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Month: May 2022

Siemens Financial Services and ABB led the funding round
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Funding and M&A Roundup Enel Secures €600 Million from EIB for Clean Energy Expansion

Battery Manufacturer Morrow Batteries Raises $106 Million in Funding

  • May 24
  • Staff
  • Storage

Morrow Batteries, a Norwegian battery manufacturer, secured €100 million (~$106 million) in a funding round. Siemens Financial Services and ABB led the round with Nysnø Climate

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PowerX Raises $33 Million in Series A Funding

  • May 24
  • Staff
  • Storage

Tokyo-based PowerX, a provider of power transfer technologies, has signed a definitive agreement to raise $33 Million in the first half of the Series A

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Funding, Battery Storage, Solid-State, Toyota

Bluefield Solar Acquires 80 MW of Battery Storage Projects in the UK

  • May 24
  • Ranjitha S
  • Storage

Bluefield Solar, an income fund focused on acquiring and managing renewable energy and storage assets predominantly in the UK, acquired two 40 MW battery storage

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KGAL Acquires Majority Stake in Renewables Developer Baltex Progetti

  • May 23
  • Staff
  • Solar

KGAL – an alternative investment manager – has acquired a majority stake in Italian renewables developer Baltex Progetti through its fund KGAL ESPF 5. Baltex

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Online Solar Platform Zolar Raises $106 Million in Series C Funding

  • May 23
  • Staff
  • Solar

Berlin-based startup Zolar, a platform that serves as an online configurator for the planning and purchasing a rooftop PV system, raised €100 million (~$105.76 million)

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Dragonfly Energy Goes Public Via SPAC Deal

  • May 20
  • Staff
  • Storage

Dragonfly Energy, a Lithium-Ion battery manufacturer, has entered into a definitive agreement for a business combination with Chardan NexTech Acquisition 2 Corp (CNTQ), a special

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ACCIONA Energía Secures $288 Million Financing for Aldoga Solar Project

Green Genius Secures $40 Million for Polish Solar Projects

  • May 20
  • Staff
  • Solar

Green Genius, a renewable energy company, secures PLN 175 million (~$39.5 million) debt financing from Sequoia Economic Infrastructure Income Fund Limited to construct 66 MW

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Mitie Group to Acquire Custom Solar for $16 Million

APG and OMERS Infrastructure to Acquire Groendus

  • May 19
  • Staff
  • Solar

Netherlands-based APG and OMERS Infrastructure, an investor and asset manager, signed an agreement to acquire Groendus from NPM Capital. Groendus is an energy transition platform

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Optivolt Raises $8 Million in Funding

  • May 19
  • Staff
  • Solar

Optivolt, a provider of solar technology that enables self-powered IoT devices, 5G infrastructure, military equipment, robotics, and EVs, has raised $8 million in a seed

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UtilityAPI Raises $10 Million in Series A Funding

UtilityAPI Raises $10 Million in Series A Funding

  • May 19
  • Ranjitha S
  • Storage

UtilityAPI, a utility data service provider, raised $10 million in a Series A funding round. Aligned Climate Capital led the funding round. The company plans

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