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Funding and M&A Roundup: Vulcan Energy Secures $290 Million

Vulcan Energy, a material exploration company specializing in lithium production, has secured €250 million (~$290 million) in financing from the European Investment Bank...

December 10, 2025

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Staff

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Solar

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Storage
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Funding and M&A Roundup: Vulcan Energy Secures $290 Million

From: Mercom Capital Group Vulcan Energy, a material exploration company specializing in lithium production, has secured €250 million (~$290 million) in financing from...

December 10, 2025

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Staff

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Finance and M&A

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Other
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ABB Acquires Power Electronics Business of Gamesa Electric

ABB, a Switzerland-based industrial conglomerate specializing in electrification and automation, has announced the acquisition of Gamesa Electric’s power...

December 8, 2025

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Staff

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Solar
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Hybrid Energy Storage Solutions Raises $14 Million in Funding

Hybrid Energy Storage Solutions (HESSTec), an energy storage solutions provider, has secured €12 million (~$13.6 million) in a funding round. The funding round saw...

June 10, 2025

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Dibin DB

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Storage
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Funding and M&A Roundup: Blackrock Acquires Energy Storage Developer Jupiter Power

Through a fund managed by its Diversified Infrastructure business, BlackRock Alternatives has agreed to acquire Jupiter Power, an operator, and developer of stand-alone...

November 23, 2022

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Arjun Pradeep

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Solar

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Storage
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Funding and M&A Roundup: BlackRock Acquires Energy Storage Developer Jupiter Power

From: Mercom Capital Group Through a fund managed by its Diversified Infrastructure business, BlackRock Alternatives has agreed to acquire Jupiter Power, an operator,...

November 23, 2022

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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: Sify’s Data Centers in Mumbai to be Powered With Green Energy

Here are some noteworthy cleantech announcements of the day from around the world: Digital information and communications technology solutions provider Sify Technologies...

February 24, 2022

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Arjun Joshi

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Other

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Renewable Energy
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Daily News Wrap-Up: REC Silicon to Resume Solar Wafer Production for Violet Power

Here are some noteworthy cleantech announcement of the day from around the world: REC Silicon ASA, a U.S.-based advanced silicon material producer, and Violet Energy...

October 15, 2020

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Harsh Shukla

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Other

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Renewable Energy
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ABB to Build a Manufacturing Facility in Italy to Meet Global Demand for EV Chargers

Switzerland-based ABB announced that it had invested $30 million (~₹2.25 billion) to construct its new manufacturing facility in San Giovanni Valdarno, Italy. In its...

August 9, 2020

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Harsh Shukla

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Electric Vehicles

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Grid
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Hitachi ABB Power Grids Wins ₹1.2 Billion Deal to Supply Transformers to Indian Railways

Hitachi ABB Power Grids India announced that it won a ₹1.2 billion (~$16.05 million) order to help the Indian government’s goal of 100% railway electrification and...

July 18, 2020

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Nithin Thomas

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Grid

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Market & Policy
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ABB Acquires Majority Stake in Chinese E-Mobility Company Chargedot

Switzerland-based ABB has completed the acquisition of a majority stake in the Chargedot Shanghai New Energy Technology Company Limited. The news was made public by the...

March 29, 2020

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Rakesh Ranjan

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Finance and M&A

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Other
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NTPC Invites Bids for Solar Inverter Package for a 23 MW Solar Project in Maharashtra

The National Thermal Power Corporation (NTPC) has invited bids for a solar inverter package of 23 MW for a solar power project at Solapur in Maharashtra. The scope of...

March 11, 2020

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Rakesh Ranjan

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Solar

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Tenders & Auctions
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TMEIC and Sungrow Led the Solar Inverter Supplier Leaderboard in 1H 2019

In the first half of 2019 (1H 2019), TMEIC emerged as the top supplier of solar inverters to the Indian market with a market share of approximately 20% while Sungrow...

January 8, 2020

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Rakesh Ranjan

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Mercom Research Focus

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Other
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ABB Set to Acquire Majority Stake in Chinese E-Mobility Company

Switzerland-headquartered ABB is set to acquire a 67% share stake in Shanghai Chargedot New Energy Technology Co., Ltd., a leading Chinese e-mobility solution provider....

October 31, 2019

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Rakesh Ranjan

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Finance and M&A

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Other
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ABB to Quit Solar Inverter Business, FIMER to Take Over

Switzerland-headquartered ABB and Italian company FIMER have signed an agreement under which FIMER will acquire ABB’s solar inverter business. The transaction is...

July 9, 2019

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Saumy Prateek

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Markets & Policy

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Solar

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