Author: Staff

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Avaada Bags $1.3 Billion Financing for 2.15 GW Renewables Portfolio

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...

July 31, 2026

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Staff

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Finance and M&A

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Solar

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Wind
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Daily News Wrap-Up: Solar Module Industry May Consolidate Due to Oversupply

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...

July 31, 2026

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Staff

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Daily Wrap-up

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Renewable Energy
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ADB Approves $850 Million Loan to Speed Up PM Surya Ghar Rollout

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...

July 29, 2026

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Staff

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Finance and M&A

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Rooftop

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Solar
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Funding and M&A Roundup: Sila Raises $300 Million in Funding

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...

July 29, 2026

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Staff

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Finance and M&A

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Other
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Project Finance Brief: Nadara Secures $1.4 Billion

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...

July 29, 2026

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Staff

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Finance and M&A

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Other
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Global Power Generation from Renewables to Grow by Over 8% in 2026: IEA

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...

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Bondada Acquires 60% Stake in Onix’s 225 MW Solar Project in Maharashtra

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...

July 27, 2026

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Staff

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Finance and M&A

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Solar
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Waaree Renewable Bags EPC Contract for 800 MW Solar Projects

Waaree Renewable Technologies (WRTL) has received letters of award for engineering, procurement, and construction contracts for two ground-mounted solar projects with a...

July 27, 2026

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Staff

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Renewable Energy

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Solar
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Project Finance Brief: Fidra Secures $312 Million for Energy Storage Project

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...

July 22, 2026

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Staff

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Finance and M&A

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Other
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Funding and M&A Roundup: PureSky Closes $62 Million Credit Financing

From: Mercom Capital Group PureSky Energy, a Denver-based developer, owner, and operator of community solar, commercial and industrial solar, and energy storage projects,...

July 22, 2026

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Staff

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Finance and M&A

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Other
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DCM Shriram to Procure 58 MW of Power from Serentica’s Hybrid Project

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...

July 21, 2026

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Staff

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C&I

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Solar

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Wind
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Powerica Acquires 49% Stake in Fuji-Kailash Energy for ₹30 Million

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...

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Exide Invests ₹1 billion in Subsidiary to Fund Lithium-ion Cell Facility

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...

July 16, 2026

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Staff

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Energy Storage

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Finance and M&A
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Daily News Wrap-Up: Karnataka, Goa DISCOM Bids Revive Privatization Debate

Recent moves by private players to acquire power distribution licenses have once again brought the debate over the privatization of distribution companies (DISCOMs) to...

July 15, 2026

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Staff

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Daily Wrap-up

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Renewable Energy
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Funding and M&A Roundup: Aditya Birla Renewables to Acquire Sprng Energy

From: Mercom Capital Group Aditya Birla Renewables (ABRen), the renewable energy subsidiary of Grasim Industries, has signed a definitive agreement to acquire Sprng...

July 15, 2026

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Staff

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Finance and M&A

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Other

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