IFC Invests ₹9.16 Billion in Federal Bank to Strengthen its ESG Portfolio

IFC Invests ₹9.16 Billion in Federal Bank to Strengthen its ESG Portfolio

International Finance Corporation (IFC) – the financial arm of the World Bank, and two investment funds managed by IFC Asset Management Company - IFC Financial Institutions Growth Fund and IFC Emerging ...
/ / Other, Renewable Energy
Funding and M&A Roundup Polysilicon Manufacturer Daqo Lists on Shanghai Stock Exchange

Funding and M&A Roundup: Polysilicon Manufacturer Daqo Lists on Shanghai Stock Exchange

Daqo New Energy, a manufacturer of high-purity polysilicon for the global solar PV industry, announced that the company's major operational subsidiary, Xinjiang Daqo New Energy, has completed its IPO process ...
/ / Other, Renewable Energy
GODI Energy Raises Funds from Blue Ashva to Set Up Supercapacitor & Li-ion Cell Facility

GODI Energy Raises Funds from Blue Ashva to Set Up Supercapacitor & Li-ion Cell Facility

Hyderabad-based energy technology company GODI India has raised funds from Blue Ashva Capital through its Blue Ashva Sampada Fund. The company will use the funds to set up supercapacitor and lithium-ion (Li-ion) cell ...
/ / Finance and M&A, Other
Corporate Funding for Battery Storage Firms Jumps to $9.6 Billion in 1H 2021

Corporate Funding for Battery Storage Firms Jumps to $9.6 Billion in 1H 2021

Global corporate funding, including venture capital (VC) funding, public market, and debt financing for battery storage, smart grid, and efficiency companies in the first half (1H) of 2021, was up ...
Funding and M&A Roundup Greenvolt Raises €150 Million in IPO for Renewables Expansion

Funding and M&A Roundup: Greenvolt Raises €150 Million in IPO for Renewables Expansion

Greenvolt, a Portugal-based renewable energy firm, raised €150 million (~$177 million) in an initial public offering (IPO) to fund its expansion, including in European solar parks and wind farms. The ...
/ / Other, Renewable Energy
Electric Scooter Maker Hero Electric Raises ₹2.2 Billion in Series B Funding

Electric Scooter Maker Hero Electric Raises ₹2.2 Billion in Series B Funding

Electric scooter manufacturer Hero Electric has announced that it has raised ₹2.2 billion (~$29.5 million) as the first part of its Series B funding. Gulf Islamic Investments (GII) and Hero ...
/ / Electric Vehicles, Grid
Corporate Funding for Solar Surges by 193% Globally in 1H 2021

Corporate Funding for Solar Surges by 193% Globally in 1H 2021

Global corporate funding in the solar sector, including venture capital (VC) funding, debt and public market financing, stood at $13.5 billion in the first half (1H) of 2021, a 193% ...
Funding and M&A Roundup EQT Infrastructure to Acquire Cypress Creek Renewables

Funding and M&A Roundup: EQT Infrastructure to Acquire Cypress Creek Renewables

The EQT Infrastructure V fund has agreed to acquire Cypress Creek Renewables, a solar and storage energy company that develops, owns, and operates projects across the U.S., from certain funds ...
/ / Other, Renewable Energy
Funding and M&A Roundup Partners Group To Acquire Community Solar, Battery Storage Firm

Funding and M&A Roundup: Partners Group to Acquire Community Solar, Battery Storage Firm

Global private markets firm Partners Group has agreed to acquire a controlling equity stake in Dimension Renewable Energy (Dimension), a distributed energy platform focusing on community solar and battery storage ...
/ / Other, Renewable Energy
Battery Management Company ION Energy Raises $3.6 Million (1)

Battery Management Company ION Energy Raises $3.6 Million

ION Energy, an advanced battery management solutions provider for e-mobility and energy storage applications has announced that it has raised $3.6 million in Pre-Series A funding. The funding was raised ...
Funding and M&A Roundup Solar Fintech Solfacil Raises $30 Million in Series B Funding

Funding and M&A Roundup: Solar Fintech Solfácil Raises $30 Million in Series B Funding

Brazil-based solar financing company Solfácil has raised $30 million in a Series B funding round led by QED Investors and involving Valor Capital, its Chief Executive Officer Fabio Carrara. Solfácil ...
/ / Other, Renewable Energy
Funding and M&A Roundup Sunnova Prices Securitization of Residential Solar Systems

Funding and M&A Roundup: Sunnova Prices Securitization of Residential Solar Systems

Sunnova Energy International, a residential solar and energy storage service provider, announced the pricing of its securitization of leases and power purchase agreements. The single-tranche securitization consists of $319 million ...
/ / Other, Renewable Energy
Funding and M&A Roundup RayGen Resources Raises A$27 Million for Solar-Plus-Storage

Funding and M&A Roundup: RayGen Resources Raises A$27 Million for Solar-Plus-Storage

