Finance and M&A

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Clean Energy Lender Solar Mosaic Files for Bankruptcy

Hit by multiple macroeconomic challenges, U.S. residential solar fintech and energy-efficient home improvement platform Solar Mosaic has filed for relief under Chapter...

June 12, 2025

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Staff

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Finance and M&A

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Solar
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Company Law Tribunal Approves Inox Wind Energy’s Merger with Inox Wind 

The National Company Law Tribunal, Chandigarh bench, has approved the merger between Inox Wind Energy (IWEL) and Inox Wind (IWL), both INOXGFL Group companies. The...

June 11, 2025

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Tina Freese

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Finance and M&A

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Wind
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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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