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