funding
The Central Electricity Authority (CEA) greenlighted Detailed Project Reports (DPRs) of six pumped hydro storage projects (PSPs) with a total capacity of 7.5 GW. The...
From: Mercom Capital Group Base Power, a distributed energy storage solutions provider, secured $200 million in a Series B funding round. Addition, a16z, Lightspeed, and...
From: Mercom Capital Group Octopus Australia, a renewable energy project developer and fund manager, has reached financial close on the 80 MW Fulham Solar Project and...
Kolkata-based solar cell manufacturer and solar solutions provider Jupiter International has secured a ₹5 billion (~$58.07 million) investment from ValueQuest SCALE Fund....
From: Mercom Capital Group Zero Industrial, a thermal energy storage solution provider, raised $10 million in Series A funding led by Evok Innovations with participation...
From: Mercom Capital Group Potentia Energy, a renewable energy developer co-owned by Enel Green Power and INPEX, completed the acquisition of controlling stakes in a...
Gurgaon-based ACME Solar Holdings has secured a ₹24.91 billion (~$298.92 million) long-term refinancing facility for 18 to 20 years from the State Bank of India and REC...
From: Mercom Capital Group Apricus Generation, a distributed solar and battery development platform and independent power producer, announced that it has secured a $30...
A ₹0.07 (~$0.0008)/kWh trading margin and the discovered tariff have become a bone of contention between renewable energy implementing agencies (REIAs) and buying...
ONGC has approved an investment of ₹33 billion (~$384.84 million) in ONGC Green to part-fund the acquisition of a 100% stake in Ayana Renewable Power. The company will...
Non-banking financial services company Shriram Finance has secured a $150 million loan from the Asian Development Bank (ADB) to enhance access to finance for electric...
From: Mercom Capital Group TRENDE, a provider of renewable energy solutions in Japan, announced the completion of a JPY1.07 billion (~$7.2 million) funding round through...
Green transition-focused non-banking finance company Ecofy Finance has secured a $12.5 million (~₹1.07 billion) long-term loan from Denmark government’s Investment Fund...
Surat-based renewable energy solutions provider KPI Green Energy has secured a credit facility of ₹2.72 billion (~$31.4 million) to partly finance a 50 MW hybrid power...
From: Mercom Capital Group Terabase Energy, a digital solutions provider for solar power projects, received $130 million in a Series C funding round led by SoftBank...
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