Finance And Ma

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Adani Green’s Q1 FY 2025 Revenue Rises 24% on Higher Capacity

Renewable energy company Adani Green Energy (AGEL) reported that its revenue surged by 24% year-over-year to ₹25.28 billion (~$301 million) in the first quarter of...

July 26, 2024

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Arshreet Singh

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Finance and M&A

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Renewable Energy
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IndiGrid’s Q1 Revenue Surges 32.7% on Strategic Acquisitions

India Grid Trust (IndiGrid), a power infrastructure investment trust, reported that its first quarter revenue surged by 32.7% year-over-year, reaching ₹8.35 billion...

July 26, 2024

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Arshreet Singh

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Finance and M&A
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Tesla’s Energy Storage Revenue Doubles, but Q2 Profit Falls 45%

U.S.-based electric vehicle and clean energy company Tesla‘s revenue for the second quarter (Q2) of the financial year (FY) 2024 rose 2% year-over-year (YoY) to...

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Enphase Energy’s Q2 Profit Falls 71% Amid Demand Challenges

Microinverter and battery storage supplier Enphase Energy’s net income for the second quarter (Q2) of 2024 dropped 71.4% to $58.8 million as the Nasdaq-listed company...

July 24, 2024

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Arshreet Singh

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Finance and M&A
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Corporate Funding for Energy Storage Surges to $15.4 Billion in 1H of 2024

Corporate funding for energy storage companies surged to $15.4 billion across 64 deals in the first half (1H) of 2024, reflecting a 117% increase from the $7.1 billion...

July 24, 2024

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Gautamee Hazarika

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Energy Storage

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Finance and M&A
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Funding and M&A Roundup: Peak Energy Secures $55 Million

Peak Energy, a sodium-ion battery manufacturer, secured $55 million in a Series A funding round led by Xora Innovation, Temasek’s Early-Stage deep-tech investing...

July 24, 2024

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Arjun Pradeep

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Finance and M&A

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Other
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GCF Approves $215.6 Million for SIDBI to Help MSMEs Lower Emissions

The Green Climate Fund (GCF) has approved $215.6 million for the Small Industries Development Bank of India’s (SIDBI) Financing Mitigation and Adaptation Projects...

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JSW Energy Q1 Profit Surges 80% on Higher Renewable Generation

Independent power producer JSW Energy reported an 80% year-on-year surge in net profit for the first quarter of fiscal year 2025, reaching ₹5.22 billion (~$63.3 million),...

July 23, 2024

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Arshreet Singh

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Finance and M&A
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Funding and M&A Roundup: Naked Energy Raises $22 Million

From: Mercom Capital Group Naked Energy, a provider of solar thermal and solar PVT solutions, secured £17 million (~$22.06 million) in a Series B funding round led by E....

July 17, 2024

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Arjun Pradeep

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Finance and M&A

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Other
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REC Secures $200 Million Green Loan from Deutsche Bank

Public infrastructure finance company REC Limited has secured a green loan of JPY31.96 billion (~$200 million) from Deutsche Bank‘s GIFT City branch to fund green...

July 11, 2024

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Arjun Joshi

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Finance and M&A

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Renewable Energy
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Brookfield Announces $200 Million Investment in Leap Green Energy

Canada-based Brookfield Asset Management has announced an equity investment in Leap Green Energy, a renewable energy company based in Tamil Nadu, India. The initial...

July 11, 2024

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Arjun Joshi

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Finance and M&A

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Renewable Energy
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Funding and M&A Roundup: Liontown Resources Secures $250 Million

From: Mercom Capital Group Liontown Resources, a battery minerals producer, secured a $250 million investment and a 10-year offtake extension from foundational partner...

July 10, 2024

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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: Battery Materials Company Sila Raises $375 Million

From: Mercom Capital Group Sila, a battery materials company, has secured $375 million in a Series G funding round led by Sutter Hill Ventures, an existing investor, and...

July 3, 2024

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Staff

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Finance and M&A

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Other
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Government Approves ₹136 Billion Programs to Evacuate 9 GW Renewable Power

The Government of India has greenlighted new Interstate Transmission System (ISTS) programs totaling ₹135.95 billion (~$1.63 billion) to evacuate 9 GW of renewable...

June 24, 2024

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Arjun Joshi

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Finance and M&A

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Grid
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Funding and M&A Roundup: EV Charger Manufacturer Ekoenergetyka Secures $170 Million

From: Mercom Capital Group Ekoenergetyka, a manufacturer of EV chargers, has secured a loan of PLN 691 million (~$170 million) from Bank Pekao, which is the leader and...

June 19, 2024

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Staff

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Finance and M&A

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Other

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