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Month: July 2023

The company has raised a total of $61 million in Series B Funding
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SMT Energy Secures Funding for 160 MW/320 MWh Energy Storage Project

Long-duration Energy Storage Solutions Provider Energy Dome Gets $16.7 Million

  • July 24, 2023
  • Arjun Pradeep
  • Storage

Energy Dome, a provider of long-duration energy storage solutions, has closed the second tranche of its Series B funding round with €15 million (~$16.7 million),

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EV Charging Firm Erapid Raises $32 Million to Expand Charging Network in Ireland

Energy Storage Developer NineDot Energy Raised $25 Million

  • July 24, 2023
  • Arjun Pradeep
  • Storage

NineDot Energy, a developer of community-scale clean energy projects, closed a $25 million revolving credit debt facility provided by NY Green Bank, a division of the New

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Funding and M&A Roundup: CleanPeak Energy Raises $328 Million

Terabase Raises $25 Million to Accelerate its Solutions for Solar Power Plants

  • July 21, 2023
  • Arjun Pradeep
  • Solar

Terabase Energy, a digital solutions provider for solar power plants, received $25 million in a new financing round led by Fifth Wall, with participation from EDP Ventures and

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Solar Microinverter Firm TSUN Secures $21 Million in Series B Funding

Jupiter Power Secures $70 Million for 320 MWh Battery Storage Projects

  • July 20, 2023
  • Sohini Aich
  • Storage

Jupiter Power, an energy storage project developer, secured a $70.4 million construction and term loan financing facility for two standalone battery energy storage projects in

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Apex Energies Secures $367 Million Financing for Solar Project Portfolio

Funding and M&A Roundup: PVcase Raises $100 Million to Digitize Solar Project Design

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

PVcase, a solar project design software provider, has secured an investment of $100 million, bringing the company’s total funding to over $123 million. Highland Europe,

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Project Finance Brief: MaxSolar Secures $460 Million for 2 GW Solar Projects

  • July 19, 2023
  • Sohini Aich
  • Solar, Storage

Maxsolar, a German-based solar and storage project developer, secured €410 million (~$460 million) financing facility to install 2 GW of solar and co-located storage projects

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Greenflash Acquires 200 MW/400 MWh Battery Storage Project in Texas

Total Corporate Funding into Energy Storage Came in at $7.1 Billion in 1H 2023, Reports Mercom Capital Group

  • July 18, 2023
  • Arjun Pradeep
  • Smart Grid, Storage

Energy Storage Corporate funding in Energy Storage bounced back in Q2 2023 with $4.9 billion raised in 32 deals, a 126% increase quarter-over-quarter (QoQ). Funding

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Group14 Technologies Raises $463 Million in Series D Funding

PVcase Raises $100 Million to Digitize Solar Project Design Software

  • July 18, 2023
  • Sohini Aich
  • Solar

PVcase, a solar project design software provider, announced it had secured a joint investment of $100 million, bringing the company’s total funding to over $123

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Funding and M&A Roundup: energyRe Raises $1.2 Billion for Renewable Expansion

ROCSYS Raises $36 Million to Boost Autonomous Charging for EVs

  • July 18, 2023
  • Sohini Aich
  • Storage

ROCSYS, a provider of robotic solutions for electric vehicle (EV) charging, announced that it had raised $36 million in a Series A funding round led

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Ingka Investments Acquires 76.3 MW Solar Project Portfolio

Scatec Sells 52.5% Stake in Mozambique Solar Project

  • July 18, 2023
  • Sohini Aich
  • Solar

Scatec, a renewable energy solutions provider, signed an agreement with Globeleq, an independent power producer, to sell its 52.5% equity share in the 40 MW

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