funding

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Oorja Raises $1.5 Million to Deploy Agri-Energy Infrastructure

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...

August 1, 2024

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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: Battery Maker Addionics Raises $39 Million

From: Mercom Capital Group Addionics, an Israel-based chemistry-agnostic battery technology company, raised $39 million in a Series B funding round. The round was co-led...

July 31, 2024

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Staff

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Finance and M&A

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Other
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EV Charging Aggregator ElectricPe Raises $ 3 Million from Green Frontier Capital

Electric Vehicle (EV) charging aggregator ElectricPe has raised funding of $3 million pre-series A Round from Green Frontier Capital, an early-stage venture capital fund....

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BluPine Energy Secures ₹2.39 Billion from Tata Capital

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...

July 30, 2024

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Staff

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Finance and M&A

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Solar
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Gruner Renewable Energy Secures 60 Million to Set Up CBG plants

Noida-based sustainable biogas solutions company Gruner Renewable Energy has secured funding of $60 million to establish new Compressed biogas (CBG) plants across the...

July 30, 2024

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Staff

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Biofuel

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Renewable Energy
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Corporate Funding for Energy Storage Surges to $15.4 Billion in 1H of 2024

Corporate funding for energy storage companies surged to $15.4 billion across 64 deals in the first half (1H) of 2024, reflecting a 117% increase from the $7.1 billion...

July 24, 2024

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Gautamee Hazarika

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Energy Storage

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Finance and M&A
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Funding and M&A Roundup: Peak Energy Secures $55 Million

Peak Energy, a sodium-ion battery manufacturer, secured $55 million in a Series A funding round led by Xora Innovation, Temasek’s Early-Stage deep-tech investing...

July 24, 2024

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Arjun Pradeep

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Finance and M&A

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Other
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Daily News Wrap-Up: MNRE Changes CFA Rate for Biomass Pellet Production

The Ministry of New and Renewable Energy has revised the Central Financial Assistance (CFA) rates for biomass pellet manufacturing units under the National Bioenergy...

July 19, 2024

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Mercom Staff

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Daily Wrap-up
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Ride-Hailing Firm MyPickup Secures ₹15 Million in Seed Funding

Electric vehicle (EV) ride-hailing startup MyPickup raised ₹15 million (~$179,293) in seed funding led by Inflection Point Ventures (IPV). MyPickup plans to use the...

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Brookfield Announces $200 Million Investment in Leap Green Energy

Canada-based Brookfield Asset Management has announced an equity investment in Leap Green Energy, a renewable energy company based in Tamil Nadu, India. The initial...

July 11, 2024

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Arjun Joshi

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Finance and M&A

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Renewable Energy
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MNRE Releases Guidelines for Funding Green Hydrogen Testing Facilities

The Ministry of New and Renewable Energy (MNRE) has issued guidelines to implement the program on funding testing facilities, infrastructure, and institutional support...

July 4, 2024

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Arjun Joshi

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Other

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Renewable Energy
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Funding and M&A Roundup: Battery Materials Company Sila Raises $375 Million

From: Mercom Capital Group Sila, a battery materials company, has secured $375 million in a Series G funding round led by Sutter Hill Ventures, an existing investor, and...

July 3, 2024

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Staff

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Finance and M&A

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Other
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KPI Green Secures ₹6.86 Billion Funding for 200 MW Solar Project

Renewable energy solutions provider KPI Green Energy has secured a credit facility of ₹6.86 billion (~$82.1 million) to develop a 200 MW solar photovoltaic power project...

June 28, 2024

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Gautamee Hazarika

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Markets & Policy

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Solar
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Battery Smart Secures $65 Million to Expand EV Battery Swapping Network

Battery Smart, a battery swapping network for electric two- and three-wheelers, has secured $65 million in a Series B funding round led by LeapFrog Investments. This...

June 20, 2024

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Gautamee Hazarika

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Energy Storage

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Market & Policy
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candi solar Secures $38 Million to Accelerate Portfolio Expansion

candi solar, a solar solutions provider for commercial and industrial (C&I) consumers, has secured $38 million in equity investment in its Series C funding round led...

June 11, 2024

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Arjun Joshi

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Finance and M&A

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Solar

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