Naxatra Labs, a manufacturer of motors and controllers for electric vehicles (EVs), has raised $3 million in a Pre-Series A funding round led by Rainmatter by Zerodha....

The Ministry of Power directed states and procuring entities to ensure a minimum of 20% local content in the procurement of battery energy storage system projects being...

Here are the top five funding deals in the solar sector in India during 2025, according to Mercom’s Q3 2025 India Solar Market report: In the top funding deal,...

From: Mercom Capital Group Alphabet, the parent company of Google, entered into a definitive agreement to acquire Intersect, a data center and energy infrastructure...

From: Mercom Capital Group Grenergy, a renewable energy company, secured €98.8 million (~$116.26 million) senior non-recourse financing for the 172 MW Ayora solar...

Dilip Buildcon, Sunbridge Solar Power, Landsmill Industries, Purshotam Profiles, Ceigall India, and 77 other companies won 4.01 GW out of Madhya Pradesh Urja Vikas Nigam...

The Karnataka Electricity Regulatory Commission (KERC) issued the draft Karnataka Electricity Regulatory Commission (Roadmap for Reducing Cross-Subsidy and Cross-Subsidy...

The Telangana government has issued the modalities for the creation of the third distribution company (DISCOM), which will be operational from April 1, 2026. In November...

Module manufacturer Alpex Solar’s board of directors has approved raising ₹1.25 billion (~$13.8 million) through the issuance of secured, redeemable, unlisted, unrated,...

Over the last five financial years, public sector banks, government-owned/controlled financial institutions, and foreign direct investments have cumulatively invested...

Over the last five financial years, public sector banks, government-owned/controlled financial institutions, and foreign direct investments have cumulatively invested...

ACME Solar Holdings has secured a debt tie-up of ₹47.2 billion (~$519.2 million) from Indian financial institutions to fund the construction of renewable energy projects...

From: Mercom Capital Group Sun King, an off-grid solar energy company, raised $40 million in equity financing from Lightrock, a global sustainable investment platform....

From: Mercom Capital Group Origis Energy, a U.S.-based renewable energy company, secured $290 million for the Swift Air Solar II and Swift Air Solar III projects in...

The Ministry of New and Renewable Energy’s (MNRE) recent advisory to banks and financial institutions, calling for prudence in lending to standalone solar module...