Funding and M&A Roundup: Israeli Battery Technology Company Addionics Raises $27 Million
Addionics, a chemistry-agnostic battery technology company, has raised $27 million in a Series A funding round to scale up its efforts to redesign battery architecture
Lightsource bp Closes $533 Million Financing for 345 MW Solar Project in Louisiana
Lightsource bp, a solar project developer, has closed a $533 million multi-project financing package and started the construction on its 345 MW Ventress Solar project
Cordelio Power Acquires 900 MW of Solar Projects from SunEast Renewables
Cordelio Power, a renewable power producer, acquired a 900 MW pipeline of utility-scale solar projects from SunEast Renewables, a solar project developer. The projects are
Corporate Funding for Battery Storage Companies Increases 159% with $17 Billion in 2021
Total corporate funding (including venture capital funding, public market, and debt financing) for the battery storage, smart grid, and energy efficiency sectors in 2021 was
8minute Solar Energy Closes $400 Million in Financing
Solar developer 8minute Solar Energy has closed $400 million in financing from institutional investor EIG. The financing includes a portion of growth equity and a
Factorial Energy Raises $200 Million To Commercialize its Solid-state Batteries
Factorial Energy, a developer of solid-state batteries, raised $200 million as part of a Series D round of funding led by Mercedes-Benz (DAI) and Stellantis