After a Lull in Q2, Investments in Indian Solar Sector Up by 170% in Q3 2020

After a Lull in Q2, Investments in Indian Solar Sector Up by 170% in Q3 2020

Investments in the Indian solar sector rose by 170% and stood at approximately $270 million (~₹19.9 billion) in the third quarter of 2020 (Q3 2020), compared to $100 million (~₹7.4 ...
/ / Mercom Research Focus, Other
Solar Project Acquisition Activity Up 52% YoY in First Nine Months of 2020

Solar Project Acquisition Activity Up 52% YoY in First Nine Months of 2020

Mercom Capital Group's latest 9M and Q3 2020 Solar Funding and M&A Report showed that total corporate funding – including venture capital (VC) funding, public market, and debt financing jumped 43% ...
Funding and M&A Roundup_ Indian Lithium-ion battery Maker Grinntech Raised $2 million

Funding and M&A Roundup: Indian Lithium-ion battery Maker Grinntech Raised $2 Million

Here is a roundup of corporate funding and M&A deals from last week covering the global renewable energy industry: SenseHawk, a SaaS platform that helps customers develop, build, and operate ...
/ / Finance and M&A, Other
Funding and M&A Roundup_ ReneSola Acquires Solar Projects and Assets in the US

Funding and M&A Roundup: ReneSola Acquires Solar Projects and Assets in the US

Joule Case, a battery tech startup producing stackable energy storage units, landed more than $500,000 in funding as part of convertible notes. Using lithium-ion and lead-acid batteries, Joule Case has ...
/ / Other, Renewable Energy
Funding and M&A Roundup_ China Three Gorges Acquires 500 MW of Solar Assets From X-Elio

Funding and M&A Roundup: China Three Gorges Acquires 500 MW of Solar Assets From X-Elio

Here are some of the important funding and M&A updates of last week from the global renewable energy industry: Sembcorp Industries has obtained a $40 million loan facility from DBS ...
/ / Other, Renewable Energy
Funding and M&A Roundup: ChargePoint Secures $127M, First Solar Sells O&M Business

Funding and M&A Roundup: ChargePoint Secures $127M, First Solar Sells NA O&M Business

Here are some of the important funding and M&A updates of last week from the global renewable energy industry: Mumbai-based early-stage VC Unicorn India Ventures has announced its fourth investment ...
/ / Finance and M&A, Other
Funding and M&A Roundup_ Tokyo Gas Acquires 514 MW Solar Project, Northvolt Raises $1.6B

Funding and M&A Roundup: Tokyo Gas Acquires 514 MW Solar Project, Northvolt Raises $1.6B

Here are some important funding and m&a updates from the global renewable energy industry from the past week: Northvolt, a lithium-ion battery manufacturer, announced the signing of a $1.6 billion ...
/ / Markets & Policy, Solar
Corporate Funding for Solar Slid Globally in 1H 2020 But, It Could Have Been Worse

Corporate Funding for Solar Slid Globally in 1H 2020 But, It Could Have Been Worse

Total corporate funding – including venture capital (VC) funding, public market, and debt financing – dipped 25% to $4.5 billion (~₹336.09 billion) in the first half of 2020 (1H 2020) ...
Corporate Funding in 2019 Jumps 20% Reaching $12 Billion in the Solar Sector Globally

Corporate Funding in 2019 Jumps 20% Reaching $12 Billion in the Solar Sector Globally

Total corporate funding in the solar sector increased by 20% in 2019, reaching $11.7 billion in 117 deals, up from $9.7 billion in 139 deals in 2018, according to Mercom ...
/ / Mercom Research Focus, Other
Abu Dhabi’s Masdar Set to Acquire a Minority Stake in India’s Hero Future Energies

Abu Dhabi’s Masdar Set to Acquire a Minority Stake in India’s Hero Future Energies

Masdar (or Abu Dhabi Future Energy Company) is set to acquire a minority stake in Hero Future Energies Global Ltd. (HFE UK), and Hero Future Energies Private Ltd (HFE India) according to ...
Corporate Funding for Solar Sector Globally Rises by 34% With $9 Billion in 9M 2019

Corporate Funding for Solar Sector Globally Rises by 34% With $9 Billion in 9M 2019

