Financema Solar

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Rise in Polysilicon Prices Drives Daqo’s Revenue Up 23% in Q3 2025

China-based photovoltaic-grade polysilicon manufacturer Daqo New Energy Corporation has posted a revenue of $244.6 million in the third quarter (Q3) of 2025, up 23%...

October 28, 2025

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Melvin Mathew

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Finance and M&A

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Solar
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Honda Motor Acquires Stake in OMC Power to Repurpose EV Batteries

Electric vehicle (EV) manufacturer, Honda Motor, has made an equity investment in OMC Power, a distributed power supply and mini-grid business, to develop clean energy...

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Smart Grid Analytics Raises $3.3 Million from Strategic Investors

Bengaluru-based renewable energy intelligence company Smart Grid Analytics has raised $3.3 million (~₹289.75 million) in funding from strategic investors and clean...

October 27, 2025

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Melvin Mathew

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Finance and M&A

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Grid

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Smart Grid
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Dalmia Cement Increases Solar Energy Sourcing by 14 MW

Dalmia Cement (Bharat) has announced it will source 14 MW of solar power as a captive consumer from Velan Infra Projects, a renewable energy solutions provider, through...

October 27, 2025

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Staff

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Finance and M&A

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Solar
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REC Profit Up 9.4% in Q2 FY 2026, Renewable Energy Loans Grow 15%

Public infrastructure finance company REC has posted a net profit of ₹44.14 billion (~$530.4 million) for the second quarter (Q2) of the financial year (FY) 2026, up...

October 27, 2025

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Staff

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Finance and M&A

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Renewable Energy
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Nextracker Posts Strong Q2 FY 2026 Results Driven by Electricity Demand

U.S.-based solar tracker firm Nextracker has reported revenue of $905.27 million for the second quarter of the financial year (FY) 2026, a 4.74% quarter-over-quarter...

October 24, 2025

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Staff

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Finance and M&A

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Solar
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Global Solar Sector Attracts $17.3 Billion Corporate Funding in 9M 2025, Down 22% YoY

Total corporate funding, including venture capital funding, public market, and debt financing, for the solar sector globally, stood at $17.3 billion in the first nine...

October 24, 2025

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Arjun Joshi

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Finance and M&A

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Mercom Research Focus

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Solar
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Premier to Acquire Solar Inverter Firm KSolare and Transformer Company Transcon

Hyderabad-based integrated solar cell and module manufacturing company Premier Energies has announced it will acquire solar inverter manufacturer KSolare Energy and...

October 24, 2025

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Staff

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Finance and M&A

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Solar
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Radiance and Sunsure Secure ₹6.8 Billion Funding from NIIF IFL

Renewable energy solutions providers, Radiance Renewables and Sunsure Energy, have received cumulative funding of ₹6.8 billion (~$77.47 million) from NIIF Infrastructure...

October 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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Rayzon Solar Secures SEBI Approval for ₹15 Billion IPO

Module manufacturer Rayzon Solar has received approval for its draft red herring prospectus (DRHP) for an initial public offering (IPO) to raise ₹15 billion (~$170.64...

October 23, 2025

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Staff

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Finance and M&A

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Modules

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Solar
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ACME Solar Signs PPA with TATA Power for 50 MW FDRE Project

Gurgaon-based independent power producer ACME Solar Holdings has signed a 25-year power purchase agreement with Tata Power Company for providing firm and dispatchable...

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Sterling and Wilson’s Q2 Revenue Up 70% on Higher Project Execution

Sterling and Wilson Renewable Energy (SWREL) reported a revenue jump by 69.8% year-over-year (YoY) to ₹17.49 billion (~$198.9 million) in the second quarter (Q2) of the...

October 22, 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: Lightsource bp Secures Tax Equity Financing for 187 MW Solar Project

From: Mercom Capital Group Lightsource bp, a renewable energy project developer, and Pinnacle Financial Partners announced the closing of $97.9 million tax equity...

October 22, 2025

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Staff

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Finance and M&A

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Solar
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Soleos Energy Raises ₹200 Million to Expand Solar EPC Operations

Engineering, procurement, and construction (EPC) firm Soleos Solar Energy has raised ₹200 million (~$2.26 million) from Gujarat Venture Finance to accelerate its next...

October 21, 2025

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Staff

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Finance and M&A

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Solar
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Blueleaf, Jakson Reach Financial Close for 840 MW Solar Projects

Singapore-based renewable energy platform, Blueleaf Energy, and Noida-based Jakson Green have announced the financial close of 840 MW ground-mounted solar projects in...

October 17, 2025

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Staff

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Finance and M&A

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Solar

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