funding

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EV Charging Company Bolt.Earth Raises $5 Million In Series A Funding

Bengaluru-based electric vehicle (EV) charging solutions provider Bolt.Earth raised $5 million in a series A+ funding round. The funding round was led by Version One...

January 20, 2025

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Tina Freese

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Other

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Press Releases

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Renewable Energy
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Japan Bank Signs Agreement to Lend $770 Million to PFC

The Japan Bank for International Cooperation (JBIC) has signed an agreement to set up a credit line of JPY120 billion (~$770.64 million) with the government-owned Power...

January 17, 2025

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Melvin Mathew

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Finance and M&A

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Other

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Renewable Energy
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Clean Energy Tech Firm Ecozen Raises $23 Million in Debt Funding

Ecozen, a Pune-based company focused on clean energy solutions, has raised over $23 million in debt funding. Investors for this round included responsAbility Investments,...

January 16, 2025

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Tina Freese

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Finance and M&A

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Press Releases
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Refex Green Mobility to Take Over 2,997 EVs from Gensol Engineering

Refex Green Mobility will acquire Gensol’s 2,997 electric vehicles (EV) and assume the associated debt of ₹3.15 billion (~$36.43 million). This strategic tie-up will...

January 16, 2025

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Melvin Mathew

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Electric Vehicles

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Grid
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Funding and M&A Roundup: EQT to Acquire Scale Microgrids

From: Mercom Capital Group EQT, a private equity firm, announced that EQT Transition Infrastructure has agreed to acquire Scale Microgrids. The transaction is subject to...

January 15, 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: Origis Secures $415 Million Financing for Swift Air Solar Project

From: Mercom Capital Group Origis Energy, a solar project developer, announced $415 million in financing to develop the 145 MW Swift Air solar project in Ector County,...

January 15, 2025

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Staff

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Finance and M&A

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Solar
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Sunsure Raises ₹4 Billion from Aseem Infrastructure for 150 MW Solar Park

Independent power producer Sunsure Energy has secured ₹4.16 billion (~$48.07 million) in long-term debt financing from Aseem Infrastructure Finance to develop a 150 MW...

January 14, 2025

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Arjun Joshi

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Finance and M&A

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Solar
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E-Tractor Company Moonrider Secures $2.2 Million in Seed Funding

Bengaluru-based electric tractor technology company Moonrider has raised $2.2 million (~₹182.6 million) in a seed funding round co-led by AdvantEdge Founders and Micelio...

January 9, 2025

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Tina Freese

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Electric Vehicles

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Market & Policy
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Funding and M&A Roundup: Greg Skinner Acquires 50% Stake in Ethical Power Group

From: Mercom Capital Group Ethical Power Group, a solar and energy storage project developer, announced that quant investor Greg Skinner acquired a 50% stake in the...

January 8, 2025

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Staff

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Finance and M&A

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Other
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EMO Energy Secures $6.2 Million in Series A Funding Round

Bengaluru-based battery solutions startup EMO Energy has raised $6.2 million (₹530.65 million) in its Series A funding round. This round was led by Subhkam Ventures,...

January 7, 2025

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Staff

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Other

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Renewable Energy
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REC’s Loans to Renewable Energy Sector Grew 58% in Q3 2025

Public infrastructure finance company REC has announced a significant increase in loan disbursements for the third quarter (Q3) of the financial year (FY) 2025. The...

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Funding and M&A Roundup: Sunairio Raises $6.4 Million in Funding

From: Mercom Capital Group Sunairio, a weather intelligence platform developer for renewable energy prediction, announced the closing of an oversubscribed $6.4 million...

January 2, 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: EV Charging Platform JET Charge Receives $45 Million

From: Mercom Capital Group JET Charge, an EV charging solutions provider, has secured A$72 million (~$45 million) in funding. The funding was led by Mirova, an affiliate...

December 25, 2024

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Staff

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Finance and M&A

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Other
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Sustainable Investment Platform SustVest Raises $1.7 Million in Pre-Series A Round

SustVest, a Gurugram-based sustainable investment platform, raised $1.7 million in a pre-series A round led by Inflection Point Ventures and Antler. This round also saw...

December 24, 2024

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Tina Freese

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Finance and M&A

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Renewable Energy
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India’s Top Five Solar Energy Funding Deals in 2024 [Infographics]

According to Mercom’s Q3 2024 India Solar Market Update report, the top five funding deals in India’s solar sector in 2024 saw a 42.85% year-over-year increase, securing...

December 23, 2024

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Melvin Mathew

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Finance and M&A

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Mercom Research Focus

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Solar

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