Q3 2023 Funding

Total Corporate Funding for Solar Sector Up 55% with $28.9 Billion in 9M 2023

Total corporate funding, including venture capital (VC) funding, public market, and debt financing, in 9M 2023 stood at $28.9 billion, 55% higher than $18.7 billion raised in 9M 2022. However, ...
/ Solar
Funding and M&A Roundup: Battery Recycling Company Mecaware Raises $42 Million

Funding and M&A Roundup: Battery Recycling Company Mecaware Raises $42 Million

Mecaware, a battery recycling company, secured €40 million (~$42 million) in funding for the recycling of battery production scrap (Gigafactories Scrap – ScrapCO2MET project). The project is expected to be operational ...
/ Solar, Storage
Modus Asset Management Acquires 55 MW of Solar Projects in Latvia

Project Finance Brief: Ashtrom Secures Financing for 400 MW Solar Project

Ashtrom Renewable Energy, an independent power producer and subsidiary of the Israel-based Ashtrom Group, has secured $270 million for its 400 MW Tierra Bonita Solar Project in Texas. The green ...
/ Solar, Storage
Soltec Sells 850 MW Solar Project Portfolio in Denmark

Capital Dynamics Acquires 170 MW of Solar Projects in Italy

Capital Dynamics, a private asset management firm, has acquired 170 MW of construction-ready solar photovoltaic projects located in Sicily, Italy, from a global energy service provider. The projects will be ...
/ Solar
Sunlight Energy Acquires 9.4 MW Solar Project Portfolio

Advanced Power Sells 232 MW Solar and Storage Project in Texas

Advanced Power, an independent renewable energy power producer, announced the sale of Oriana Solar LLC in Texas to Sabanci Renewables, a subsidiary of Sabanci Holdings. Oriana Solar is a 232 ...
/ Solar