Finance and M&A

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ADB Approves $460 Million Loan for Agricultural Solarization in Maharashtra

The Asian Development Bank (ADB) has approved a results-based loan of $460 million to modernize rural power infrastructure, promote distributed renewable energy...

October 29, 2025

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Staff

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Finance and M&A

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Solar
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Blueleaf, BII Sign $75 Million Agreement to Boost Renewable Energy in India

Singapore-based renewable energy platform Blueleaf Energy has signed an agreement with UK-based development finance institution and impact investor British International...

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Premier Energies’ Q2 Revenue Rises 20% on Strong Solar Cell and Module Demand

Solar module and cell manufacturer Premier Energies reported a revenue of ₹18.37 billion (~$208.5 million) in the second quarter (Q2) of the financial year (FY) 2026, a...

October 29, 2025

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Staff

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Finance and M&A

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Solar
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Goldi Solar Secures ₹14 Billion in Havells-led Funding Round

Solar module manufacturer Goldi Solar has secured ₹14.22 billion (~$161.07 million) in growth capital in a funding round led by Havells India, high-net-worth individuals,...

October 29, 2025

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Staff

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Finance and M&A

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Solar
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Adani Green’s Q3 Profit Rises 24.2% on Higher Renewable Energy Sales

Adani Green Energy’s (AGEL) revenue dropped 4.3% year-over-year (YoY) to ₹32.49 billion(~$368.5 million) in the second quarter (Q2) of the financial year (FY) 2026 from...

October 29, 2025

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Melvin Mathew

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Finance and M&A

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Solar
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Rise in Polysilicon Prices Drives Daqo’s Revenue Up 23% in Q3 2025

China-based photovoltaic-grade polysilicon manufacturer Daqo New Energy Corporation has posted a revenue of $244.6 million in the third quarter (Q3) of 2025, up 23%...

October 28, 2025

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Melvin Mathew

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Finance and M&A

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Solar
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Honda Motor Acquires Stake in OMC Power to Repurpose EV Batteries

Electric vehicle (EV) manufacturer, Honda Motor, has made an equity investment in OMC Power, a distributed power supply and mini-grid business, to develop clean energy...

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Smart Grid Analytics Raises $3.3 Million from Strategic Investors

Bengaluru-based renewable energy intelligence company Smart Grid Analytics has raised $3.3 million (~₹289.75 million) in funding from strategic investors and clean...

October 27, 2025

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Melvin Mathew

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Finance and M&A

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Grid

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Smart Grid
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Dalmia Cement Increases Solar Energy Sourcing by 14 MW

Dalmia Cement (Bharat) has announced it will source 14 MW of solar power as a captive consumer from Velan Infra Projects, a renewable energy solutions provider, through...

October 27, 2025

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Staff

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Finance and M&A

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Solar
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REC Profit Up 9.4% in Q2 FY 2026, Renewable Energy Loans Grow 15%

Public infrastructure finance company REC has posted a net profit of ₹44.14 billion (~$530.4 million) for the second quarter (Q2) of the financial year (FY) 2026, up...

October 27, 2025

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Staff

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Finance and M&A

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Renewable Energy
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Nextracker Posts Strong Q2 FY 2026 Results Driven by Electricity Demand

U.S.-based solar tracker firm Nextracker has reported revenue of $905.27 million for the second quarter of the financial year (FY) 2026, a 4.74% quarter-over-quarter...

October 24, 2025

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Staff

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Finance and M&A

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Solar
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Global Solar Sector Attracts $17.3 Billion Corporate Funding in 9M 2025, Down 22% YoY

Total corporate funding, including venture capital funding, public market, and debt financing, for the solar sector globally, stood at $17.3 billion in the first nine...

October 24, 2025

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Arjun Joshi

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Finance and M&A

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Mercom Research Focus

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Solar
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Premier to Acquire Solar Inverter Firm KSolare and Transformer Company Transcon

Hyderabad-based integrated solar cell and module manufacturing company Premier Energies has announced it will acquire solar inverter manufacturer KSolare Energy and...

October 24, 2025

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Staff

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Finance and M&A

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Solar
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Radiance and Sunsure Secure ₹6.8 Billion Funding from NIIF IFL

Renewable energy solutions providers, Radiance Renewables and Sunsure Energy, have received cumulative funding of ₹6.8 billion (~$77.47 million) from NIIF Infrastructure...

October 23, 2025

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Melvin Mathew

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Finance and M&A

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Solar
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Rayzon Solar Secures SEBI Approval for ₹15 Billion IPO

Module manufacturer Rayzon Solar has received approval for its draft red herring prospectus (DRHP) for an initial public offering (IPO) to raise ₹15 billion (~$170.64...

October 23, 2025

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Staff

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Finance and M&A

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Modules

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Solar

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