In Short : Apraava Energy has secured ₹801 crore in funding from British International Investment and Standard Chartered to accelerate its nationwide smart meter deployment. The investment supports India’s digital grid transformation, enabling advanced metering, reduced losses, and improved billing efficiency. The financing strengthens Apraava’s role in modernizing distribution networks and scaling smart infrastructure across […]
In Short : KPI Green Energy has won a ₹489 crore order to develop a 110 MW floating solar project in Gujarat. The project highlights India’s growing adoption of innovative renewable solutions and positions floating solar as a key technology for optimizing water bodies for clean energy generation. KPI aims to enhance sustainable power capacity […]
In Short : ACME Solar’s subsidiary has received ₹47.4 crore in compensation from the Rajasthan Electricity Regulatory Commission under the change-in-law mechanism. The payment offsets increased costs resulting from policy and regulatory changes that affected its solar project. This ruling provides financial relief to the developer, ensuring project viability and supporting uninterrupted renewable-energy generation amid […]
In Short : Andhra Pradesh has attracted ₹5.2 lakh crore worth of investment commitments in the energy sector within two days, Energy Minister G. Ravi Kumar announced. The pledges cover renewable power, green hydrogen, pumped storage and grid infrastructure. The surge reflects strong investor confidence in the state’s policies and its rapidly growing potential as […]
In Short : Saatvik Green Energy raised ₹269.4 crore from anchor investors ahead of its ₹900 crore IPO, including prominent institutions like HDFC Mutual Fund and SBI General Insurance. The IPO, open from September 19–23, 2025, aims to fund debt repayment and expand its solar PV module manufacturing capacity, including a 4 GW plant in […]
In Short : KPI Green Energy will raise ₹3,200 crore from the State Bank of India to accelerate its renewable energy expansion, top executives confirmed. The funds will be invested in solar and hybrid projects, boosting the company’s clean energy portfolio. This financing supports India’s renewable energy transition while strengthening KPI Green’s role in advancing […]
In Short : ACME Solar has secured ₹3,892 crore in funding for its 400 MW Firm and Dispatchable Renewable Energy (FDRE) project. The initiative will combine solar generation with advanced energy storage to provide round-the-clock renewable power, enhancing grid reliability. The project supports India’s renewable energy targets, demonstrates the commercial viability of dispatchable clean energy, […]
In Short : ACME Solar has ordered 2 GWh of battery storage from China’s Lishen, facilitated by POSCO International. The deal marks a major step toward boosting India’s energy storage capacity, crucial for stabilizing the grid and supporting large-scale renewable integration. This initiative strengthens ACME Solar’s clean energy portfolio and advances India’s transition to sustainable, […]
In Short : GK Energy has secured ₹100 crore in a pre-IPO funding round, boosting its expansion plans in the renewable energy sector. The funds will be utilized to scale up projects, strengthen infrastructure, and enhance clean energy capacities. The successful round reflects investor confidence in GK Energy’s growth potential and its commitment to driving […]
In Short : Offgrid Energy Labs has raised $15 million in a Series A funding round. The investment will accelerate production of its innovative zinc-based batteries, providing a sustainable and safer alternative to lithium-ion for grid and industrial storage. This advancement is poised to significantly bolster India’s renewable energy infrastructure and support its ambitious climate […]