Corporate Funding into Energy Storage, Smart Grid, and Efficiency Companies Increase with $17 Billion in 1H 2022
Total corporate funding (including venture capital funding, public market, and debt financing) for Energy Storage, Smart Grid, and Efficiency companies in 1H 2022 was up
Crain Communications, Inc. Acquires Mercom Capital Group’s Digital Health Business, Expanding Data and Research Platform
Crain Communications, parent company of Modern Healthcare, is pleased to announce the acquisition of Mercom Capital Group’s Digital Health Business, a leading source of digital
Project Solar Raises $23 Million Series A Funding
Project Solar, a solar e-commerce firm, raised $23 million in Series A financing to help scale its business in additional markets. The funding round was
EDB Provides $37 Million Construction Finance for 65 MW of Solar Projects in Armenia
The Eurasian Development Bank (EDB), an investment firm, provided $37 million in financing for the construction of 11 solar power projects with a total capacity
Nexeon Raises $200 Million to Fund Battery Materials Manufacturing
Nexeon, a battery materials developer and manufacturer, has completed the second close of its fundraising resulting in a total investment of $170 million. Additionally, a
ArcLight Acquires 80 MWh Battery Storage Projects in Pennsylvania and West Virginia
ArcLight Capital Partners, a private equity firm focused on energy, infrastructure, and energy transition, announced that their affiliate, Sequitur Renewables, has agreed with affiliates of GlidePath Power
Li Industries Raises $7 Million in Series A Funding
Li Industries, a developer of lithium-ion battery recycling technologies, announced the closing of a Series A funding round of $7 million. Khosla Ventures led the
Terabase Energy Raises $44 Million Series B Funding
Terabase Energy, a solar technology company, raised $44 million in series B financing co-led by Breakthrough Energy Ventures and Prelude Ventures, SJF Ventures, and other
Broad Reach Power Closes $160 Million for 18 Energy Storage Projects
Broad Reach Power, a utility-scale battery storage platform, closed a $160 million project financing for 17 operating battery energy storage systems in Texas and one
Eos Energy Enterprises Secures $85 Million in Growth Funding
Eos Energy announced it had closed an $85 million senior secured term loan facility with Atlas Credit Partners (ACP). Eos provides energy storage solutions to
Quercus Secures $33 Million for Solar Project Development in Southern Europe
Quercus Real Assets Limited, a renewable energy specialist focused on energy transition investments, has raised €33 million (~$33.5 million) for its maiden PV development portfolio.
Electric Vehicle Manufacturer Nikola Acquires Romeo Power
Nikola Corporation, a manufacturer of heavy-duty commercial battery-electric vehicles, fuel-cell electric vehicles, and energy solutions, and Romeo Power, an energy storage technology company, announced they have