funding

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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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Power Electronics Startup Dynolt Technologies Raises $1.7 Million

Bengaluru-based deep-tech power electronics startup Dynolt Technologies has secured $1.7 million (~₹147.7 million) in a seed funding round led by Transition VC. Angel...

February 18, 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: Energy Storage Company Tyba Raises $13.9 Million

From: Mercom Capital Group Tyba, a company that provides an optimization platform for energy storage projects, secured $13.9 million in Series A funding, bringing its...

February 12, 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: Matrix Renewables Secures $41 Million Financing

From: Mercom Capital Group Matrix Renewables, the TPG Rise-backed global renewable energy company, announced the closing of €40 million (~$41.36 million) in non-recourse...

February 12, 2025

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Staff

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Finance and M&A

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Solar
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Funding and M&A Roundup: Sunrun Prices $629 Million in Senior Securitization

From: Mercom Capital Group Sunrun, a provider of residential solar energy solutions, has priced $629 million in the securitization of leases and power purchase...

February 5, 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: Invenergy Secures $1.1 Billion for Three Solar Projects

From: Mercom Capital Group Invenergy, a solar, wind, and energy storage project developer, announced closing $1.1 billion in debt financing to support the development...

February 5, 2025

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Staff

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Finance and M&A

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Solar
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GAIL Expands Clean Energy Startup Investment Fund to ₹5 Billion

GAIL (India) has announced an increase in its startup investment fund from ₹1 billion (~$11.53 million) to ₹5 billion (~$57.67 million). The increased fund will be...

February 3, 2025

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Staff

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Finance and M&A

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Renewable Energy
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CIL Invites Bids for $147 Million Loan to Fund 300 MW Solar Project

Coal India (CIL) has invited proposals from financial institutions for a loan of  ₹12.17 billion (~$147.05 million) to set up 300 MW ground-mounted solar power project...

January 29, 2025

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Melvin Mathew

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Solar

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Tenders & Auctions
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Funding and M&A Roundup: FlexGen Power Systems Secures $75 Million

From: Mercom Capital Group FlexGen Power Systems, an energy storage solutions and software technology provider, secured a $75 million revolving credit facility. J.P....

January 29, 2025

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Staff

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Finance and M&A

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Other
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Energy Storage Firm Cancrie Raises $1.2 Million in Maiden Funding Round

Cancrie, a Jaipur-based energy storage company, has raised $1.2 million (₹103.62 million) in a maiden institutional seed round from Roots Ventures and IIMA Ventures. The...

January 28, 2025

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Melvin Mathew

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Energy Storage

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Tenders & Auctions
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Daily News Wrap-Up: Utility-Scale Solar Tenders Up by 39% in 2024

Bid invitations for utility-scale solar projects in calendar year 2024 surpassed annual tender announcements of all previous years. Several entities floated tenders...

January 28, 2025

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Mercom Staff

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Daily Wrap-up
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Energy Storage Firms Secure $19.9B in Corporate Funding, M&A Activity Up

According to Mercom Capital Group’s newly released Annual and Q4 2024 Funding and M&A Report for Storage & Grid, corporate funding for energy storage companies,...

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Daily News Wrap-Up: NHPC’s Solar Plus Storage Auction Results

Onix Renewable, Jindal India Renewable Energy, NTPC Renewable Energy, Kolar Solar Power, ReNew Solar Power, and Adani Renewable Energy Holding Nine won NHPC’s auction to...

January 24, 2025

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Mercom Staff

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Daily Wrap-up
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IREDA To Raise ₹50 Billion Through QIP For Green Energy Growth

The Indian Renewable Energy Development Agency (IREDA), a public sector company under the Ministry of New and Renewable Energy (MNRE), has announced plans to raise ₹50...

January 23, 2025

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Staff

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Finance and M&A

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Renewable Energy

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