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Month: January 2023

MPower Acquires 5 MW Solar Project in Victoria
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ABB Acquires Power Electronics Business of Gamesa Electric

MPower Acquires 5 MW Solar Project in Victoria

  • January 31, 2023
  • Sohini Aich
  • Solar

MPower, an Australia-based renewable project developer, acquired a 5 MW shovel-ready solar project in the Aussie state of Victoria. The Faraday project will produce more

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Varco Energy Acquires 100 MW Old Allen Road BESS

Energy Storage Developer Aypa Power Secures $320 Million Credit Facility

  • January 31, 2023
  • Sohini Aich
  • Storage

Aypa Power, a developer, owner, and operator of energy storage and hybrid generation assets, has secured a corporate credit facility worth $320 million. The facility

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OYA Renewables Secures $216 Million Loan for Solar Projects

Residential Solar Installer Otovo Raises $130 Million in Funding

  • January 31, 2023
  • Sohini Aich
  • Solar

Otovo, a Norway-based residential solar installer, has raised €120 million (~$130.4 million) through a combination of debt and equity financing to support the construction of

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NorthStar Clean Energy Secures $334 Million Financing for Two Solar Projects

Norsk Solar Secures $10 Million Green Bond Financing for 18 MW Solar Project

  • January 31, 2023
  • Sohini Aich
  • Solar

Norsk Solar, an independent solar power producer, has secured a green bond of $10 million to finance its 18 MW solar power project in Brazil.

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OYA Renewables Secures $216 Million Loan for Solar Projects

Sonnedix Acquires 136 MW Solar Project Portfolio in Spain

  • January 31, 2023
  • Staff
  • Solar

Sonnedix, an independent power producer, has acquired a 136 MW solar project in Spain from Qualitas Energy, an investment firm focused on renewable energy, energy

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Econergy Secures $47 Million for 87 MW Oradea Solar Project

EV Charging Software Provider AMPECO Raises $16 Million in Series A Funding

  • January 31, 2023
  • Staff
  • Smart Grid

AMPECO, a software platform for electric vehicle (EV) charging providers, raised a total of $16 million in venture capital investment after closing a Series A

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WEC Acquires 80% Stake in 250 MW Solar Project in Texas

CEE Group Acquires 82 MW of Solar Projects from Chint Solar

  • January 31, 2023
  • Arjun Pradeep
  • Solar

CEE Group, a German-based asset manager, has acquired an 81.9 MW solar photovoltaic portfolio comprising six solar parks in the Netherlands from solar project developer

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Hecate Energy Secures $550 Million to Support Renewables Expansion

  • January 25, 2023
  • Staff
  • Solar

From: Mercom India U.S.-based Hecate Energy, a developer of renewable projects and provider of energy storage solutions, closed a five-year $550 million credit facility package,

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Funding and M&A Roundup: SunRoof Raises $30.8 Million to Fund Expansion Plans

  • January 25, 2023
  • Arjun Pradeep
  • Solar, Storage

SunRoof, a Sweden-based rooftop solar systems provider, announced a €13.5 million (~$14.6 million) extension with a new investment taking its total growth funding round to

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Project Finance Brief: Sol Systems Acquires 190 MW Solar Project in Texas

Project Finance Brief: Sol Systems Acquires 190 MW Solar Project in Texas

  • January 25, 2023
  • Staff
  • Solar, Storage

Sol Systems, a solar finance and development company, acquired a 190 MW solar development project in Uvalde County, Texas, from ABEI Energy, an independent power

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