finance
REC Limited has invited bids to engage lenders’ legal counsel to carry out the land due diligence of 603 acres of land offered by Adani Solar Energy RJ Two as...
The International Finance Corporation (IFC) will partially finance a 550 MW solar power project being developed by Brookfield Asset Management in Bikaner, Rajasthan,...
Public infrastructure finance company REC Limited recorded its highest-ever loan approvals totaling ₹3.58 trillion (~$43.02 billion) in the financial year (FY) 2023-24,...
From: Mercom Capital Group Mecaware, a battery recycling company, secured €40 million (~$42 million) in funding for the recycling of battery production...
From: Mercom Capital Group Group14 Technologies, a silicon battery materials maker, secured $34.3 million from ShawKwei & Partners, an Asian private equity investor....
The Assam government has approved a ₹51.97 billion ($624.4 million) project to modernize the state’s power distribution system. The approved project, funded under...
From: Mercom Capital Group Morrow Batteries, a Norwegian battery manufacturer, announced that it is raising up to EUR 70 million (~$74 million) in new capital from its...
From: Mercom Capital Group Verkor, a manufacturer of lithium-based battery cells and modules, secured €1.45 billion (~$1.54 billion) with a mix of equity and debt...
From: Mercom Capital Group Ambient Photonics, a low-light solar photovoltaic cells company, secured $30 million in a series A2 funding round. The round was led by Fine...
From: Mercom Capital Group UrbanVolt, a solar-as-a-service company, raised €26 million (~$28 million) from European growth investor Verdane, bringing the company’s total...
From: Mercom Capital Group FranklinWH, a residential energy management solutions provider, secured $25 million in Series B funding led by Particle Future. The funding is...
From: Mercom Capital Group Cornish Lithium, a U.K.-based mineral exploration and development company, has secured a $67 million direct equity investment led by UK...
From: Mercom Capital Group Electriq Power, a provider of intelligent energy storage and management for homes and small businesses, announced the completion of its merger...
From: Mercom Capital Group Field Energy, a developer and operator of battery energy storage systems, secured a £200 million (~$257 million) investment from DIF Capital...
U.S.-based solar module manufacturer First Solar recorded a net income of $170.58 million in the second quarter (Q2) of 2023, an increase of 205% year-over-year (YoY)...
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