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Goldman Sachs Alternatives Invests $440 Million in BrightNight

BrightNight, an independent renewable power producer, has secured a $440 million strategic investment from Goldman Sachs Alternatives‘ Infrastructure division. The...

August 1, 2024

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Gautamee Hazarika

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Markets & Policy

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Renewable Energy
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Canada Launches $1.1 Billion Fund for Critical Minerals Development

Canada’s Ministry of Energy and Natural Resources has launched a CA$1.5 billion (~$1.1 billion) fund to develop critical minerals infrastructure to be spent over seven...

November 24, 2023

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Staff

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Other

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Renewable Energy
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Adani Green Energy to Raise ₹123 Billion via Share Offering

Adani Green Energy (AGEL), the renewables arm of the Adani Group, plans to raise ₹123 billion (~$1.4 billion) through the sale of shares via qualified institutional...

July 6, 2023

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Gautamee Hazarika

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Other

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Renewable Energy
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Brookfield Renewables’ Q1 Loss Narrows on Higher Generation and Prices

Canada-based clean energy investor Brookfield Renewable Partners’ net loss narrowed to $32 million in the first quarter (Q1) of the financial year (FY) 2023 from $78...

May 8, 2023

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Gourav Mishra

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Finance and M&A

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Other

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Renewable Energy
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Greenko Raises $700 Million from GIC, Orix for Pumped Storage Projects

Renewable energy company Greenko Group announced the signing of definitive agreements for a primary equity raising of US$ 700 million from affiliates of Singapore’s...

March 3, 2023

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Gourav Mishra

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Other

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Renewable Energy
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Daily News Wrap-Up: Transmission System Approved for 1.5 GW Solar Power in Karnataka

The Central Electricity Regulatory Commission (CERC) recently granted a transmission license to Gadag II-A Transmission to establish a transmission system for the solar...

March 1, 2023

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Mercom Staff

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Daily Wrap-up
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EV Financing Firm Turno Raises $13.8 Million in Series A Funding

Turno, a Bengaluru-based commercial electric vehicle (EV) distribution and financing platform, has raised $13.8 million in series A funding which would be used to build...

February 9, 2023

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Gautamee Hazarika

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Electric Vehicles

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Energy Storage

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Finance and M&A
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Norfund, KLP to Acquire 49% Stake in ReNew’s Transmission Project

Norway’s development finance institution Norfund and the country’s largest pension fund KLP have announced an investment of NOK109 million (~$10.85 million) for a 49%...

January 4, 2023

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Gourav Mishra

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Grid

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Market & Policy
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EIP Closes First Round of Global Transition Fund with €1 Billion Commitments

Switzerland-based collective assets manager Energy Infrastructure Partners AG (EIP) announced the first closure of its global transition infrastructure fund by raising...

December 14, 2022

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Gourav Mishra

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Other

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Renewable Energy
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Daily News Wrap-Up: P&G to Procure Power From ENGIE’s 200 MW Solar Project

Here are some noteworthy cleantech announcements of the day from around the world: Procter and Gamble (P&G) and ENGIE North America inked a 200 MW power purchase...

September 23, 2022

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Satish Shetty

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Other

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Renewable Energy
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Northvolt Raises $1.1 Billion to Fund Expansion of Battery and Cathode Production

Northvolt, a Sweden-based manufacturer of lithium-ion batteries, has signed a $1.1 billion convertible note to finance the expansion of its battery and cathode material...

July 6, 2022

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Gourav Mishra

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Finance and M&A

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Other
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Inox Green Energy Files Fresh Draft Papers for ₹7.4 Billion IPO

Inox Green Energy Services, a subsidiary of Inox Wind, filed a fresh application to raise ₹7.4 billion (~$94.75 million) through an initial public offering (IPO)....

June 21, 2022

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Arjun Joshi

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Finance and M&A

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Wind
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Daily News Wrap-Up: Tata Motors Launches Electric Version of Mini-Truck

Here are some noteworthy cleantech announcements of the day from around the world: Indian commercial vehicle manufacturer Tata Motors launched the electric version of...

May 6, 2022

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Arjun Joshi

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Other

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Renewable Energy
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Battery-Grade Lithium Producer Mangrove Raises $10 Million in Series A Funding

Battery-grade lithium hydroxide producer Mangrove Lithium has closed a $10 million Series A investment round led by Breakthrough Energy Ventures (BEV). The fund will be...

November 19, 2021

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Arjun Joshi

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Energy Storage

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Finance and M&A
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Virescent Renewable Energy Trust Raises ₹21.5 Billion in Debt Financing

Virescent Renewable Energy Trust (VRET), a renewable energy infrastructure investment trust (InvIT) from KKR’s Virescent Infrastructure, has raised a total of ₹21....

November 15, 2021

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Arjun Joshi

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Finance and M&A

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Other

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