
Funding and M&A Roundup: Suniva Raises $835 Million
Suniva, a manufacturer of monocrystalline silicon solar cells, has completed an $835 million capital raise comprising debt and equity financing to fund its second U.S.

Palisade Acquires 1.4 GW of Wind and Battery Storage Projects in Australia
From: Mercom India Palisade Investment Partners, an independent global infrastructure and real assets manager, has acquired 100% interests in two development-stage renewable energy projects in

Enel Completed Acquisition of 625 MW Solar Portfolio in the US
From: Mercom India Enel, a multinational power company, has completed the acquisition of a 625 MW solar portfolio in the United States from Excelsior Energy

Furo Raises $4 Million to Expand Battery Optimization Platform
From: Mercom India Furo, a software company that controls and optimizes commercial and industrial battery storage systems, has raised $4 million to expand its AI-driven

R3 Lithium Raises $15 Million in Series A Funding for Recycling Facility
From: Mercom India R3 Lithium, a company that recovers lithium carbonate from recycled battery materials, has raised $15 million in Series A funding and begun

Tavion Raises $58 Million for 69 MW Battery Storage Portfolio in Poland
From: Mercom India Tavion, a company that develops, owns, and operates large-scale battery storage projects across Europe, has raised €50 million (~$58 million) in new