The Maharashtra state cabinet has approved a five-year ₹123.03 billion (~$1.48 billion) program to accelerate the deployment of renewable energy and storage. The...

From: Mercom Capital Group UK-based Exergy3, a thermal energy storage startup, raised £10 million (~$13.5 million) in a seed funding round, led by Axeleo Capital through...

Gurugram-based Battery Smart, a battery-swapping network for electric two- and three-wheelers operated by Upgrid Solutions, has secured $15 million in debt funding from...

From: Mercom Capital Group Sigenergy Technology, a provider of home battery storage and commercial solar solutions, raised over HK$4.4 billion (~$562 million) through...

Polaris Smart Metering has secured ₹7.1 billion (~$76.15 million) in financing from British International Investment (BII) for its subsidiary to scale up smart meter...

GAIL (India) has approved an investment of ₹38 billion (~$407.5 million) to set up 700 MW of solar-plus-storage projects in Uttar Pradesh and Maharashtra. The projects...

From: Mercom Capital Group TeraWatt Technology, a lithium-ion battery manufacturer, has completed the final close of its Series C funding round. The company has not...

The Indian Railway Finance Corporation (IRFC), the dedicated funding arm of the Indian Railways, has disbursed a ₹10 billion (~$108.05 million) term loan to Maharashtra...

From: Mercom Capital Group EnerVenue Holdings, a company that develops metal-hydrogen batteries, announced the closing of a $300 million extension of its Series B...

Solar module manufacturer Cosmic PV Power has filed its Draft Red Herring Prospectus with the Securities and Exchange Board of India to raise up to ₹6.4 billion (~$69...

Mumbai-based electric vehicle (EV) solutions company Neuron Energy has commissioned a ₹1 billion (~$10.76 million) battery energy storage system manufacturing facility...

From: Mercom Capital Group TerraSpark, a space-based solar energy solutions provider, secured €5 million (~$5.7 million) in a funding round led by Daphni, Sake Bosch,...

Indian Renewable Energy Development Agency (IREDA) has entered into a facility agreement with Sumitomo Mitsui Banking Corporation (SMBC) to raise an external commercial...

Gujarat-based embedded electronics and power systems company Bacancy Systems has raised ₹400 million (~$4.24 million) in a Series A funding round led by Sabre Partners...

Electric vehicle (EV) manufacturer Euler Motors has raised ₹4.37 billion (~$46.2 million) in a Series E funding round. This round was led by Lightrock and saw Hero...