Solar module manufacturer Vikram Solar reported a consolidated revenue from operations of ₹11.06 billion (~$121.55 million) in the third quarter (Q3) of the financial year (FY) 2026, rising 8% year-over-year (YoY) from ₹10.26 billion (~$112.76...

Solar energy financing firm, Aerem Solutions, has raised $15 million (~₹1.36 billion) in a pre-series B funding round led by SMBC Asia Rising Fund, the venture capital arm of Sumitomo Mitsui Banking Corporation. The funding round also saw...

Bhakra Beas Management Board (BBMB) invited expressions of interest (EoI) to develop 4,300 MW pumped storage projects in Himachal Pradesh. The last date to submit bids is January 27, 2026. The EoI is being floated for the development of a 2,800 MW...

From: Mercom Capital Group Terralayr, a developer, owner, and operator of battery energy storage assets, raised €192 million (~$223 million) in an equity round, including an €80 million (~$93 million) upsizing option. The funding was led by Eurazeo,...

Africa’s solar market has entered a new phase of scale and credibility, with the Africa Solar Industry Association (AFSIA) tracking more than 42,000 solar projects across the continent by the end of 2025, representing a total identified pipeline of...

From: Mercom Capital Group ENCAVIS, a solar and wind project developer, has announced the closure of a non-recourse project financing of €135 million (~$157.10 million) for the acquisition of the 199 MW Aragón portfolio. The portfolio is in northern...

Raana Semiconductors (RSPL), an Indian semiconductor solutions provider company specializing in crystal growth systems, has raised $3 million in seed funding in its first institutional capital round. Crystal growth systems are central to solar ingot...