Total Corporate Funding for Solar Sector Up Over 50%, Totaling $18.5 Billion in 1H 2023
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
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
Southern Power Acquires 200 MW Solar Project in Texas
Southern Power, a subsidiary of Southern Company, an electric utility, acquired the 200 MW Millers Branch solar project from EDF Renewables. The solar facility is
Nautilus Solar Energy Closes $202 Million Institutional Debt Private Placement
Nautilus Solar Energy, a community solar project developer, completed the issuance of $202 million in senior secured notes to institutional investors in a private placement
DSD Acquires 15 MW Community Solar Portfolio in Minnesota
DSD Renewables (DSD), a provider of solar PV energy and energy storage solutions, acquired a community solar portfolio totaling 15 MW in Minnesota from New
Energy Storage Solutions Provider Yotta Energy Secures $8 Million Funding
Yotta Energy, a li-based energy storage solutions provider, secured $8 million in a funding round led by Evergy Ventures and with participation from strategic investors BlueScope
Recurrent Energy Secures Financing for 134 MW Liberty Solar Project
Recurrent Energy, a wholly-owned subsidiary of Canadian Solar and a utility-scale solar and energy storage project developer, closed project financing for its 134 MW (100
SmartHelio Named Start-Up of the Year at RE+ Start-Up Live Competition Sponsored by Mercom Capital Group
Mercom Capital Group (Mercom), a global clean energy research and communications firm headquartered in Austin, Texas, announced that solar software developer SmartHelio has been named
Funding and M&A Roundup: Verkor Raises $1.5 Billion to Develop Battery Gigafactory
Verkor, a manufacturer of lithium-based battery cells and modules, secured €1.45 billion (~$1.54 billion) with a mix of equity and debt funding to build its
Project Finance Brief: Samsung Sells 3 GW Solar and Energy Storage Projects
Samsung C&T Renewables, a renewable energy development and investment company and the renewable energy corporation of South Korea’s Samsung C&T in the U.S., signed a
IGNIS Secures $357 Million Financing for Solar Projects in Spain
IGNIS, a vertically integrated renewable energy company, closed on debt financing amounting to €335 million (~$357.47 million) for developing solar projects in Spain. The loan
Dreamfly Innovations Raises $300,000 for Graphene Battery Development
From: Mercom India Bengaluru-based battery technology startup Dreamfly Innovations has secured $300,000 in funding through a round led by Rebalance Angel Community, with participation from
Samsung C&T Renewables Sells 3 GW Solar and Energy Storage Projects
Samsung C&T Renewables, a renewable energy development and investment company and the renewable energy corporation of South Korea’s Samsung C&T in the U.S., signed a
Verkor Raises $1.5 Billion to Develop Battery Gigafactory
Verkor, a manufacturer of lithium-based battery cells and modules, secured €1.45 billion (~$1.54 billion) with a mix of equity and debt funding to build its