
Total Corporate Funding for Solar Sector Up Over 50%, Totaling $18.5 Billion in 1H 2023
- July 13
- Sohini Aich
- Solar
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
- October 15
- Staff
- Digital Health News
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
- October 03
- Sohini Aich
- Storage
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
- September 29
- Dibin DB
- Smart Grid
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
- September 27
- Arjun Pradeep
- Solar, Storage
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
- September 27
- Sohini Aich
- Solar, Storage
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
- September 26
- Sohini Aich
- Storage
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,