Funding

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Adani Energy Receives Financing for ±800 kV HVDC Transmission Project

Adani Energy Solutions (AESL) has secured long-term financing from a consortium of Japanese banks, led by MUFG Bank and Sumitomo Mitsui Banking Corporation, for its ±800...

February 10, 2026

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Parth Shukla

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Finance and M&A

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Grid
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Radiance Renewables Raises $100 Million from Danish Fund, FMO

Mumbai-based Radiance Renewables, a clean energy firm backed by Eversource Capital, has raised about $100 million in equity funding from two major international...

February 9, 2026

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Rakesh Ranjan

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Finance and M&A

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Solar
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E-Bus Services Provider Drivn Gets $80 Million Boost from Nomura

Gurugram-based commercial electric mobility services provider Drivn has received a commitment of up to $80 million in funding from financial services company Nomura....

February 5, 2026

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Parth Shukla

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Electric Vehicles

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Finance and M&A
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Daily News Wrap-Up: CSERC Clarifies DSM Charges for Open Access Consumers

The Chhattisgarh State Electricity Regulatory Commission (CSERC) issued clarifications on the applicability of wheeling and Deviation Settlement Mechanism (DSM) charges...

February 4, 2026

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Mercom Staff

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Daily Wrap-up

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Other
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Funding and M&A Roundup: Jupiter Secures $500 Million Credit Facility

From: Mercom Capital Group Jupiter Power, a utility-scale energy storage project developer and operator, has secured a $500 million senior-secured green revolving loan...

February 4, 2026

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Staff

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Finance and M&A

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Other
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Battery Manufacturer Meine Electric Raises $750,000 in Pre-Seed Funding

Energy storage solutions provider, Meine Electric, has raised $750,000 (~₹67 million) in a pre-seed funding round from Antler, Rebalance, Venture Catalysts, gradCapital,...

January 28, 2026

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Parth Shukla

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Energy Storage

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Finance and M&A

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Technology
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Project Finance Brief: Low Carbon Closes Over $684 Million in Debt

From: Mercom Capital Group Low Carbon, a renewable energy project developer, raised more than £500 million (~$684 million) across senior and Holdco financing in...

January 28, 2026

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Staff

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Finance and M&A

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Other
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Funding and M&A Roundup: GlassPoint Secures $20 Million in Funding

From: Mercom Capital Group GlassPoint, a company that provides solar thermal-based energy solutions, has closed $20 million in a funding round led by N.I.S. New...

January 28, 2026

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Staff

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Finance and M&A

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Other
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Daily News Wrap-Up: Solar Tenders, Auctions Down in 2025

In 2025, tender announcements for utility-scale solar projects declined to nearly 44 GW, down 45% from 2024, according to Mercom India Research. During the year, around...

January 27, 2026

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Mercom Staff

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Daily Wrap-up
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What SMEs Should Know Before Applying for Solar Financing in India

Clean energy sources, including solar, can deliver long-term cost savings and improve resilience against power supply volatility. As India accelerates its renewable...

January 27, 2026

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Parth Shukla

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C&I

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Finance and M&A

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Renewable Energy
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Climate Fintech Company Cloover Raises $1.2 Billion in Debt, Equity

Berlin-based climate fintech company Cloover has secured over $1.2 billion in funding commitments, comprising equity and debt facilities from investors, to build an AI...

January 23, 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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GreenCell Mobility Secures $89 Million Funding Led by BII, IFC, and Tata Capital

Eversource Capital’s green mobility arm, GreenCell Mobility, has raised $89 million in a mezzanine financing round led by British International Investment (BII), IFC,...

January 22, 2026

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Rakesh Ranjan

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Electric Vehicles

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Grid
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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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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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Funding and M&A Roundup: Terralayr Secures $223 Million in Equity Round

From: Mercom Capital Group Terralayr, a developer, owner, and operator of battery energy storage assets, raised €192 million (~$223 million) in an equity round,...

January 21, 2026

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Staff

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Finance and M&A

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Other

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