Author: Staff
Renewable energy company Avaada Group has secured approximately $1.3 billion in financial closure for its 2.15 GW renewable energy portfolio. The financing was approved...
On the sidelines of the Mercom India Renewables Summit 2026, Mercom India spoke with Khalid Nadeem, Chief Operating Officer at SAEL, about the growing role of battery...
The Asian Development Bank (ADB) has approved an $850 million loan to support reforms which will fast-track the rollout of the Indian government’s flagship rooftop...
From: Mercom Capital Group Battery materials company Sila has raised $300 million in a private equity funding round to expand U.S. production of its silicon-carbon anode...
From: Mercom Capital Group Nadara, an independent power producer, has closed a pan-European refinancing valued at approximately €1.2 billion (~$1.4 billion) for a 1.5 GW...
Global power generation from renewables is expected to grow by more than 8% in 2026, pushing its share in the electricity generation mix to 37% by 2027, up from 33% in...
Bondada Engineering (BEL) has acquired a 60% equity stake in Onix IPP, which entitles the company to a controlling interest in a 225 MW solar power project in...
Waaree Renewable Technologies (WRTL) has received letters of award for engineering, procurement, and construction contracts for two ground-mounted solar projects with a...
From: Mercom Capital Group Fidra Energy, a U.K.-based battery energy storage project developer, has reached financial close on its 500 MW/1.1 GWh West Burton C battery...
From: Mercom Capital Group PureSky Energy, a Denver-based developer, owner, and operator of community solar, commercial and industrial solar, and energy storage projects,...
Diversified business group DCM Shriram has signed agreements to source 58 MW of power from a hybrid renewable energy project to be developed by Serentica Renewables. DCM...
Powerica has acquired a 49% stake in Fuji-Kailash Energy (FKEPL), a Gujarat-based renewable energy generation and distribution company, for ₹30 million (~$311,365). The...
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...
Recent moves by private players to acquire power distribution licenses have once again brought the debate over the privatization of distribution companies (DISCOMs) to...
From: Mercom Capital Group Aditya Birla Renewables (ABRen), the renewable energy subsidiary of Grasim Industries, has signed a definitive agreement to acquire Sprng...
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