Mercom Research Focus

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Mercom Research Focus

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9M and Q3 2024 Solar Funding and M&A Report


Sunairio Raises $6.4 Million in an Oversubscribed Funding Round

Sunairio Raises $6.4 Million in an Oversubscribed Funding Round

Sunairio, a developer of a weather intelligence platform for renewable energy prediction, announced the closing of an oversubscribed $6.4 million funding round. This brings the total funding raised by the company ...
/ Smart Grid
Econergy Secures $40 Million Financing for 92 MW Solar Project in Romania

Econergy Secures $40 Million Financing for 92 MW Solar Project in Romania

Econergy, an independent renewable energy power producer, announced the signing of a project financing agreement valued at approximately €38 million (~$39.61 million) with Raiffeisen Bank International AG (RBI), a Europe’s ...
/ Solar
Funding and M&A Roundup: Scale Microgrids Secures $150 Million

Enlight Secures $550 Million Financing for Solar Plus Storage Project

Enlight Renewable Energy, a renewable energy project developer, announced the closing of $550 million debt financing for the project Roadrunner, located in the Sulphur Springs Valley region near Tuscon, Arizona ...
/ Solar
Funding and M&A Roundup: EV Charging Platform JET Charge Receives $45 Million

Funding and M&A Roundup: EV Charging Platform JET Charge Receives $45 Million

JET Charge, an EV charging solutions provider, has secured A$72 million (~$45 million) in funding. The funding was led by Mirova, an affiliate of Natixis Investment Managers, through its Mirova ...
/ Smart Grid, Solar, Storage
project finance brief

Project Finance Brief: Recurrent Energy Secures Financing for 171 MW Solar Project

Recurrent Energy, a solar and energy storage project developer and a wholly owned subsidiary of Canadian Solar, announced the financial closure of the Carwarp Energy Park in Australia. Westpac Banking ...
/ Solar, Storage