Total corporate funding (including venture capital/private equity, public market, and debt financing) in the first nine months (9M) of 2019 was up with $9 billion raised, compared to $6.7 billion ...
/ / Finance and M&A, Solar
First Half of 2019 Sees $6 Billion Corporate Funding Raised by the Solar Sector Globally

First Half of 2019 Sees $6 Billion Corporate Funding Raised by the Solar Sector Globally

In the first half of 2019 (1H 2019), funding activity in the solar sector was on an upward trajectory when compared to the same period last year. Total corporate funding ...
/ / Finance and M&A, Solar
Report: Global Solar Funding Rises to $5.3 Billion in First Half of 2018

Report: Global Solar Funding Rises to $5.3 Billion in First Half of 2018

In the first half (1H) of 2018, the total corporate funding, including venture capital funding, public market, and debt financing rose to $5.3 billion, compared to the $4.6 billion raised ...
/ / Finance and M&A, Solar
Greenko Raises $495 Million to Invest in 2.4 GW of Energy Storage Projects

Funding in Global Battery Storage Sector Surges to $299 Million in Q1 of 2018

The fledgling energy storage industry is rapidly gaining momentum in the domestic as well as the international markets. Realizing the importance of energy storage, an increasing number of players are ...
Funding into the Global Solar Sector Falls to $2 Billion in Q1 2018

Funding into the Global Solar Sector Falls to $2 Billion in Q1 2018

Regulatory ambiguities and tariff uncertainties were a drag on the global solar sector in the first quarter of 2018, causing the announced corporate funding total to fall by 65 percent ...
Indian Solar Sector Received Over $10 Billion in Financing During 2017

Indian Solar Sector Received Over $10 Billion in Financing During 2017

In 2017, the Indian solar sector logged over $10 billion (~₹650 billion) in financing activity, according to Mercom Capital Group’s recently released 2017 Q4 and Annual India Solar Market Update ...
/ / Finance and M&A, Solar
GIP Closes Record $5 Billion Deal to Buy Equis Energy

GIP Closes Record $5 Billion Deal to Buy Equis Energy

Investment fund Global Infrastructure Partners (GIP) has closed on a deal to acquire a 100 percent stake in renewable energy project developer Equis Energy. The total transaction value of $5 ...
/ / Finance and M&A, Solar
Arjun Infrastructure Partners Acquires Enviromena Power Systems

Arjun Infrastructure Partners Acquires Enviromena Power Systems

Arjun Infrastructure Partners, a British independent infrastructure investment advisory company, has acquired Enviromena Power Systems (Enviromena), a clean energy project company in the Middle East and North Africa (MENA) region ...
/ / Finance and M&A, Solar
Canadian Solar Sells 80 MW Solar Project in Maharashtra

Canadian Solar Sells 80 MW Solar Project in Maharashtra, India

Canadian Solar, a global module supplier and solar project developer, has sold its 80 MW (108 MW DC) grid-connected solar project in Maharashtra. The sale of the project by Canadian ...
/ / Finance and M&A, Solar
Financing Activity in the Indian Solar Sector So Far This Year

$4.2 Billion in Financing Activity in the Indian Solar Sector So Far This Year

In the first three quarters of 2017, the Indian solar sector saw almost $4.2 billion (~₹272 billion) in announced corporate, project funding, and M&A deals, according to the recently released ...
/ / Finance and M&A, Solar
Vestas Wind Order from Atria Power

Sembcorp Acquires Remaining Stake in Sembcorp Green Infra for ₹14.1 Billion from IDFC

Sembcorp Industries, an energy, water and marine group operating worldwide, through its wholly-owned subsidiary Sembcorp Utilities, has entered into an agreement to acquire the remaining 28 percent stake in Sembcorp ...
/ / Finance and M&A, Solar
Mergers & Acquisitions

IDFC Alternatives Inks Rs.3.5 Billion Deal to Acquire 45 MW of Solar Projects from Punj Lloyd

IDFC Alternatives has signed a definitive agreement to acquire three solar projects aggregating 45 MW capacity from Punj Lloyd at an estimated enterprise value of Rs.3.5-3.75 billion (~$52.3-56 million). These ...
/ / Finance and M&A, Solar