Corporate Funding for Energy Storage Companies Totaled $17.6 Billion in 9M 2024
Energy Storage Corporate funding for Energy Storage companies in 9M 2024 reached $17.6 billion in 83 deals, a 15% increase year-over-year (YoY) compared to $15.2
Corporate Funding for Solar Sector Down 23% Year-over-Year with $22.3 Billion in 9M 2024
Total corporate funding, including venture capital (VC) funding, public market, and debt financing, in the first nine months (9M) of 2024 stood at $22.3 billion,
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
Project Developer Birch Creek Energy Closes $150 Million Credit Facility
Birch Creek Energy, a utility-scale solar and energy storage project developer, has secured a $150 million credit facility provided by KKR’s High-Grade Asset-Based Finance strategy via insurance accounts
S4 Energy Acquires LC Energy Grid Services
S4 Energy, a Dutch-based grid-scale energy storage developer, has acquired LC Energy Grid Service (LCEGS), a high-voltage battery storage platform and subsidiary of LC Energy. S4
Lightsource bp Secures Equity Financing for 288 MW Solar Portfolio
Lightsource bp, a solar project developer, secured a structured equity investment for a 288 MW utility-scale solar portfolio in Texas. HASI, an investor in climate
Avantus Sells 225 MW Catclaw Solar and Storage Project
Avantus, a solar and storage project developer, announced the sale of the Catclaw solar and storage project to D. E. Shaw Renewable Investments (DESRI). The
Primergy Secures $225 Million in Financing for Valley of Fire Portfolio
Primergy Solar, a developer of distributed and utility-scale solar and battery storage projects, announced closing $225 million in project financing for developing its Valley of
Jupiter Power Secures $225 Million in Corporate Credit Facility
Jupiter Power, a utility-scale energy storage project developer, secured a $225 million corporate credit facility that includes up to $175 million in letters of credit and $50 million in
Redoxblox Raises $30 Million in Series A Funding
Redoxblox, a thermochemical energy storage (TCES) company, raised an additional $30 million in Series A funding. The additional funding round was led by Prelude Ventures and
eSmart Systems Raises $32 Million Funding
eSmart Systems, an inspection and asset information management solutions provider for utilities, raised €30 million (~$32 million) in new capital funding, bringing its total to
Low Carbon Sells 6 GW of Battery Storage Projects in the Netherlands
Low Carbon, a renewable energy project developer, sold 6 GW of energy storage projects in the Netherlands. LC Energy, a joint venture between Low Carbon
Funding and M&A Roundup: Adden Energy Secures $15 Million in Series A Funding
Adden Energy, a solid-state battery developer for electric vehicles, secured $15 million in Series A funding. The funding round was led by At One Ventures