merger

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PFC, REC Boards Clear Merger to Create Entity with ₹11 Trillion Loan Book

The boards of directors of the Power Finance Corporation (PFC) and REC Limited have approved the scheme of merger of the two public sector non-banking financial...

June 29, 2026

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Rakesh Ranjan

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Markets & Policy

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Renewable Energy
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Suniva to Merge With SUNation Energy in Reverse Merger Deal

SUNation Energy, a provider of residential and commercial solar energy systems and battery storage solutions, has signed a definitive reverse merger agreement with...

June 9, 2026

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Renu

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Finance and M&A

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Solar
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PFC, REC Boards Decide to Approach President for Merger Approval

The decks have been cleared for the merger of REC Limited with the Power Finance Corporation (PFC), with the boards of the two government-owned companies approving the...

May 18, 2026

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B.S. Nagaraj

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Markets & Policy

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Paid

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Renewable Energy
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Amrut Energy Merges with Mascot Dynamics to Scale Solar Pumps

Ahmedabad-based Amrut Energy, a solar water pump manufacturer and renewable energy solutions provider, has announced its merger with Mascot Dynamics, a diversified...

May 11, 2026

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Parth Shukla

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Press Releases

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Solar
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PFC–REC Merger Moves Ahead with Structured Execution Plan

Power Finance Corporation (PFC) and REC Limited’s merger is moving ahead in full steam, with execution plans being laid out to meet the statutory and regulatory...

February 13, 2026

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Rakesh Ranjan

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Finance and M&A

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Solar
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PFC Acquires Majority Stake in REC, Board Greenlights Merger

Power Finance Corporation (PFC) has acquired 52.63% of the Government of India’s stake in REC Limited, making REC a subsidiary of PFC. The PFC Board took note of the...

February 6, 2026

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Rakesh Ranjan

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Finance and M&A

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Renewable Energy
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Company Law Tribunal Approves Inox Wind Energy’s Merger with Inox Wind 

The National Company Law Tribunal, Chandigarh bench, has approved the merger between Inox Wind Energy (IWEL) and Inox Wind (IWL), both INOXGFL Group companies. The...

June 11, 2025

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Tina Freese

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Finance and M&A

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Wind
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Solar Companies Raise $24.1 Billion in Corporate Funding in 2022

Total corporate funding worldwide in the solar sector, including venture capital and private equity (VC), debt financing, and public market financing, came to $24.1...

January 12, 2023

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Sohini Aich

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Solar
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Energy Storage Companies Bring in a Record $22 Billion in Corporate Funding in 9M 2022

Total corporate funding (including venture capital funding, public market, and debt financing) for Energy Storage, Smart Grid, and Efficiency companies in 9M 2022 was up...

October 17, 2022

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Utsav Sinha

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Efficiency

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Smart Grid

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Storage
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NovaSource Acquires Aerial Solar Inspection Company Heliolytics

NovaSource Power Services, a portfolio company of Clairvest Group and Clairvest Equity Partners VI, and SunSystem Technology, a provider of operations and maintenance...

January 19, 2022

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Utsav Sinha

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Solar
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Funding and M&A Roundup: Amp Energy Secures Green Loan for a 60 MW Solar Project

From: Mercom Capital Group Renewable Energy Developer Amp Energy has secured a ‘Shinsei Green Loan’ valued at JPY17 billion (~$151 million) from its standing financing...

January 3, 2022

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Staff

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Finance and M&A

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Solar
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Funding and M&A Roundup: Amp Energy Secures Green Loan for a 60 MW Solar Project

Renewable Energy Developer Amp Energy has secured a ‘Shinsei Green Loan’ valued at JPY17 billion (~$151 million) from its standing financing partner, Shinsei Bank. The...

January 2, 2022

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Utsav Sinha

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Solar

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Storage
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Funding and M&A Roundup: Canadian Solar Issues €30 Million Green Bond

From: Mercom Capital Group Canadian Solar, a vertically integrated manufacturer of silicon ingots, wafers, and PV cells and modules, announced that Canadian Solar EMEA...

December 13, 2021

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Staff

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Finance and M&A

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Solar
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Funding and M&A Roundup: Canadian Solar Issues €30 Million Green Bond

Canadian Solar, a vertically integrated manufacturer of silicon ingots, wafers, and PV cells and modules, announced that Canadian Solar EMEA Capital Markets, an...

December 12, 2021

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Utsav Sinha

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Solar

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Storage
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Corporate Funding into Battery Storage, Smart Grid, and Efficiency Companies Increased to $10.4 Billion in 1H 2021

Total corporate funding (including venture capital funding, public market, and debt financing) for Battery Storage, Smart Grid, and Efficiency companies in 1H 2021 was...

July 19, 2021

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Utsav Sinha

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Efficiency

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Smart Grid

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Storage

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