From: Mercom Capital Group Scale Microgrids, a commercial-scale distributed energy developer, closed a tax equity transaction with Truist Bank of up to $150 million. The...

Sterlite Power, a Mumbai-based power transmission company, has raised ₹7.25 billion (~$87 million) from GEF Capital Partners and ENAM Holdings for its Global Products...

Mumbai-based rooftop solar company SolarSquare has raised $40 million in a Series B funding round. Lightspeed led the round with participation from Lightrock....

From: Mercom Capital Group ConnectDER, a provider of home energy technology solutions, secured $35 million in Series D funding. The funding round was led by...

Mumbai-based Greenie Energy, a start-up specializing in electric vehicles (EV) charging technology, has raised $600,000 in a seed funding round from a group of investors...

The British International Investment (BII), the United Kingdom’s development finance institution, has committed $33.5 million to India’s electric vehicle (EV) sector....

Solar energy startup Glow has raised $30 million in funding from Framework and Union Square Ventures to scale its renewable energy operations in India and other global...

From: Mercom Capital Group CrossBoundary Energy, a renewable energy developer, secured a $140 million senior debt commitment from the Standard Bank of South Africa on a...

NTPC Green Energy’s ₹100 billion (~$1.19 billion) initial public offering (IPO) was oversubscribed 2.42 times at the end of the bidding window on November 22, 2024....

From: Mercom Capital Group Lyten, a lithium-sulfur battery developer, announced the acquisition of a lithium-metal battery manufacturing facility and cell-making...

Solar energy company ACME Solar Holdings’ ₹29 billion (~$344.85 million) initial public offering (IPO) received tepid interest from investors. At the end of the bidding...

Electric vehicle (EV) startup MOOEV Technologies has raised ₹40 million (~$474,683) in a seed funding round led by Bizdateup. The funding round included investors like...

Corporate funding for energy storage rose 15% year-over-year (YoY) in the first nine months (9M) of  2024, while it decreased 33% for smart grids globally. Corporate...

Karnataka-based solar project developer Ravindra Energy has raised ₹1.79 billion (~$21.29 million) by selling 24.3 million equity shares. The Securities and Exchange...

Multi-business conglomerate Adani Enterprises has completed a Qualified Institutional Placement (QIP) of equity shares, each with a face value of ₹1 (~$0.012), raising...