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Month: April 2023

Renewable Connections in partnership with European Energy UK, developed the projects
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Project Finance Brief Enerparc Sells 193 MW Solar Portfolio in Australia

EVC Energy Acquires Solar and Battery Storage Projects in Scotland

  • April 21, 2023
  • Sohini Aich
  • Solar

Renewable Connections, a solar and battery storage project developer, and its partner European Energy UK announced the sale of two “shovel-ready” solar and battery storage

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Doral Renewables Secures $525 Million in Letter of Credit Financing

Lithium Extraction Company Novalith Technologies Raises $15.7 Million in Series A Funding

  • April 21, 2023
  • Arjun Pradeep
  • Storage

Novalith Technologies, a lithium extraction and refining company, has secured AU$23 million (~$15.7 million) in Series A funding. Lower carbon Capital led the round with participation

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Eclipse Raises $23 Million to Expand Battery Storage Platform in Europe

Battery Material Startup E-magy Raises $16 Million in Series A Funding

  • April 21, 2023
  • Arjun Pradeep
  • Storage

E-magy, a Netherlands-based cleantech startup that develops a novel silicon material for lithium-ion batteries, raised €15 million (~$16 million) in a Series A funding round.

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Funding and M&A Roundup: EnergyX Receives $50 Million to Boost Lithium Supply

  • April 19, 2023
  • Arjun Pradeep
  • Solar, Storage

General Motors (GM) said its venture capital arm GM Ventures, would lead a $50 million Series B financing round for EnergyX, a Texas-based startup developing a

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Qualitas Energy Acquires 376 MW Solar Project Portfolio in Poland

Project Finance Brief: Lightsource bp Closes $327 Million Financing for a Solar Project

  • April 19, 2023
  • Sohini Aich
  • Solar

Lightsource bp, a solar project developer, closed a $327 million financing package and mobilized construction finance for the 313 MW Driver Solar project in Mississippi

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Myenergi Raises $34 Million in Funding to Develop Smart Home Energy Products

  • April 18, 2023
  • Arjun Pradeep
  • Smart Grid

Myenergi, a manufacturer of eco-smart home technology in the UK, has secured a £30 million (~$34 million) funding package from HSBC UK to support its

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Biomaterial Battery Startup Allotrope Energy Raises $6.7 Million in Funding

Biomaterial Battery Startup Allotrope Energy Raises $6.7 Million in Funding

  • April 18, 2023
  • Arjun Pradeep
  • Finance and M&A

Allotrope Energy, a startup developing ultra-fast charging batteries, announced that it had received $6.7 million in funding from Suzano Ventures, the corporate venture capital fund

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EV Charging Software Startup ChargeLab Raises $15 Million in Series A Funding

  • April 18, 2023
  • Arjun Pradeep
  • Smart Grid

ChargeLab, an electric vehicle (EV) charging software provider, has raised an additional $15 million in funding, bringing its total Series A round to $30 million. The

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Project Finance Brief: Prime Infra Secures $4.6B for Pumped Hydro Projects

Greenwood Sustainable Infrastructure Acquires 1.4 GW Solar and Energy Storage Projects Portfolio from Saturn Power

  • April 18, 2023
  • Arjun Pradeep
  • Storage

Greenwood Sustainable Infrastructure (GSI), the North American renewable energy subsidiary of Libra Group, has announced the strategic acquisition of solar and battery development portfolios of

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Stardust Power Secures $15 Million Debt Financing

Corporate Funding for Energy Storage Companies Totaled $2.2 Billion in Q1 2023

  • April 17, 2023
  • Arjun Pradeep
  • Smart Grid, Storage

Mercom Capital Group, a global clean energy communications and consulting firm, released its report on funding and mergers & acquisition (M&A) activity for the Energy

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