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Month: November 2023

Pacific Green acquires 51% stake in 500 MW energy storage portfolio
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Project Finance Brief: Aypa Power Secures $1.5 Billion for Energy Storage Projects

Project Finance Brief: Leeward Secures $580 Million for Solar and Wind Projects

  • November 22, 2023
  • Staff
  • Solar, Storage

Leeward Renewable Energy, a solar, wind, and energy storage project developer, closed $580 million of tax equity commitments and debt facilities for its White Wing

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Funding and M&A Roundup: Exergy3 Raises $13.5M in Seed Funding

Funding and M&A Roundup: Element Energy Secures $111 Million

  • November 22, 2023
  • Staff
  • Solar, Storage

Element Energy, a battery management technology company, closed $111 million in funding comprising a $73 million Series B equity investment and a $38 million debt

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

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

  • November 21, 2023
  • Arjun Pradeep
  • Solar

TSUN, a provider of solar microinverters, and energy storage solutions, raised over RMB150 million (~$21 million) in Series B funding led by IDG Capital, marking

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Mortenson Acquires Energy Management Controls Firm Nor-Cal Controls

DIF Capital Acquires 50% Stake in Solar Company Novar from ib vogt

  • November 21, 2023
  • Arjun Pradeep
  • Solar

DIF Capital, an independent infrastructure equity fund manager, has acquired a 50% stake in the ground-mounted solar solutions provider Novar from ib vogt for an

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AIP Management to Acquire 49% Stake in Battery Storage Portfolio

Pacific Green Acquires 51% Stake in 500 MW Energy Storage Portfolio

  • November 21, 2023
  • Staff
  • Storage

Pacific Green, an energy storage project developer, through its wholly-owned subsidiary, Pacific Green Battery Energy Park (Italia), acquired a 51% stake in five projects totaling

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Solar Solutions Provider Allume Energy Secures $4.6 Million in Funding

Battery Manufacturer Northvolt Raises $150 Million

  • November 21, 2023
  • Staff
  • Storage

Northvolt, a Sweden-based manufacturer of lithium-ion batteries, received around CAD 200 million (~$150 million) from CDPQ. The funding is in the form of a convertible debt, which will

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Low Carbon Closes Over $684 Million in Debt Financing

Leeward Renewable Energy Secures $580 Million Financing for Solar and Wind Projects

  • November 20, 2023
  • Staff
  • Solar

Leeward Renewable Energy, a solar, wind, and energy storage project developer, closed $580 million of tax equity commitments and debt facilities for its White Wing

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METLEN Sells 283 MW Solar Portfolio in the UK

Rubis Photosol Acquires 29 MW Solar Portfolio in Spain

  • November 20, 2023
  • Staff
  • Solar

Rubis Photosol, an independent French energy operator, acquired a 29 MW solar portfolio in Spain from the European Solar Energy Development JV, a collaborative venture

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Sonocharge Energy Secures $23.5 Million in Funding

Battery Management Company Element Energy Secures $111 Million

  • November 20, 2023
  • Staff
  • Storage

Element Energy, a battery management technology company, closed $111 million in funding comprising a $73 million Series B equity investment and a $38 million debt

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European Energy Secures Over $80 Million Financing for Solar Projects

Foresight Solar Sells 50% Stake in Solar Projects Portfolio in Spain

  • November 20, 2023
  • Staff
  • Solar

Foresight Solar, a sustainability-focused fund investing in solar and battery storage assets, sold a 50% stake in Spain’s 99 MW Lorca solar portfolio. A Luxembourg-based

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