Finance And Ma

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Higher Solar Module Sales Drive Waaree Energies’ Income Up 38% in Q4 FY 2025

Solar module manufacturer Waaree Energies’ total income for the fourth quarter (Q4) of the financial year (FY) 2025 rose 37.69% year-over-year (YoY) to ₹41.41 billion...

April 23, 2025

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Arjun Joshi

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Finance and M&A

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Other
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IREDA’s Q4 FY 2025 Profits Up 49% as Non-Performing Assets Drop

Government-owned lender Indian Renewable Energy Development Agency (IREDA) has reported a 49% year-over-year (YoY) increase in profit after tax for the fourth quarter...

April 16, 2025

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Tina Freese

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Finance and M&A

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Renewable Energy
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Funding and M&A Roundup: Base Power Raises $200 Million

From: Mercom Capital Group Base Power, a distributed energy storage solutions provider, secured $200 million in a Series B funding round. Addition, a16z, Lightspeed, and...

April 16, 2025

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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: Zero Industrial Raises $10 Million

From: Mercom Capital Group Zero Industrial, a thermal energy storage solution provider, raised $10 million in Series A funding led by Evok Innovations with participation...

April 9, 2025

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Staff

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Finance and M&A

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Other
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POWERGRID to Raise ₹60 Billion Via Private Placement of Bonds

Government-owned transmission utility Power Grid Corporation of India (POWERGRID) has announced it would raise up to ₹60 billion (~$720 million) through a private...

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ACME Solar Secures ₹24.91 Billion Refinancing to Cut Debt Costs

Gurgaon-based ACME Solar Holdings has secured a ₹24.91 billion (~$298.92 million) long-term refinancing facility for 18 to 20 years from the State Bank of India and REC...

April 3, 2025

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Staff

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Finance and M&A

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Solar
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Funding and M&A Roundup: Apricus Generation Secures $30 Million

From: Mercom Capital Group Apricus Generation, a distributed solar and battery development platform and independent power producer, announced that it has secured a $30...

April 2, 2025

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Staff

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Finance and M&A

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Other
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IREDA’s FY 2025 Loan Approvals Grow 27% YoY

Government-owned lender Indian Renewable Energy Development Agency (IREDA) has announced a 27% rise in loan approvals for the financial year (FY) 2025, as per...

April 1, 2025

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Tina Freese

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Finance and M&A

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Renewable Energy
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IREDA Secures $172 Million ECB Facility from SBI Tokyo

Government-owned lender Indian Renewable Energy Development Agency (IREDA) has signed a loan facility with the State Bank of India Tokyo to raise JPY26 billion (~$172...

March 28, 2025

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Tina Freese

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Finance and M&A

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Renewable Energy
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Shriram Finance Secures $150 Million from ADB for EV Financing

Non-banking financial services company Shriram Finance has secured a $150 million loan from the Asian Development Bank (ADB) to enhance access to finance for electric...

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JinkoSolar’s Q4 Revenue Drops 37% YoY Due to Lower Module Prices

China-based solar cell and module manufacturer JinkoSolar’s revenue dipped 37.1% year-over-year (YoY) to RMB20.65 billion (~$2.83 billion) in the fourth quarter (Q4) of...

March 27, 2025

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Arjun Joshi

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Finance and M&A

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Other
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Canadian Solar Misses Expectations as Revenue Falls 11% YoY in Q4

Solar module manufacturer Canadian Solar generated $1.52 billion in revenue in the fourth quarter (Q4) of 2024, reflecting an 11% year-over-year decline due to lower...

March 27, 2025

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Arjun Joshi

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Finance and M&A

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Other
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BluPine Energy Secures ₹17.87 Billion from NaBFID for Renewables Expansion

Gurugram-based renewable energy services company BluPine Energy has secured ₹17.87 billion (~$210 million) in structured financing from the National Bank for Financing...

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AMPIN Energy Secures $50 Million Investment from Siemens Financial Services

Independent power producer AMPIN Energy Transition has secured an investment of $50 million (~₹4.28 billion) from Siemens Financial Services, the financing arm of...

March 26, 2025

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Melvin Mathew

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Finance and M&A

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Renewable Energy
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Project Finance Brief: ACCIONA Energía Secures $288 Million for Solar Project

From: Mercom Capital Group ACCIONA Energía, a renewable energy company, secured an AUD$453 million (~$287.85 million) syndicated loan facility to construct its 480 MWp...

March 26, 2025

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Staff

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Finance and M&A

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Other

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