capital Group Arnergy, a provider of distributed solar energy solutions, has raised $15 million as an extension of its Series B round, adding to the $3...

April 23, 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: CEA Approves DPRs of 7.5 GW Pumped Storage Projects

The Central Electricity Authority (CEA) greenlighted Detailed Project Reports (DPRs) of six pumped hydro storage projects (PSPs) with a total capacity of 7.5 GW. The...

April 16, 2025

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Mercom Staff

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Daily Wrap-up
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Funding and M&A Roundup: Base Power Raises $200 Million

From: Mercom Capital Group Base Power, a distributed energy storage solutions provider, secured $200 million in a Series B funding round. Addition, a16z, Lightspeed, and...

April 16, 2025

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Staff

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Finance and M&A

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Other
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Project Finance Brief: Octopus Secures Financing for 80 MW Solar and Storage Project

From: Mercom Capital Group Octopus Australia, a renewable energy project developer and fund manager, has reached financial close on the 80 MW Fulham Solar Project and...

April 16, 2025

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Staff

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Finance and M&A

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Solar
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Jupiter Secures ₹5 Billion for Solar Cell and Module Manufacturing Expansion

Kolkata-based solar cell manufacturer and solar solutions provider Jupiter International has secured a ₹5 billion (~$58.07 million) investment from ValueQuest SCALE Fund....

April 15, 2025

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Melvin Mathew

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Finance and M&A

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Modules

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Solar
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Funding and M&A Roundup: Zero Industrial Raises $10 Million

From: Mercom Capital Group Zero Industrial, a thermal energy storage solution provider, raised $10 million in Series A funding led by Evok Innovations with participation...

April 9, 2025

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Staff

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Finance and M&A

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Other
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Project Finance Brief: Potentia Energy Acquires 1 GW of Renewable Energy Projects

From: Mercom Capital Group Potentia Energy, a renewable energy developer co-owned by Enel Green Power and INPEX, completed the acquisition of controlling stakes in a...

April 9, 2025

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Staff

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Finance and M&A

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Solar

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