Financema Solar

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Higher Solar Module Sales Boost Waaree Energies’ Revenue in Q3 FY 2026

Solar module manufacturer Waaree Energies’ revenue from operations for the third quarter (Q3) of FY 2026 rose 118.8% year-over-year (YoY) to ₹75.65 billion (~$826.77...

January 22, 2026

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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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Corporate Solar Funding Down 16% YoY in 2025; Deal Count Rises, M&A Robust

The total global corporate solar funding dropped by 16% year-over-year (YoY) with $22.2 billion raised in 175 deals, compared to $26.3 billion in 157 deals in 2024,...

January 22, 2026

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Melvin Mathew

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Finance and M&A

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Mercom Research Focus

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Solar
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Finnfund Announces $27 Million to Boost Electric Mobility in India

Finnish development financier and impact investor Finnfund has announced two investments totaling $27 million in India, aimed at accelerating the deployment of electric...

January 22, 2026

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Meghana Prasad

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Electric Vehicles

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Finance and M&A
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Higher Module Sales Drive Vikram Solar’s Revenue Up 50% YoY in 9M FY 2026

Solar module manufacturer Vikram Solar reported a consolidated revenue from operations of ₹11.06 billion (~$121.55 million) in the third quarter (Q3) of the financial...

January 21, 2026

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Parth Shukla

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Finance and M&A

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Solar
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Solar Financing Firm Aerem Raises $15 Million in Pre-Series B Round

Solar energy financing firm, Aerem Solutions, has raised $15 million (~₹1.36 billion) in a pre-series B funding round led by SMBC Asia Rising Fund, the venture capital...

January 21, 2026

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Melvin Mathew

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Finance and M&A

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Solar
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IREDA Subsidiary Approves First Overseas Solar Project Loan

IREDA Global Green Energy Finance IFSC (IGGEFIL), a wholly owned subsidiary of the government-owned lender, Indian Renewable Energy Development Agency (IREDA), has...

January 19, 2026

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Meghana Prasad

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Finance and M&A

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Solar
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Carbon Credits Platform RenewCred Secures ₹42.5 Million in Seed Funding

Independent carbon credit standard and registry, RenewCred, has secured equity and grants totalling ₹42.5 million (~$471,000) in a seed funding round. The funding will...

January 16, 2026

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Melvin Mathew

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Finance and M&A

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Renewable Energy
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GreenTech Raises ₹300 Million to Scale Wind Turbine Asset Management

GreenTech, an operations and maintenance (O&M) company specializing in wind turbine asset management, has raised ₹300 million (~$3.3 million) in its first funding...

January 14, 2026

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Meghana Prasad

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Finance and M&A

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Wind
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Project Finance Brief: Treaty Oak Secures Financing for 385 MW Solar Projects

From: Mercom Capital Group Treaty Oak Clean Energy, an independent renewable energy power producer, announced financial closure and commenced construction on two solar...

January 14, 2026

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Staff

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Finance and M&A

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Solar
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NLC India Approves Plan to List Renewable Energy Subsidiary NIRL

NLC India has approved the listing of its wholly-owned subsidiary, NLC India Renewables (NIRL), on the stock exchanges through the sale of up to 25% of its equity. The...

January 13, 2026

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Melvin Mathew

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Finance and M&A

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Solar
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Abunayyan–Nextpower Joint Venture Advances Utility-Scale Solar Across MENA

Saudi Arabia’s energy and infrastructure developer, Abunayyan Holding and U.S.-based Nextpower (formerly Nextracker), which specializes in solar tracking systems, have...

January 12, 2026

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Rakesh Ranjan

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Finance and M&A

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Solar
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Andhra Pradesh Greenlights ₹158 Billion Clean Energy Project Proposals

The Andhra Pradesh government has greenlighted renewable energy projects totaling ₹158 billion (~$1.75 billion) at the 14th State Investment Promotion Board (SIPB)...

January 8, 2026

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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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Project Finance Brief: Serengeti Energy Secures $26 Million Financing for the Ilute Solar Project

From: Mercom Capital Group Serengeti Energy, an independent renewable power producer, closed $26 million in project financing from a syndicate of lenders for the...

January 7, 2026

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Staff

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Finance and M&A

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Solar
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Inox Neo Energies Acquires SunSource’s 300 MW Solar Projects

Inox Neo Energies, the independent power producer (IPP) arm of Inox Clean Energy, has acquired around 300 MW of operational solar projects from SunSource Energy. Inox...

January 5, 2026

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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: Octopus Renewables to Sell Stakes in Solar and Wind Projects

From: Mercom Capital Group Octopus Renewables Infrastructure Trust, the diversified renewables infrastructure company, announced the signing of agreements to sell a 49%...

December 31, 2025

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Staff

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Finance and M&A

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Solar

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