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Month: February 2023

The financial terms of the transaction were not disclosed.
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Recharge Industries Acquires Bankrupt Battery Manufacturer Britishvolt

  • February 28
  • Sohini Aich
  • Storage

Australian battery manufacturer Recharge Industries, a portfolio company of Scale Facilitation, a New York-based investment firm, completed the acquisition of Britishvolt, a UK-based insolvent battery

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Organic Flow Battery Provider XL Batteries Raises $10 Million in Seed funding

  • February 28
  • Arjun Pradeep
  • Storage

XL Batteries, a provider of long-duration grid-scale energy storage solutions, raised $10 million in a Seed-2 round which Catalus Capital led, with additional investment from

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DIF Capital Partners Acquires 720 MW of Solar and Storage Projects in UK

  • February 27
  • Sohini Aich
  • Solar

DIF Capital Partners, a Dutch fund manager, and German solar PV developer ib vogt, have agreed to acquire a 100% interest in a 720-MW greenfield

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Biomaterial Battery Startup Allotrope Energy Raises $6.7 Million in Funding

Electra Vehicles Raises $21 Million in Funding

  • February 24
  • Arjun Pradeep
  • Storage

Electra Vehicles – a B2B AI software solutions provider to electric vehicles, electric fleets, and multiple battery-electric verticals to optimize the performance of electric vehicle

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CleanCapital Acquires a 35 MW Solar Projects Portfolio in New Jersey

  • February 24
  • Staff
  • Solar

U.S.-based clean energy investment platform CleanCapital acquired a portfolio of 34.5 MW operating solar projects in New Jersey. All the projects have been operational since 2019 and

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EO Charging Raises $80 Million in Equity Funding

  • February 23
  • Arjun Pradeep
  • Storage

EO Charging, a British electric vehicle charging solutions company, secured $80 million in equity funding from Vortex Energy and Zouk Capital. Founded in 2014, the

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Funding and M&A Roundup: NanoGraf Raises $65 Million for Battery Technology

  • February 22
  • Arjun Pradeep
  • Solar, Storage

NanoGraf, a battery materials company with patented silicon-anode technology, has raised $65 million in a Series B funding round. The funding round was co-led by

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Cubico Sustainable Investments Acquires 1 GW Solar Project in Brazil

Project Finance Brief: SOWITEC Sells 570 MW Solar Projects in Mexico

  • February 22
  • Sohini Aich
  • Solar, Storage

SOWITEC, a German wind and solar energy project developer, has signed contracts to sell three solar development projects in Mexico with a total capacity of

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Grenergy Renovables Sells Three Solar Projects Totaling 32.5 MW in Chile

  • February 21
  • Sohini Aich
  • Solar

Grenergy Renovables, an independent power producer that designs, develops, and implements large-scale solar, wind, and storage projects, closed the sale of three solar distributed generation

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TransAlta Acquires 50% Stake in 320 MW Pumped Hydro Project in Canada

  • February 21
  • Sohini Aich
  • Storage

TransAlta Corporation, a Canadian electricity utility, agreed to acquire a 50% interest in an early-stage 320 MW pumped-hydro energy storage project – Tent Mountain Renewable

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