funding

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ACME Solar Secures ₹26 Billion for 450 MW/1,800 MWh FDRE Project

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...

July 16, 2026

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Parth Shukla

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Energy Storage

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Finance and M&A

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Solar
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Exide Invests ₹1 billion in Subsidiary to Fund Lithium-ion Cell Facility

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...

July 16, 2026

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Staff

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Energy Storage

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Finance and M&A
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Hero MotoCorp to Invest Additional ₹10 Billion in Ather Energy

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...

July 15, 2026

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Parth Shukla

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Electric Vehicles

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Finance and M&A
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Funding and M&A Roundup: Aditya Birla Renewables to Acquire Sprng Energy

From: Mercom Capital Group Aditya Birla Renewables (ABRen), the renewable energy subsidiary of Grasim Industries, has signed a definitive agreement to acquire Sprng...

July 15, 2026

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Staff

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Finance and M&A

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Other
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BlackSoil to Acquire Credit Fair’s Solar Financing Business

Alternative credit platform BlackSoil has announced it will acquire Credit Fair’s solar financing business, marking its entry into India’s renewable energy financing...

July 9, 2026

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Parth Shukla

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Finance and M&A

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Rooftop

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Solar
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Funding and M&A Roundup: Eos Energy Secures $75 Million Equity Investment

From: Mercom Capital Group Eos Energy Enterprises, a zinc-based long-duration energy storage solutions provider, has announced a $75 million equity investment from...

July 8, 2026

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Staff

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Finance and M&A

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Other
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Daily News Wrap-Up: Prahlad Joshi Calls for Circular Economy in Renewables Sector

Union Minister for New and Renewable Energy Pralhad Joshi emphasized the importance of India developing a circular economy for clean energy technologies during his...

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Funding and M&A Roundup: Terawatt Secures Up to $300 Million Debt Financing

From: Mercom Capital Group Terawatt Infrastructure, a charging infrastructure platform for autonomous and electric vehicle fleets, has entered into a five-year senior...

July 1, 2026

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Staff

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Finance and M&A

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Other
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Torrent Power Raises ₹38 Billion Via Non-Convertible Debentures

Gujarat-based Torrent Power has raised ₹38 billion (~$402 million) through the private placement of secured, rated, listed, taxable, non-cumulative, redeemable, and...

June 25, 2026

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Parth Shukla

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Finance and M&A

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Press Releases
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Roofsol Raises ₹2.6 Billion from Aseem Infra to Expand C&I Solar Portfolio

Maharashtra-based rooftop solar engineering, procurement, and construction services provider Roofsol Energy has secured ₹2.6 billion (~$27.55 million) in funding from...

June 24, 2026

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Parth Shukla

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Finance and M&A

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Solar
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Yash Highvoltage to Raise ₹1.51 Billion Via Preferential Share Issue

Yash Highvoltage, a manufacturer of transformer bushings for the power generation, transmission, and distribution sectors, has approved a preferential issue of equity...

June 24, 2026

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Parth Shukla

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Finance and M&A

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Grid
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Funding and M&A Roundup: Origis Energy Secures $900 Million Credit Facility

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...

June 24, 2026

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Staff

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Finance and M&A

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Other
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Daily News Wrap: India Must Double Wind Capacity Additions to Hit 2030 Target

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...

June 23, 2026

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Staff

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Daily Wrap-up

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Renewable Energy
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JBM ECOLIFE Mobility Secures ₹7.5 Billion Investment for Electric Bus Expansion

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...

June 18, 2026

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Meghana Prasad

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Electric Vehicles

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Market & Policy
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Funding and M&A Roundup: Eclipse Raises $23 Million

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...

June 17, 2026

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Staff

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Finance and M&A

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Other

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