From: Mercom Capital Group MGA Thermal, a provider of thermal energy-based long-duration energy storage systems, has secured A$17 million (~$12 million) in funding. The latest round brings the total capital raised to more than A$50 million (~$35...

The Punjab State Electricity Regulatory Commission (PSERC) has proposed amendments to the Punjab State Electricity Regulatory Commission (Terms & Conditions for Intra-State Open Access) Regulations, 2011, to permit the carry-forward of banked...

The Ministry of Power’s relaxations, allowing group captive projects to meet the 51% consumption requirement collectively rather than based on the individual proportionality requirement, have raised hopes of increased open access adoption by...

From: Mercom Capital Group Prime Infra, an infrastructure developer and operator, closed two financing agreements totaling Php273.47 billion (~$4.6 billion). According to the company, the funding will finance the ongoing construction of the 1,400 MW...

Mumbai-based solar components manufacturer RenewSys has commissioned a 3 GW solar module manufacturing facility at IndoSpace Industrial Park in Khopoli, Maharashtra. The facility has been designed to support high-volume module production, featuring...

Anzen India Energy Yield Plus Trust, an infrastructure investment trust (InvIT) of Edelweiss Real Assets Managers, has completed its unit fundraising of ₹6.96 billion (~$75.35 million). Anzen has used the funds raised, along with external debt, to...

Gurugram-headquartered electric vehicle (EV) charger manufacturer, Exicom Tele-systems (Exicom), has commissioned an integrated manufacturing facility in Hyderabad to expand its EV charging and critical power solutions. The facility was built with...

Ecofy, a non-banking financial company backed by Eversource Capital, has raised ₹3.8 billion (~$41.1 million) in fresh equity capital to expand its retail-focused green finance operations in India. The funding round saw participation from British...