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Month: July 2023

The new funding will enable Peaxy to accelerate the development and deployment of its flagship product, Peaxy Lifecycle Intelligence (PLI)
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NEU-Battery-Materials-Raises-3.7-Million-in-Seed-Funding

Peaxy Raises $12 Million to Boost Battery Lifecycle Analytics Platform

  • July 18, 2023
  • Sohini Aich
  • Solar

Peaxy, a cloud software company specializing in battery lifecycle analytics, has secured $12 million in a Series B2 funding round to transform battery lifecycle analytics

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SOLV Energy Secures $589 Million Through Initial Public Offering

MaxSolar Secures $460 Million Financing Facility for 2 GW Solar + Storage Projects

  • July 18, 2023
  • Sohini Aich
  • Solar

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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OCI Energy Sells 120 MW Solar Project to Sabanci Renewables

Heelstone Renewable Energy Secures Funding for 320 MW Solar Project in Georgia

  • July 17, 2023
  • Sohini Aich
  • Solar

Heelstone Renewable Energy, an independent power producer and solar project developer, announced the successful closure of a tax equity investment for four solar projects totaling

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Nautilus Solar Acquires 11 MW Community Solar Project Portfolio in Illinois

Hive Energy Sells 200 MW Ready to Build Solar Projects in Italy

  • July 14, 2023
  • Sohini Aich
  • Solar

Hive Energy, a solar project developer, has signed an agreement with GreenIT, the joint venture between Plenitude and CDP Equity, to sell four solar projects

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Total Corporate Funding for Solar Sector Up Over 50%, Totaling $18.5 Billion in 1H 2023

  • July 13, 2023
  • Sohini Aich
  • Solar

Total corporate funding, including venture capital (VC) funding, public market, and debt financing, in 1H 2023 totaled $18.5 billion, 54% higher year-over-year (YoY) compared to

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OCI Energy Sells 120 MW Solar Project to Sabanci Renewables

Project Finance Brief: Grenergy Raises $148 Million to Fund Solar Projects in Chile

  • July 12, 2023
  • Arjun Pradeep
  • Solar, Storage

Grenergy, a solar, wind, and storage independent power producer, secured $148 million in green financing for the Gran Teno and Tamango solar power projects located

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SOLV Energy Secures $589 Million Through Initial Public Offering

Funding and M&A Roundup: EV Charging Solutions Provider EVOS Raises $5 Million

  • July 12, 2023
  • Arjun Pradeep
  • Solar, Storage

EVOS, an electric vehicle (EV) charging solutions provider, secured $5 million from its existing investors. The investment will enable the company to bring to market

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Go Eve Raises $3.9 Million for its EV Charging Technology

  • July 11, 2023
  • Sohini Aich
  • Storage

Go Eve, an EV charging solutions provider, secured £3 million (~$3.9 million) in its first funding round, valuing the business at £12.6 million (~$16.2 million).

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Qualitas Energy Secures $61 Million for 117 MW Solar Portfolio in Poland

CEE Group Acquires 103.5 MW Solar Project in the Netherlands

  • July 11, 2023
  • Arjun Pradeep
  • Storage

CEE Group, a Germany-based asset manager, acquired a 103.5 MW ground-mounted solar project in the province of Groningen, the Netherlands, from Ecorus Group, a solar

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

First Solar Secures $1 Billion Revolving Credit and Guarantee Facility

  • July 11, 2023
  • Arjun Pradeep
  • Solar

From: Mercom India U.S.-based solar modules manufacturer First Solar has secured a five-year revolving credit and guarantee facility worth $1 billion. The facility includes up

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