The International Finance Corporation (IFC) will partially finance a 550 MW solar power project being developed by Brookfield Asset Management in Bikaner, Rajasthan,...

Public infrastructure finance company REC Limited recorded its highest-ever loan approvals totaling ₹3.58 trillion (~$43.02 billion) in the financial year (FY) 2023-24,...

From: Mercom Capital Group Mecaware, a battery recycling company, secured €40 million (~$42 million) in funding for the recycling of battery production...

From: Mercom Capital Group Group14 Technologies, a silicon battery materials maker, secured $34.3 million from ShawKwei & Partners, an Asian private equity investor....

The Assam government has approved a ₹51.97 billion ($624.4 million) project to modernize the state’s power distribution system. The approved project, funded under...

From: Mercom Capital Group Morrow Batteries, a Norwegian battery manufacturer, announced that it is raising up to EUR 70 million (~$74 million) in new capital from its...

From: Mercom Capital Group Verkor, a manufacturer of lithium-based battery cells and modules, secured €1.45 billion (~$1.54 billion) with a mix of equity and debt...

From: Mercom Capital Group Ambient Photonics, a low-light solar photovoltaic cells company, secured $30 million in a series A2 funding round. The round was led by Fine...

From: Mercom Capital Group UrbanVolt, a solar-as-a-service company, raised €26 million (~$28 million) from European growth investor Verdane, bringing the company’s total...

From: Mercom Capital Group FranklinWH, a residential energy management solutions provider, secured $25 million in Series B funding led by Particle Future. The funding is...

From: Mercom Capital Group Cornish Lithium, a U.K.-based mineral exploration and development company, has secured a $67 million direct equity investment led by UK...

From: Mercom Capital Group Electriq Power, a provider of intelligent energy storage and management for homes and small businesses, announced the completion of its merger...

From: Mercom Capital Group Field Energy, a developer and operator of battery energy storage systems, secured a £200 million (~$257 million) investment from DIF Capital...

U.S.-based solar module manufacturer First Solar recorded a net income of $170.58 million in the second quarter (Q2) of 2023, an increase of 205% year-over-year (YoY)...

Solar power accounted for 15.9% of India’s total installed power capacity and 38.3% of the total installed renewable capacity in the second quarter of 2023, up from 14%...