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Month: August 2022

The company plans to use new funds to build a commercial battery sorting and recycling facility in the US
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Li Industries Raises $7 Million in Series A Funding

  • August 05
  • Arjun Pradeep
  • Storage

Li Industries, a developer of lithium-ion battery recycling technologies, announced the closing of a Series A funding round of $7 million. Khosla Ventures led the

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Terabase Energy Raises $44 Million Series B Funding

  • August 05
  • Staff
  • Solar

Terabase Energy, a solar technology company, raised $44 million in series B financing co-led by Breakthrough Energy Ventures and Prelude Ventures, SJF Ventures, and other

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Broad Reach Power Closes $160 Million for 18 Energy Storage Projects

  • August 05
  • Arjun Pradeep
  • Storage

Broad Reach Power, a utility-scale battery storage platform, closed a $160 million project financing for 17 operating battery energy storage systems in Texas and one

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Eos Energy Enterprises Secures $85 Million in Growth Funding

  • August 05
  • Staff
  • Storage

Eos Energy announced it had closed an $85 million senior secured term loan facility with Atlas Credit Partners (ACP). Eos provides energy storage solutions to

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Quercus Secures $33 Million for Solar Project Development in Southern Europe

  • August 05
  • Arjun Pradeep
  • Solar

Quercus Real Assets Limited, a renewable energy specialist focused on energy transition investments, has raised €33 million (~$33.5 million) for its maiden PV development portfolio.

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Electric Vehicle Manufacturer Nikola Acquires Romeo Power

  • August 05
  • Staff
  • Storage

Nikola Corporation, a manufacturer of heavy-duty commercial battery-electric vehicles, fuel-cell electric vehicles, and energy solutions, and Romeo Power, an energy storage technology company, announced they have

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Enfinity Global Raises $242 Million for 70 MW of Solar Projects in Japan

  • August 05
  • Staff
  • Solar

Enfinity Global, a renewable energy company, has secured $242 million (~$¥29 billion) in long-term financing for three solar projects in Japan totaling 70 MW. Nomura,

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Funding and M&A Roundup: PNE AG Acquires Majority Stake in Spanish Solar Developer

  • August 03
  • Sohini Aich
  • Solar, Storage

PNE AG, a German power-focused renewables company, has acquired 51% of the shares in Coliaenergia (KOLYA), a Spanish developer of large solar projects from Consultoria

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Project Finance Brief: Spearmint Energy Acquires 150 MW Battery Energy Storage Project

Project Finance Brief: Spearmint Energy Acquires 150 MW Battery Energy Storage Project

  • August 03
  • Staff
  • Solar, Storage

Spearmint Energy, a green merchant trading company developing, owning, operating, and trading around Battery Energy Storage, acquired the 150 MW Revolution battery energy storage project

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Sistema Rinnovabili and ING Bank Provide $32.8 Million for a 30 MW Solar Project in Italy

Cypress Creek Renewables Acquires 100 MW of Solar Asset

  • August 02
  • Staff
  • Solar

Cypress Creek Renewables, a project developer and an independent power producer, acquired a 100 MW solar transmission project from Carson Power, a solar and storage

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