RayGen Resources, an Australian deep-technology originator and developer of innovative solar-plus-storage projects, has secured A$27 million (~$20 million) funding as part of a Series C Capital Raise. The private funding ...
/ / Finance and M&A, Other
Funding and M&A Roundup NEXT Energy Technologies Closes $13.4 Million Series C Funding

Funding and M&A Roundup: NEXT Energy Technologies Closes $13.4 Million Series C Funding

NEXT Energy Technologies, makers of a proprietary transparent photovoltaic coating that transforms commercial windows into energy-producing solar panels, announced that it had raised $13.4 million in a Series C round ...
/ / Other, Renewable Energy
Funding and M&A Roundup Aurora Solar Raises $250 Million in Series C Funding

Funding and M&A Roundup: Aurora Solar Raises $250 Million in Series C Funding

Aurora Solar, a U.S.-based solar software company, has closed a $250 million Series C funding round led by Coatue, with follow-on participation from existing investors ICONIQ Capital, Energize Ventures and Fifth Wall. In ...
/ / Finance and M&A, Other
Investments in Indian Solar Sector Fell by 30% QoQ in Q1 2021

Investments in Indian Solar Sector Fell by 30% QoQ in Q1 2021

The investments in the Indian solar sector declined by 30% and stood at $1.04 billion (~₹76 billion) in the first quarter (Q1) of the calendar year (CY) 2021, compared to ...
Rooftop Solar Company Freyr Energy Raises ₹180 Million in Funding

Rooftop Solar Company Freyr Energy Raises ₹180 Million in Funding

Hyderabad-based rooftop solar company Freyr Energy announced an equity investment of ₹180 million (~$2.3 million) from Total Carbon Neutrality Ventures, Schneider Electric Energy Access Asia (SEEAA), and Capital 4 Development ...
/ / Finance and M&A, Solar
Funding and M&A Roundup_ Solar Installer Kuubix Expects $104 Million in Funding

Funding and M&A Roundup: Maxeon Solar Technologies to Raise $125 Million by Public Offering

Maxeon Solar Technologies announced the pricing of an underwritten public offering of $125 million of ordinary shares at a price of $18.00 per share. Maxeon also granted the underwriters a 30-day option to ...
/ / Finance and M&A, Other
IFC Proposes $50 Million Loan for Enel’s 300 MW Solar Project in Rajasthan

IFC Proposes $50 Million Loan for Enel’s 300 MW Solar Project in Rajasthan

International Finance Corporation (IFC) has proposed a $50 million loan facility to Italy-based Enel Green Power to fund its solar project in Rajasthan’s Bikaner. The 300 MW Thar Surya solar photovoltaic ...
/ / Finance and M&A, Solar
Quality of Solar Assets, Regulatory Stability, Crucial in Solar Project Acquisitions

Quality of Solar Assets, Regulatory Stability, Crucial in Solar Project Acquisitions

The solar industry has emerged stronger after the pandemic, which is still raging worldwide. But solar projects have been considered as 'investment havens' in the uncertain COVID-19 world because of ...
/ / Finance and M&A, Solar
Funding and M&A Roundup_ BlackRock Real Assets Raises $4.8 billion to Fund Renewables

Funding and M&A Roundup: BlackRock Real Assets Raises $4.8 Billion to Fund Renewables

BlackRock Real Assets has achieved a $4.8 billion final close of Global Renewable Power Fund III (GRP III) with commitments from over 100 institutional investors, including leading public and private ...
/ / Other, Renewable Energy
Startups Expand Their Footprint in India’s EV Market_ Interview

Startups Expand Their Footprint in India’s EV Market: Interview

The electric vehicle (EV) sector in India expects high growth in the current year on the back of robust funding received by EV companies in 2020. Companies believe that demand ...
/ / Electric Vehicles, Grid
Funding and M&A Roundup_ Power Management Company Eaton Acquires Green Motion

Funding and M&A Roundup: Power Management Company Eaton Acquires Green Motion

Power management company Eaton has acquired Green Motion, a manufacturer of electric vehicle charging hardware and related software. Soltage, an independent power producer, and Harrison Street, an investment management firm ...
/ / Other, Renewable Energy
India’s $122 Billion Stimulus for Energy Sector Lacks Clarity in Funding Streams: Report

India’s $122 Billion Stimulus for Energy Sector Lacks Clarity in Funding Streams: Report

India has committed more public money than any other economy– at least $122 billion – to support the energy sector since the start of the Covid-19 crisis, but the government’s ...
/ / Other, Renewable Energy
Solar Monitoring and Analytics Platform Prescinto Closes $3.5 Million in Seed Funding

Solar Monitoring and Analytics Platform Prescinto Closes $3.5 Million in Seed Funding

Solar monitoring and analytics platform Prescinto has announced the close of $3.5 million in seed round funding. The round was led by Venture Catalysts, with participation from Inflection Point Ventures, ...
/ / Finance and M&A, Solar