Corporate Funding in Battery Storage, Smart Grid, and Energy Efficiency Companies Increases 140% with $19.5 Billion in 2021

Corporate Funding for Battery Storage Companies Increases 159% with $17 Billion in 2021

/ EV, Smart Grid, Storage
Total corporate funding (including venture capital funding, public market, and debt financing) for the battery storage, smart grid, and energy efficiency sectors in 2021 was up by 140%, with $19.5 billion compared to $8.1 billion in 2020. Global ...

2021 Q4 and Annual Report Banner

8minute Solar Energy Closes $400 Million in Financing

8minute Solar Energy Closes $400 Million in Financing

Solar developer 8minute Solar Energy has closed $400 million in financing from institutional investor EIG. The financing includes a portion of growth equity and a letter of credit. As part ...
/ Solar
Factorial Energy Raises $200 Million To Commercialize its Solid-state Batteries

Factorial Energy Raises $200 Million To Commercialize its Solid-state Batteries

Factorial Energy, a developer of solid-state batteries, raised $200 million as part of a Series D round of funding led by Mercedes-Benz (DAI) and Stellantis N.V. The company plans to ...
/ Storage
Funding and M&A Roundup: Factorial Energy Raises $200 Million for Solid-State Battery

Funding and M&A Roundup: Factorial Energy Raises $200 Million for Solid-State Battery

Factorial Energy, a solid-state battery company, raised $200 million in a Series D funding round led by Mercedes-Benz (DAI) and Stellantis. Funding will be used to accelerate commercial production and ...
/ Solar, Storage
Project Finance Brief: Cordelio Power Acquires a 900 MW Solar Project Pipeline

Project Finance Brief: Cordelio Power Acquires a 900 MW Solar Project Pipeline

Cordelio Power, a renewable power producer, acquired a 900 MW pipeline of utility-scale solar projects from SunEast Renewables, a solar project developer. The projects are located primarily in New York, ...
/ Solar, Storage
Italian Energy Group Eni Acquires Solar Konzept Greece

Italian Energy Group Eni Acquires Solar Konzept Greece

Italian energy group Eni has entered the Greek solar power market by acquiring Solar Konzept Greece as part of its plans to shift away from oil and gas. In a ...
/ Solar