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Month: November 2023

The investment from Cox will allow DSD to further its renewable energy solutions.
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Energy Storage Industries Raises $40 Million in Funding for Iron Flow Batteries

DSD Renewables Secures $250 Million from Cox Enterprises

  • November 20, 2023
  • Staff
  • Solar

DSD Renewables, a business backed by BlackRock Real Assets’ Global Renewable Power platform and GE Renewable Energy and a provider of customized solar PV energy

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CIP Sells 50% Stake in Coalburn 2 Battery Project to AIP Management

Project Finance Brief: Emeren Sells 3.8 GWh Battery Energy Storage Portfolio

  • November 15, 2023
  • Sohini Aich
  • Solar, Storage

Emeren, a solar project developer, owner, and operator, announced the sale of a 410 MW energy storage portfolio comprising five battery energy storage projects in

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Solar Financing Platform Stride Raises $15 Million in Series B Funding

Funding and M&A Roundup: Rooftop Solar Installer Otovo Raises $41 Million

  • November 15, 2023
  • Arjun Pradeep
  • Solar, Storage

Otovo, a Norway-based residential rooftop solar installer, has raised NOK450 million (~$41 million) in a funding round led by existing investors Å Energi, Axel Johnson

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Funding and M&A Roundup: Crux Secures $500 Million Debt Facility

Ilmatar Secures $536 Million Debt Financing

  • November 14, 2023
  • Sohini Aich
  • Solar

Ilmatar, an independent renewable energy power producer, secured a group-level debt financing package of €500 million (~$536 million) in a transaction led by Copenhagen Infrastructure

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Maxwell Power Secures $750 Million Investment from Fairtide Partners

Residential Solar Installer Otovo Raises $41 Million

  • November 14, 2023
  • Sohini Aich
  • Solar

Otovo, a Norway-based residential solar installer, raised NOK 450 million (~$41 million) capital raise led by existing investors Å Energi, Axel Johnson Group and Nysnø

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Project Finance Brief: Sunraycer Secures $901M for Solar and Storage Projects

Soltec Secures Project Financing for 5.6 MW Solar Project in Spain

  • November 14, 2023
  • Sohini Aich
  • Solar

Soltec, a single-axis solar tracker firm, secured €3.6 million (~$3.8 million) in project financing, to which €550,000 (~$590,000) from local communities will be added for

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Luxcara Acquires 125 MW Battery Energy Storage Project in Finland

Emeren Group Sells 410 MW Battery Energy Storage Portfolio

  • November 14, 2023
  • Staff
  • Storage

Emeren, a solar project developer, owner, and operator, announced the sale of a 410 MW energy storage portfolio comprising five Battery Energy Storage Systems (BESS)

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SolarAfrica Raises $94 Million for SunCentral 2 Solar Project

Aigen Secures $12 Million in Series A Funding

  • November 14, 2023
  • Staff
  • Solar

Aigen, a developer of solar-based agricultural robotic technology, secured $12 million in Series A funding from ReGen Ventures along with NEA, Cleveland Avenue, Incite, and

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Maxwell Power Secures $750 Million Investment from Fairtide Partners

Aypa Power Secures $550 Million Financing for Energy Storage Projects

  • November 13, 2023
  • Staff
  • Storage

Aypa Power, a Blackstone portfolio company that develops, owns, and operates utility-scale energy storage and hybrid renewable energy projects, secured $550 million in debt and

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AXIAN Energy Closes Financing for Solar+Storage Project in Senegal

Arevon Energy Secures $529 Million for Vikings Solar and Storage Project

  • November 13, 2023
  • Staff
  • Solar, Storage

Arevon Energy, a solar and storage project developer, closed the financing on the Vikings solar-plus-storage project with a combination of debt financing and tax credit

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