Inlyte Energy Secures $8 Million in Seed Funding
Inlyte Energy, a developer of batteries for grid-scale energy storage, secured $8 million in seed funding to develop the first generation of its grid batteries made with
Ingka Investments Acquires 300 MW of Solar Project in Romania
Ingka Investments, the investment arm of Ingka Group, acquired 300 MW of ready-to-build solar PV projects in Romania. The total investment in the solar PV
Enfinity Global Sells Minority Stake in 400 MW Solar Project Portfolio
Enfinity Global, a renewable energy company, has agreed to sell a minority stake in its 400 MW operating solar projects portfolio in the U.S. to
Organic Flow Battery Company CMBlu Energy Secures $105 Million Financing
- October 27
- Arjun Pradeep
- Storage
CMBlu Energy, an organic solid flow battery technology developer, secured €100 million (~$105 million) equity investment from globally operating technology and construction group STRABAG SE.
Battery Recycling Startup Cicu Li-ion Raises $9 Million Seed Funding
Circu Li-ion, a battery recycling startup, raised €8.5 million (~$9 million) in seed funding. The funding includes €4.5 million (~$4.8 million) in equity, which was
Gore Street Energy Secures $60 Million Financing for Energy Storage Project
Gore Street Energy Storage Fund, a UK-based energy storage fund, secured financing for a 200 MW energy storage project in Imperial County, California. The First
SUNfarming Secures Mezzanine Debt for 185 MW of Solar Projects
- October 27
- Sohini Aich
- Solar
SUNfarming, a solar project developer and installer, secured mezzanine debt financing in a double-digit million amount for 185 MW of solar projects. The subordinated debt
Funding and M&A Roundup: EV Charging Company Erapid Raises $32 Million
- October 25
- Arjun Pradeep
- Solar, Storage
Erapid, an electric vehicle (EV) charging solutions provider, raised €30 million (~$32 million) from Aviva Investors, the global asset management business of Aviva. The phased
Project Finance Brief: Energy Storage Firm Plus Power Secures $1.8 Billion
- October 25
- Sohini Aich
- Solar, Storage
Plus Power, a developer and owner of energy storage projects, announced the completion of $1.8 billion in new financing for the construction and operation of
Solar AI Startup Cosmos Innovation Raises $19.7 Million
- October 23
- Arjun Pradeep
- Solar
Cosmos Innovation, a solar AI tech solutions firm, has raised $19.7 million in Series A funding led by Xora Innovation, an early-stage, deep-tech investment platform of Temasek,