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...

India’s peak power demand is expected to rise to 459 GW by 2035-36 from 289 GW in 2026-27, according to the Central Electricity Authority’s National Generation Adequacy...

From: Mercom Capital Group GS Power Partners, an independent power producer and solar project developer backed by CVC DIF, closed a $250 million debt facility. Deutsche...

The Ministry of New and Renewable Energy (MNRE) called for strengthening its role, considering the rapidly expanding scale and strategic importance of renewables, to...

Integrated infrastructure services company Bluspring Enterprises has announced that its wholly owned subsidiary, Bluspring New Horizon One (BNHOPL), has executed a share...