Financema Solar

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Project Finance Brief: Enlight Secures $310 Million for Hybrid Renewable Project

From: Mercom Capital Group Enlight Renewable Energy, a developer of renewable energy projects, has secured around $310 million for the hybridization of the Gecama...

June 11, 2025

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Staff

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Finance and M&A

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Solar
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Residential Solar Company Sunnova Energy Files for Bankruptcy in US

Under pressure from increasing debt and falling demand, U.S.-based residential solar company Sunnova Energy filed for Chapter 11 bankruptcy protection on Sunday. Earlier...

June 9, 2025

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Tina Freese

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Finance and M&A

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Solar
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IndiGrid to Acquire Solar and Transmission Assets from ReNew for ₹21 Billion 

Power transmission and renewable energy company IndiGrid has announced that it will acquire ReNew Surya Aayan and Koppal–Narendra Transmission for a total...

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Climate Tech Asset Financing Firm Stride Green Raises $3.5 Million in Seed Funding

Climate technology-focused asset financing company Stride Green has raised $3.5 million as part of its seed funding round led by Micelio Technology Fund, Incubate Fund...

June 6, 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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REC Gets Nod from CBDT to Raise ₹50 Billion via Zero-Coupon Bonds

Public infrastructure finance company, REC Limited has received approval from the Central Board of Direct Taxes (CBDT) to issue 500,000 zero-coupon bonds aggregating to...

June 5, 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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Epigral to Procure 19.8 MW Wind-Solar Power from Prozeal

Ahmedabad-based chemical manufacturer Epigral has announced it will source 19.8 MW of wind and solar power from Prozeal Green Energy’s special purpose vehicle (SPV)...

June 5, 2025

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Tina Freese

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Finance and M&A

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Solar

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Wind
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SJVN’s Solar and Wind Revenue Jumps 138% in Q4 FY 2025

Government-owned power generation company SJVN’s revenue for the fourth quarter (Q4) of the financial year (FY) 2025 dropped 4.18% year-over-year (YoY) to ₹5.49 billion...

June 3, 2025

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Melvin Mathew

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Finance and M&A

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Solar
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Inox Wind Logs Highest-Ever Quarterly Profit in Q4, Order Book Grows 21%

Wind energy solution provider Inox Wind has reported its highest-ever quarterly profit in the fourth quarter (Q4) of the financial year (FY) 2025. The company reported a...

June 2, 2025

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Tina Freese

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Finance and M&A

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Wind
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SAEL Secures $132 Million for 300 MW Solar Project in Andhra Pradesh

SAEL Solar MHP, a subsidiary of SAEL Industries, has secured debt finance of $132 million from the Asian Infrastructure Investment Bank, the New Development Bank, and...

May 30, 2025

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Tina Freese

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Finance and M&A

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Solar
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Insolation’s Revenue Up 58% YoY in 2H FY 2025 Due to Market Expansion

Jaipur-based solar module manufacturer Insolation Energy has reported a 58.35% year-over-year (YoY) growth in revenue to ₹7.3 billion (~$85.56 million) in the second...

May 28, 2025

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Melvin Mathew

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Finance and M&A

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Modules

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Solar
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Project Finance Brief: Doral Renewables Secures $1.5 Billion for Solar Project

From: Mercom Capital Group Doral Renewables, a utility-scale renewable energy project developer, secured $1.5 billion in construction project financing for the Mammoth...

May 28, 2025

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Staff

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Finance and M&A

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Solar
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Roofsol Raises ₹2 Billion from Aseem Infra for 93 MW Solar Projects

Maharashtra-based rooftop solar engineering, procurement, and construction services provider Roofsol Energy has secured ₹2.1 billion (~$24.67 million) in funding from...

May 26, 2025

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Arjun Joshi

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Finance and M&A

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Solar
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Higher Net Interest Income Strengthens PFC’s Q4 FY 2025 Financials

Government-owned Power Finance Corporation (PFC) recorded a total revenue of ₹292.85 billion (~$3.42 billion) in the fourth quarter (Q4) of the financial year (FY)...

May 23, 2025

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Melvin Mathew

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Finance and M&A

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Solar
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Project Finance Brief: Solar Landscape Secures $175 Million Financing for Rooftop Solar Projects

From: Mercom Capital Group Solar Landscape, a U.S.-based commercial rooftop solar developer, announced a $175 million long-term partnership with PGIM Private Capital, a...

May 21, 2025

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Staff

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Finance and M&A

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Solar
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Growth in Renewables Pushed JSW Energy’s Revenue by 21% YoY in Q4 FY25

Independent power producer JSW Energy has reported a revenue of ₹34.97 billion (~$408.93 million) in the fourth quarter (Q4) of the financial year (FY) 2024-25, a 21%...

May 19, 2025

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Melvin Mathew

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Finance and M&A

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Solar

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Wind

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