Kolkata-based power utility Calcutta Electric Supply Corporation (CESC) has acquired a 63.91% equity stake in Purvah Green Power at the cost of ₹2.05 billion (~$24.48...

U.S.-based residential solar firm Sunnova Energy reported a 21% narrower net loss for the second quarter of 2024 at $79.7 million, an improvement from the $100.8 million...

Delhi-based solar irrigation services company Oorja Development Solutions closed its Pre-Series A funding round, raising $1.5 million from six investors. The company...

U.S.-based First Solar‘s second quarter (Q2) 2024 net income rose 104.8% to touch $349.4 million from $170.6 million last year, primarily driven by higher module...

From: Mercom Capital Group JUWI, a renewable energy project developer and wholly owned subsidiary of MVV Energie, announced the sale of a 267 MW solar portfolio in...

Gurugram-based renewable energy company BluPine Energy said it has secured a funding of ₹2.39 billion (~$ 28.54 million) from Tata Capital. The funding will be utilized...

Solar EPC and turnkey solution provider Rays Power Infra has raised ₹1.27 billion (~$15.17 million) in equity capital from a clutch of high-net-worth individuals, family...

From: Mercom Capital Group Intersect Power, a utility-scale solar project developer, announced closing two separate transactions representing an aggregate of $837...

Jakson Green, the renewable energy arm of the Jakson Group, has secured a ₹2.96 billion (~$35.36 million) credit facility from First Abu Dhabi Bank (Mumbai) to support...

Renewable energy company BluPine Energy has secured ₹4.36 billion ($52.85 million) in financing from the State Bank of India for its 120 MW solar project in Panshina and...

The engineering, procurement, and construction (EPC) arm of Shapoorji Pallonji Group, Sterling and Wilson Renewable Energy, posted a net profit of ₹50 million (~$600,...

Total corporate funding, including venture capital/private equity (VC) funding, public market, and debt financing, in the solar sector reached $16.6 billion in the first...

The Asian Development Bank (ADB) has approved loans of $240.5 million to finance rooftop solar systems in India. The financing will be provided to the State Bank of...

From: Mercom Capital Group Emeren Group, a solar project developer, announced the sale of a 42 MW ready-to-build solar project portfolio in Spain to CVE España, part of...

Jupiter International, a manufacturer of photovoltaic solar cells and provider of solar power solutions in India, has received an investment of ₹3 billion (~$35.89...