Corporate Funding in Solar Sector in 9M 2021 Surges to $22.8 Billion

Corporate Funding in Solar Sector in 9M 2021 Surges to $22.8 Billion

/ Solar
Total corporate funding (including venture capital funding, public market, and debt financing) increased 190% in 9M 2021, with $22.8 billion in 112 deals compared to $7.9 billion in 72 deals in 9M 2020. Financing activity was up across ...

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Arevon Acquires a 150 MW/600 MWh Solar Plus Battery Energy Storage Project

Arevon Acquires a 150 MW/600 MWh Solar Plus Battery Energy Storage Project

United States-based renewable energy company Arevon has acquired the Vikings Energy Farm, a solar-plus-storage power project under development from RAI Energy International and Apex Energy Solutions. The Vikings Energy farm ...
/ Solar, Storage
Funding and M&A Roundup: Energy Storage Company VFlowTech Secures $3 Million Financing

Funding and M&A Roundup: Energy Storage Company VFlowTech Secures $3 Million Financing

Energy storage solutions provider VFlowTech has secured $3 million in Pre-Series A financing led by Wavemaker Partners, with participation from SEEDS Capital, Sing Fuels, and other prominent angel investors. The ...
/ Solar, Storage
Project Finance Brief: Altus Power Closes €36.2 Million Sale Leaseback Solar Funding

Project Finance Brief: Altus Power Closes €36.2 Million Sale Leaseback Solar Funding

Altus Power, a clean energy firm, has completed a sale leaseback tax equity financing worth €36.2 million (~$42 million) for several unspecified solar projects in Minnesota and Massachusetts. Fifth Third ...
/ Solar, Storage
Funding and M&A Roundup: Energy Storage Company Fluence Files for IPO

Funding and M&A Roundup: Energy Storage Company Fluence Files for IPO

Fluence, a provider of energy storage products and services, has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission (SEC) relating to a proposed initial ...
/ Solar, Storage
Project Finance Brief: Iberdrola Acquires a 190 MW Solar Project from RES

Project Finance Brief: Iberdrola Acquires a 190 MW Solar Project from RES

Iberdrola, a multinational electric utility company, acquired the 190 MWac (245 MWdc) Avonlie solar project from RES, an independent renewable energy company. The project is in New South Wales, Australia ...
/ Solar, Storage