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Month: May 2023

PSL secures $129 million financing for 178 MW of solar projects
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Varco Energy Acquires 100 MW Old Allen Road BESS

Project Finance Brief: Clearstone Energy Sells 107 MW BESS Project

  • May 31, 2023
  • Sohini Aich
  • Solar, Storage

Clearstone Energy, a solar and battery energy storage projects developer, announced the sale of two Battery Energy Storage System projects in Southern England to Foresight

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Macquarie to Acquire Stake in Developer D. E. Shaw Renewable Investments

Funding and M&A Roundup: SUSI Partners Buys Majority Stake in Encore Renewable Energy

  • May 31, 2023
  • Sohini Aich
  • Solar, Storage

SUSI Partners, a Swiss-based investment manager, through its flagship Energy Transition Fund (SETF), has acquired a controlling interest in U.S. clean energy developer Encore Renewable

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Macquarie to Acquire Stake in Developer D. E. Shaw Renewable Investments

Motor Oil Group Acquires a Majority Stake in Unagi SA

  • May 30, 2023
  • Sohini Aich
  • Solar

Motor Oil Group, an oil and gas company through its subsidiary Motor Oil Renewable Energy (MORE), acquired 75% of Unagi SA, which holds a 51%

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

PSL Secures $129 Million Financing for Solar Projects in Italy

  • May 30, 2023
  • Sohini Aich
  • Solar

Peridot Solar Limited (PSL), a developer, owner, and operator of solar and storage projects and a subsidiary of FitzWalter Capital Limited, secured €120 million (~$129

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Solar Q3 2025 Report

HEP Global Secures Financing for Oregon Community Solar Portfolio

  • May 29, 2023
  • Sohini Aich
  • Solar

HEP Group, a solar project developer and investment firm, announced the successful completion of debt and tax equity funding for the Oregon Community Solar Portfolio,

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Pulse Clean Energy Secures $215 Million for BESS Pipeline

  • May 29, 2023
  • Sohini Aich
  • Storage

Pulse Clean Energy, a UK-based energy storage project developer, secured a £175 million (~$215 million) credit facility with a syndicate of banks, including Santander, UK

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Solar Q3 2025 Report

SUSI Partners Acquires Majority Stake in Encore

  • May 26, 2023
  • Sohini Aich
  • Solar

SUSI Partners, a Swiss-based investment manager, through its flagship Energy Transition Fund (SETF), has acquired a controlling interest in U.S. clean energy developer Encore Renewable Energy,

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Varco Energy Acquires 100 MW Old Allen Road BESS

Clearstone Energy Sells 107 MW Battery Energy Storage Project in England

  • May 26, 2023
  • Sohini Aich
  • Storage

Clearstone Energy, a solar and battery energy storage projects developer, announced the sale of two Battery Energy Storage System (BESS) projects in Southern England to

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Jinko Solar to Sell Unit for $622 Million to Enhance Operational Efficiency

  • May 25, 2023
  • Sohini Aich
  • Solar

From: Mercom India Chinese solar cell and module manufacturer Jinko Solar has announced that its majority-owned subsidiary, Jiangxi Jinko, has entered into an agreement for

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Siemens to Acquire Mass-Tech’s Electric Vehicle Division for ₹380 Million

  • May 24, 2023
  • Sohini Aich
  • Storage

From: Mercom India Siemens, a German-based multinational conglomerate that is also involved in the transmission and generation of power, has signed an agreement to acquire

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