funding
Gurgaon-based independent power producer ACME Solar Holdings has secured long-term project financing of ₹26.47 billion (~$274.5 million) for its 450 MW/1,800 MWh firm...
Exide Industries (EIL) has announced an investment of ₹1 billion (~$10.38 million) in Exide Energy Solutions (EESL) to fund a gigawatt-scale lithium-ion cell...
Hero MotoCorp has approved an additional investment of up to ₹10 billion (~$104 million) in Ather Energy through a proposed subscription to securities issued on a...
From: Mercom Capital Group Aditya Birla Renewables (ABRen), the renewable energy subsidiary of Grasim Industries, has signed a definitive agreement to acquire Sprng...
Alternative credit platform BlackSoil has announced it will acquire Credit Fair’s solar financing business, marking its entry into India’s renewable energy financing...
From: Mercom Capital Group Eos Energy Enterprises, a zinc-based long-duration energy storage solutions provider, has announced a $75 million equity investment from...
Union Minister for New and Renewable Energy Pralhad Joshi emphasized the importance of India developing a circular economy for clean energy technologies during his...
From: Mercom Capital Group Terawatt Infrastructure, a charging infrastructure platform for autonomous and electric vehicle fleets, has entered into a five-year senior...
Gujarat-based Torrent Power has raised ₹38 billion (~$402 million) through the private placement of secured, rated, listed, taxable, non-cumulative, redeemable, and...
Maharashtra-based rooftop solar engineering, procurement, and construction services provider Roofsol Energy has secured ₹2.6 billion (~$27.55 million) in funding from...
Yash Highvoltage, a manufacturer of transformer bushings for the power generation, transmission, and distribution sectors, has approved a preferential issue of equity...
From: Mercom Capital Group Origis Energy, a U.S.-based renewable energy project developer, has closed a $900 million corporate credit facility comprising $650 million in...
India may struggle to meet its 100 GW wind energy target for 2030, with current installed capacity and a modest pipeline falling short of the required pace. According...
JBM ECOLIFE Mobility, a subsidiary of electric bus manufacturer JBM Auto, has secured a ₹7.5 billion (~$79.4 million) investment from Motilal Oswal Alternates, the...
From: Mercom Capital Group Eclipse, a European platform that develops, operates, and optimizes battery energy storage systems, has raised €20 million (~$23 million) in a...
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