Mercom Research Focus

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Mercom Research Focus

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Q1 2024 FUNDING AND M&A REPORT


Polymer Battery Maker LiNova Energy Raises $15.8 Million in Series A Funding

Polymer Battery Maker LiNova Energy Raises $15.8 Million in Series A Funding

LiNova Energy, a developer of polymer cathode-based batteries, raised $15.8 million in a Series A funding round led by Catalus Capital. Saft, a subsidiary of Total Energies, Chevron Technology Ventures, ...
/ Storage
Dynamic Sun Energy Secures Funding for 100 MW Solar Project in Bangladesh

Dynamic Sun Energy Secures Funding for 100 MW Solar Project in Bangladesh

Dynamic Sun Energy Private Limited, a unit of Paramount Textile, secured a financial package to build and operate a 100 MW grid-connected solar power project in Pabna, Bangladesh. The Asian ...
/ Solar
energyRe Secures Funding for Solar and Storage Project in South Carolina

energyRe Secures Funding for Solar and Storage Project in South Carolina

energyRe, an independent solar, wind, and energy storage project developer, secured $155 million in project financing and an $85 million tax equity commitment for a 108 MW Lone Star solar ...
/ Solar
Project Finance Brief: Enfinity Secures $195 Million for 70 MW Solar Project

Project Finance Brief: Enfinity Secures $195 Million for 70 MW Solar Project

Enfinity Global, a renewable energy project developer, secured $195 million in long-term project financing for a 70 MW solar project in Japan. Nomura Securities International, a financial institution, acted as ...
/ Smart Grid, Solar, Storage
Funding and M&A Roundup: Pine Gate Renewables Secures $650 Million

Funding and M&A Roundup: Pine Gate Renewables Secures $650 Million

Pine Gate Renewables, a solar project developer, secured a $650 million investment from Generate Capital, the Healthcare of Ontario Pension Plan, and HESTA. The transaction extends Generate Capital’s existing partnership ...
/ Smart Grid, Solar, Storage