financing

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Daily News Wrap-Up: Extreme Weather Puts Solar Modules to the Test

Recent extreme weather events in Rajasthan and other parts of the country raised concerns about the structural durability of rooftop solar installations, with industry...

June 5, 2026

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Mercom Staff

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Daily Wrap-up
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Avaada Group Secures $950 Million for Renewable Energy Projects

Renewable energy company Avaada Group has secured $950 million in financing from a consortium of global and domestic banks for renewable energy projects in India. The...

June 2, 2026

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Meghana Prasad

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Finance and M&A

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Solar
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CleanMax Secures $575 Million for 1 GW Solar, Wind Projects

Mumbai-headquartered renewable energy solutions provider Clean Max Enviro Energy Solutions (CleanMax) announced that it secured nearly $575 million to expand its solar...

May 27, 2026

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Meghana Prasad

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Markets & Policy

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Solar

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Wind
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MSMEs Gain Easier Access to Clean Energy Financing as Banks Expand Offerings

India’s clean energy transition initiatives are increasingly moving beyond utility-scale projects and into the country’s medium, small and micro enterprises (MSME)...

May 22, 2026

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Meghana Prasad

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C&I

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Solar
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Sunstream Secures ₹7 Billion Refinancing for 250 MW Solar Portfolio from SBI

Renewable energy solutions provider Sunstream Green Energy completed a ₹7 billion (~$72.67 million) refinancing with State Bank of India (SBI) for an over-250-MW solar...

May 19, 2026

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Parth Shukla

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Finance and M&A

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Solar
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August Energy Secures ₹1.3 Billion in Debt Financing from Aseem Infrastructure

Singapore-headquartered energy-as-a-service (EaaS) infrastructure platform August Energy has secured long-term project financing of ₹1.3 billion (~$15 million) in debt...

March 27, 2026

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Parth Shukla

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Finance and M&A

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Renewable Energy
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Metafin Secures $10 Million Loan to Finance Solar Projects for Rural MSMEs

Metafin, a solar financing platform focused on rural micro, small, and medium enterprises (MSMEs) and households, has secured a $10 million structured debt facility from...

March 24, 2026

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Parth Shukla

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Finance and M&A

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Solar
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Daily News Wrap-Up: Trade Bodies Slam Karnataka Power Tariff Hike

Trade bodies have sharply criticized the Karnataka Electricity Regulatory Commission’s (KERC) decision to revise electricity tariffs for the financial year (FY) 2025-26,...

March 13, 2026

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Mercom Staff

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Daily Wrap-up
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Mahindra Susten Secures ₹10.25 Billion for 300 MW Renewable Project in Rajasthan

Mahindra Susten, the clean-tech platform of the Mahindra Group, has achieved financial closure for NHPC’s 300 MW renewable energy project in Rajasthan. The project,...

March 12, 2026

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Rakesh Ranjan

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Finance and M&A

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Renewable Energy
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Bondada Secures ₹5 Billion Loan from Canara Bank for 400 MWh BESS

Hyderabad-based Bondada Engineering has received approval for credit facilities of ₹5 billion (~$55.01 million) from Canara Bank to fund the debt portion of its  200...

February 26, 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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Sun Investment Group Secures $38 Million for 59 MW Solar Portfolio

Sun Investment Group, a vertically integrated European renewable energy company, closed a €32.5 million (~$38 million) financing for a portfolio of solar projects in...

February 20, 2026

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Staff

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Solar
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World Bank Provides $198 Million Guarantee for SBI’s Rooftop Solar Initiative

The World Bank Group’s Multilateral Investment Guarantee Agency (MIGA) has issued a $197.67 million five-year guarantee to Citibank N.A. for its non-shareholder loan to...

February 19, 2026

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Parth Shukla

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Finance and M&A

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Rooftop

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Solar
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Grenergy Secures $355 Million for Central Oasis Project

Grenergy, a renewable energy company, closed a $355 million senior non-recourse financing agreement for its Gran Teno, Tamango, and Planchón projects, which together...

February 13, 2026

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Staff

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Solar
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European Energy Closes $77 Million Financing for Solar and Storage Project

European Energy, a renewable energy project developer, has completed a long-term financing of €64.5 million (~$77 million) for the Kvosted hybrid solar and battery...

February 13, 2026

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Staff

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Solar

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Storage
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SolarAfrica Raises $94 Million for SunCentral 2 Solar Project

SolarAfrica, a South Africa-based solar energy company, secured financial close on R1.5 billion (~$94 million) for the development and construction of the 114 MW...

February 12, 2026

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Staff

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Solar

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