SUBSCRIBE NEWS LETTER

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US Bitcoin Miner Sangha Launches 19.9 MW Solar Project, Raises $14M

US-based Sangha Renewables, a renewable energy generation firm focused on bitcoin mining and institutional-grade project finance, has announced the groundbreaking of its 19.9-megawatt (MW) mining facility in West Texas. This project is developed in partnership with an independent power producer (IPP). the facility will operate behind the meter on an established large-scale solar energy site […]

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Distributed Solar Startup Aerem Raises Rs 100 Crores

Aerem, a solar platform dedicated to simplifying solar adoption for businesses and households, has announced that it has secured ₹100 crore in Series A round led by UTEC (University of Tokyo Edge Capital Partners), the Japan-based $700 million venture firm.  The funds will drive the company’s expansion across India and enhance its solar financing and marketplace […]

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Ayana Renewable To Raise Rs 150 Cr From IL&FS Mutual Fund

Renewable energy company, Ayana Renewable is set to raise Rs 150 crore (approximately $17.4 million) in debt from IL&FS Mutual Fund. This funding comes just a month after the company signed a share purchase agreement with the ONGC-NTPC Joint Venture. The board at Ayana Renewable has passed a special resolution to issue 1,500 non-convertible debentures […]

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Amrut Energy Secures ₹100 Cr From Private Equity Investors

Amrut Energy Pvt Ltd, a leading manufacturer of solar water pumps and renewable energy solutions from Ahmedabad, has successfully raised ₹100 crores in funding from private equity investors. This investment will propel the company’s rapid growth, expand its manufacturing capabilities, drive research and development, and scale operations across underserved regions. The investment will expand manufacturing […]

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Gensol Engineering Announces Plan To Raise Rs 600cr

Gensol Engineering Limited, which has seen over half its market cap degrade over the past month today announced that its Board of Directors has approved fund-raising initiatives amounting to Rs 600 crore aimed at significantly enhancing its financial standing. The solar player has defaulted on debt payments, and faces a liquidity squeeze primarily due to […]

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Bhilwara Energy To Raise Rs 500cr To Boost Battery Technology

Singularity AMC, a growth equity firm backed by investor Madhusudan Kela and led by Yash Kela, along with its partners, has signed definitive agreements to invest up to INR 500 crore in Bhilwara Energy Limited (BEL). The investment will support BEL in creating an integrated energy transition platform, HEG Greentech1, focused on power assets, battery-grade […]

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Solarium Green IPO Launched- Company Seeks to Raise Rs 105 crore

Ahmedabad-based Solar EPC and O&M provider Solarium Green Energy has launched its IPO today. The IPO comprises a fresh issue of 54,99,600 Equity Shares of ₹ 10 each at a price band of Rs 181-191. Thus, at the upper end of the price band, the company is looking to raise Rs 105.04 crore.  The shares will […]

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SustVest Raises Rs 14 crores in Pre-Series A Round

Sustainable Investment Platform SustVest Raises $1.7 Million in Pre-Series A Round Led by Inflection Point Ventures and Antler SustVest claims to be India’s first regulated platform for sustainable investments, offering investments in renewable energy. It delivers 12-14% XIRR returns with monthly payouts while enabling C&I consumers to access zero-cost solar projects, reducing electricity costs by […]

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