Venture Capital Funding in Energy Storage Increases 59% Year-over-Year, with a Record $9.2 Billion in 2023
Energy Storage Venture capital (VC/PE) funding in Energy Storage in 2023 was the highest ever recorded, increasing 59% year-over-year (YoY), with $9.2 billion in 86
Solar Companies Raise $34.3 Billion in Corporate Funding in 2023, the Largest Amount in a Decade
Total corporate funding, including venture capital (VC) funding, public market, and debt financing into the solar sector, increased 42% year-over-year (YoY) in 2023, with $34.3
TotalEnergies, Adani Green Energy, and Brookfield Renewable Partners Emerge as Top Large-Scale Solar Developers
Mercom Capital Group (Mercom), a clean energy communications and research firm, has released its annual global report announcing the ten leading global large-scale solar PV
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
Why You Shouldn’t Be “Excited” On Your Next Press Release or Media Statement
The big day is almost here and you’re preparing to announce your latest funding or product launch. Before you start penning that overly enthusiastic quote,
Solar Sector Sees $8.1 Billion in Corporate Funding in Q1 2024
Total corporate funding into the solar sector in Q1 2024 came to $8.1 billion in 41 deals, a 4% decline year-over-year (YoY) compared to the
Funding and M&A Roundup: Nexamp Secures $520 Million
Nexamp, a developer of solar and storage projects, secured $520 million in a funding round led by Manulife Investment Management, alongside existing investors Diamond Generating
Project Finance Brief: Arevon Secures $352 Million for Posey Solar Project
Arevon Energy, a solar and storage project developer, has secured $352 million in financing for the construction and development of 228 MW of the Posey
GridBeyond Raises $55 Million in Series C Funding
GridBeyond, an energy and smart grid platform for distributed energy resource management, has closed €52 million (~$55 million) in Series C funding led by Alantra’s
CREC Secures Financing for Solar Projects in the Philippines
Citicore Renewable Energy Corporation (CREC), a renewable energy developer, secured a PhP9 billion (~$159 million) financing for multiple solar projects with a total installed generating
Arcadia Secures $50 Million Financing
Arcadia, a utility data and community solar company, secured $50 million in financing to support the growth of its community solar program. The funding will
Solar and Storage Developer Nexamp Secures $520 Million
Nexamp, a developer of solar and storage projects, secured $520 million in a funding round led by Manulife Investment Management, alongside existing investors Diamond Generating
PNE Sells 240 MW Solar Project in South Africa
PNE, a Germany-based renewable energy project developer, sold a 240 MW solar project to the South African energy company NOA Group. The Khauta Project will
DWS Acquires 147 MW Solar Project Portfolio in Spain
DWS, a German asset management company, has finalized an agreement to acquire a 147 MW solar project portfolio in Spain. The projects are acquired from
esVolta Secures $185 Million Senior Secured Credit Facility
esVolta, a large-scale energy storage project developer, has closed a $185 million senior secured credit facility. The credit facility will provide additional development capital to
Luxcara Secures Financial Close for 315.7 MW Solar Portfolio
Luxcara, a clean energy infrastructure asset manager, along with Munich-based bank, Bayerische Landesbank has secured financial close for solar PV portfolio projects with a total