funding

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Rooftop Solar Financing Firm Ecofy Secures $12.5 Million Loan from IFU

Green transition-focused non-banking finance company Ecofy Finance has secured a $12.5 million (~₹1.07 billion) long-term loan from Denmark government’s Investment Fund...

March 25, 2025

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Melvin Mathew

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Finance and M&A

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Solar
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KPI Green Secures ₹2.72 Billion Loan for 50 MW Hybrid Power Project

Surat-based renewable energy solutions provider KPI Green Energy has secured a credit facility of ₹2.72 billion (~$31.4 million) to partly finance a 50 MW hybrid power...

March 19, 2025

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Tina Freese

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Finance and M&A

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Solar

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Wind
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Funding and M&A Roundup: Terabase Energy Secures $130 Million

From: Mercom Capital Group Terabase Energy, a digital solutions provider for solar power projects, received $130 million in a Series C funding round led by SoftBank...

March 19, 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: Cypress Creek Secures $133 Million for Energy Storage Project

From: Mercom Capital Group Cypress Creek Renewables, a renewable energy project developer and independent power producer, secured approximately $133 million in...

March 19, 2025

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Staff

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Finance and M&A

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Solar
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SWELECT Raises ₹2.9 Billion Through Private Placement with India Infradebt

Solar power systems company SWELECT Group has secured ₹2.9 billion (~$33.39 million) in funding through non-convertible debentures via a private placement with India...

March 17, 2025

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Arjun Joshi

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Finance and M&A

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Solar
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Amrut Energy Raises ₹1 Billion to Expand Solar Water Pump Manufacturing

Ahmedabad-based Amrut Energy, a solar water pumps manufacturer and renewable energy solutions provider, has secured ₹1 billion (~$11.49 million) in funding from private...

March 13, 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: NTPC Green Floats EoI for 5 MW Solar Project with BESS

NTPC Green Energy invited expressions of interest (EoI) to develop a 5 MW solar project and a 4 MW/12 MWh battery energy storage system in Great Nicobar Island. This EoI...

March 13, 2025

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Mercom Staff

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Daily Wrap-up
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Energy Storage Solutions Provider AmpereHour Secures $5 Million

Pune-based energy storage solutions provider AmpereHour Energy has secured $5 million (₹415 million) in a Series A funding round led by Avaana Capital, with...

March 12, 2025

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Staff

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Energy Storage

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Finance and M&A
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Project Finance Brief: European Energy Sells 470 MW Solar and Wind Projects

From: Mercom Capital Group European Energy, a renewable energy project developer, announced that it has entered into an agreement with Energix Group to sell 470 MW of...

March 12, 2025

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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: Tandem PV Raises $50 Million

From: Mercom Capital Group Tandem PV, a perovskite-based solar panel developer, has secured $50 million in Series A and debt funding, which it plans to use to construct...

March 12, 2025

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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: SmartSolar Raises $1.8 Million in Seed Funding

From: Mercom Capital Group SmartSolar, a rooftop solar solution provider, has raised $1.85 million in seed funding. The funding was led by Picus Capital and 2degrees,...

March 5, 2025

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Staff

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Finance and M&A

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Solar
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EV Company Vidyut Raises $2.5 Million From Flourish Ventures

Vidyut, an electric vehicle (EV) ecosystem platform, has raised $2.5 million in funding from global investor Flourish Ventures. The company will utilize the acquired...

March 3, 2025

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Tina Freese

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Renewable Energy
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Funding and M&A Roundup: Scale Energy Raises $2 Million in Seed Funding

From: Mercom Capital Group Scale Energy, a Berlin-based industrial battery storage systems developer, secured €2 million (~$2.1 million) in an oversubscribed seed...

February 27, 2025

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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 Module Capacity Under ALMM Drops to 67.1 GW

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...

February 19, 2025

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Mercom Staff

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Daily Wrap-up
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Funding and M&A Roundup: ACCURE Battery Intelligence Secures $16 Million

From: Mercom Capital Group ACCURE Battery Intelligence, a battery software solutions provider, has secured $16 million in an oversubscribed Series B funding round. The...

February 19, 2025

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Staff

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Finance and M&A

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Other

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