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
Battery Material Startup Atlas Materials Raises $27 Million
Atlas Materials, a producer of battery-grade nickel, raised $27 million in a Series A funding round supported by climate technology investors, including the Grantham Environmental Trust
Battery Company Group14 Technologies Secures $34.3 Million Funding
Group14 Technologies, a manufacturer of silicon battery storage technology for lithium-ion batteries, secured $34.3 million from ShawKwei & Partners, an Asian private equity investor. Group14
EV Charging Solutions Provider FLO Secures $44.5 Million Credit Facility
FLO, a EV charging solutions provider, secured a C$60 million (~$44.5 million) revolving credit facility from the National Bank of Canada via its Technology and Innovation Banking Group,
Enea Acquires 35 MW Solar Project in Poland
Enea, a renewable energy company, acquired the 35 MW Genowefa solar project from PAD RES, a joint venture between Kajima Europe and Griffin Capital Partners
Southern Power Acquires 150 MW South Cheyenne Solar Project
Southern Power, a subsidiary of Southern Company, an electric utility, acquired 150 MW of South Cheyenne Solar Project from Qcells USA. The project is currently
AMEA Power Reaches Financial Close on 120 MW Solar Project
AMEA Power, a renewable energy company, achieved financial closure on its 120 MW solar project in Tunisia. When commissioned, the $86 million project will be
Funding and M&A Roundup: Morrow Batteries Raises ~$74 Million in Funding
Morrow Batteries, a Norwegian battery manufacturer, announced that it is raising up to EUR 70 million (~$74 million) in new capital from its existing shareholders.
Project Finance Brief: Recurrent Secures Financing for 100 MW 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
Morrow Batteries Raises Up to $74 Million in Funding
Morrow Batteries, a Norwegian battery cells manufacturer, announced that it is raising up to €70 million (~$74.09 million) through a private placement. The funding will
Energy Data Startup Openvolt Raises $1.6 Million in Pre-Seed Funding
Openvolt, a provider of software solutions for energy data, secured €1.5 million (~$1.6 million) in a pre-seed round led by Berlin-based early-stage investor Cavalry Ventures,