funding

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Daily News Wrap-Up: KERC Plans to End Cross-Subsidy, Surcharge by FY 2029

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

December 22, 2025

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Mercom Staff

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Daily Wrap-up
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Telangana Issues Modalities for Formation of Third DISCOM

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...

December 22, 2025

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Melvin Mathew

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Grid

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Market & Policy
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Alpex Solar to Raise ₹1.25 Billion Through Issue of Debentures

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,...

December 19, 2025

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Melvin Mathew

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Finance and M&A

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Manufacturing

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Modules

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Solar
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Daily News Wrap-Up: India Secures ₹7.16 Trillion in Green Energy Funding

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

December 19, 2025

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Mercom Staff

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Daily Wrap-up

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Other
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India Attracts ₹7.16 Trillion in Clean Energy Investments Since FY 2021

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

December 18, 2025

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Melvin Mathew

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Finance and M&A

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Renewable Energy

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Solar
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ACME Solar Secures ₹47.2 Billion Financing for Renewable Energy Projects

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...

December 18, 2025

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Meghana Prasad

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Finance and M&A

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Solar
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Funding and M&A Roundup: Sun King Secures $40 Million

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....

December 17, 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 $290 Million Funding for Solar Projects

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...

December 17, 2025

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Staff

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Finance and M&A

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Solar
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Industry Welcomes Government Push For Upstream-Focused Solar Lending

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...

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Daily News Wrap-Up: China’s Silver Inventory Hits Record Low

China’s long role as an invisible stabilizer in the silver market is starting to break down. For years, whenever the West ran short of metal, flows from China quietly...

December 12, 2025

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Mercom Staff

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Daily Wrap-up
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Soleos Solar Energy Raises ₹1 Billion in GVFL-led Funding Round

Engineering, procurement, and construction (EPC) company, Soleos Solar Energy, has secured $12 million (~₹1.07 billion) in funding from venture capital firm Gujarat...

December 12, 2025

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Melvin Mathew

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Finance and M&A

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Solar
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Energy Efficiency Solutions Firm Smart Joules Raises $10 Million

Energy efficiency solutions provider Smart Joules has raised $10 million in Series B funding led by SVL SME Neev II Fund managed by SBI Ventures, Waaree Renewable...

December 11, 2025

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Arjun Joshi

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Energy Efficiency

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Finance and M&A

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Other
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NLC India Secures $100 Million Green Loan from Sumitomo Mitsui

Government-owned lignite mining and power generation company NLC India (NLCIL) has secured a green loan of ¥154.64 billion (~$100 million) from Sumitomo Mitsui Banking...

December 11, 2025

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Parth Shukla

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Finance and M&A

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Renewable Energy
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BlackRock to Invest Up to ₹30 Billion for Stake in Aditya Birla Renewables

The clean energy arm of the Aditya Birla Group, Aditya Birla Renewables (ABRen), has secured an investment commitment of ₹20 billion (~$222.37 million) from Global...

December 10, 2025

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Melvin Mathew

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Finance and M&A

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Solar
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Funding and M&A Roundup: Vulcan Energy Secures $290 Million

From: Mercom Capital Group Vulcan Energy, a material exploration company specializing in lithium production, has secured €250 million (~$290 million) in financing from...

December 10, 2025

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Staff

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Finance and M&A

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Other

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