financing

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Daily News Wrap-Up: India Adds 1.3 GW of Wind Capacity in Q2 2026

India added 1.3 GW of wind power capacity in the second quarter (Q2) of calendar year 2026, down 15% from the previous quarter and 18% from the same period last year,...

July 17, 2026

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Melvin Mathew

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Daily Wrap-up
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BII, EAAIF Partner to Finance Blueleaf Energy’s Renewable Energy Expansion

UK’s development finance institution and impact investor, British International Investment (BII), has announced the partial syndication of its mezzanine debt...

July 15, 2026

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Meghana Prasad

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Finance and M&A

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Renewable Energy
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EV Platform Milo Drive Raises $2.4 Million in Seed Funding Round

Gurugram-based electric vehicle (EV) mobility platform, Milo Drive, has raised $2.4 million (~₹228.59 million) in a seed funding round led by Caret Capital. Antler,...

July 13, 2026

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Melvin Mathew

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Electric Vehicles

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Finance and M&A
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ReNew, Mitsui Ink $730 Million Refinancing for 320 MW RTC Project

Decarbonization solutions company ReNew and Japan’s Mitsui have inked a $730 million (~₹69.53 billion) multi-currency refinancing for its 320 MW round-the-clock (RTC)...

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World Bank Approves $890 Million Financing Package for PM Surya Ghar

The World Bank has approved an $890 million (~₹84.95 billion) financing package to support the PM Surya Ghar: Muft Bijli Yojana. The financing package comprises an $820...

July 10, 2026

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Melvin Mathew

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Solar
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India’s Rooftop Solar Growth Hinges on Financing and Execution: Interview

Rooftop solar systems pack a balanced mix of advantages that make them suitable for multiple customer segments, be it MSMEs, commercial and industrial consumers, or...

June 26, 2026

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Rakesh Ranjan

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Rooftop

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Solar
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Daily News Wrap-Up: Capital Markets Gain Ground in Clean Energy Funding

As India’s clean energy sector enters its next phase of growth, capital markets are emerging as a critical source of financing. Renewable energy developers, engineering,...

June 26, 2026

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Mercom Staff

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Daily Wrap-up
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Daily News Wrap-Up: ‘Give It Up’ Option May Boost Large-Scale Rooftop Solar

The Ministry of New and Renewable Energy’s (MNRE) option, allowing residential consumers to voluntarily forgo subsidies under the PM Surya Ghar Muft Bijli Yojana, could...

June 25, 2026

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Mercom Staff

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Daily Wrap-up
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Capital Markets, IPOs, and the Next Wave of Renewable Energy Growth

As India’s clean energy sector enters its next phase of growth, capital markets are emerging as a critical source of financing. Renewable energy developers, EPC...

June 25, 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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NTPC REL Seeks ₹60 Billion Term Loan to Fund Clean Energy Portfolio

NTPC Renewable Energy (NTPC REL) has invited bids from lenders and financial institutions for a rupee term loan of up to ₹60 billion (~$636 million) to support its...

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Daily News Wrap-Up: Andhra Faces Hurdles in Rooftop Solar Market

The rooftop solar market in Andhra Pradesh continues to face a complex mix of financial and policy-related challenges. While residential demand remains supported by the...

June 22, 2026

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Mercom Staff

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Daily Wrap-up
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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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