investment

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Inox Wind to Invest ₹4 Billion in Wind-Blade Manufacturing Unit in Karnataka

Noida-based wind energy solutions company Inox Wind will invest ₹4 billion (~$45.09 million) in establishing a wind turbine-blade manufacturing unit in Kushtagi, Koppal...

October 16, 2025

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Staff

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Markets & Policy

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Wind
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European Investment Bank Commits $60 Million to India Energy Transition Fund

EIB Global, the European Investment Bank’s (EIB) development arm, is investing up to $60 million in the India Energy Transition Fund. The fund has a target size of...

October 14, 2025

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Arjun Joshi

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Finance and M&A

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Other

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Renewable Energy
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Waaree Announces ₹81.75 Billion Investment Across Clean Energy Subsidiaries

Solar module manufacturer Waaree Energies has approved an additional capital expenditure of ₹80 billion (~$901.47 million) in its wholly owned subsidiary Waaree Energy...

October 7, 2025

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Arjun Joshi

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Finance and M&A

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Other
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JBM ECOLIFE Secures $100 Million Investment from IFC to Deploy 1,455 e-Buses

JBM ECOLIFE Mobility, a subsidiary of electric bus manufacturer JBM Auto, has secured a $100 million long-term capital investment from International Financial...

September 12, 2025

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Arjun Joshi

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Electric Vehicles

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Finance and M&A
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Rotomag Acquires 51% Stake in Power Converter Manufacturer Statcon

Power converter manufacturer Statcon Energiaa has secured an investment from Rotomag Enertec, providing the latter with a 50.99% stake in the company. The two companies...

August 26, 2025

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Staff

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Energy Storage

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Market & Policy
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IFC to Invest $20 Million in EV Platform Transvolt Mobility

The International Finance Corporation (IFC) has announced a $20 million equity investment in Mumbai-based electric vehicle (EV) platform Transvolt Mobility (Transvolt),...

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Daily News Wrap-Up: Center Extends NTPC, NLC Investment Cap in Subsidiaries

In a major push for clean energy, the government allowed two central public sector enterprises to invest up to ₹270 billion (~$3.14 billion) in their renewable energy...

July 18, 2025

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Mercom Staff

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Daily Wrap-up
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Government Allows NTPC, NLC to Invest ₹270 Billion in Green Energy Arms

In a major push for clean energy, the government has allowed two central public sector enterprises to invest up to ₹270 billion (~$3.14 billion) in their renewable...

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NLC India to Invest ₹16.3 Billion in Renewables Subsidiary

NLC India has granted an in-principle approval to invest up to ₹16.3 billion (~$190 million) in one or more tranches in its wholly owned subsidiary, NLC India Renewables...

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GCF Approves $200 Million for ADB’s India Clean Energy Program

The Green Climate Fund (GCF) has approved $200 million (~₹17.07 billion) for a new program led by the Asian Development Bank (ADB) to enhance large-scale public and...

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ORIX to Sell 17.5% Stake in Greenko to AM Green for $1.28 Billion

Japan-based financial services group ORIX Corporation has announced it will reenter a share transfer agreement to divest part of its holdings in Hyderabad-based...

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Juniper Green Files Draft Papers with SEBI for ₹30 Billion IPO

Independent renewable energy producer Juniper Green Energy has filed its draft red herring prospectus (DRHP) to raise over ₹30 billion (~$349 million) through an initial...

June 30, 2025

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Tina Freese

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Finance and M&A

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Solar

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Wind
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Government Opens Doors to Global Electric Car Makers with Portal Launch

The Ministry of Heavy Industries (MHI) has launched the application portal for the ‘Scheme to Promote Manufacturing of Electric Passenger Cars in India (SPMEPCI),’...

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Global Investments in Solar Sector to Reach $450 Billion in 2025: IEA

Global investments in the energy sector are set to reach a record $3.3 trillion in 2025, a 2% increase from 2024, according to the International Energy Agency’s (IEA)...

June 9, 2025

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Tina Freese

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Renewable Energy

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Solar
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$14 Billion Clean Energy Investments Cancelled in US in 2025

Businesses in the U.S. have canceled or delayed over $14 billion in investments in clean energy and clean vehicle factories since January this year due to rising fears...

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