Mercom Research Focus

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Mercom Research Focus

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Q1 2024 FUNDING AND M&A REPORT


SolarEdge Acquires EV Charging Software Provider Wevo Energy

SolarEdge Acquires EV Charging Software Provider Wevo Energy

SolarEdge Technologies, a solar power optimization, and PV monitoring solutions provider, has completed the acquisition of Wevo Energy, a software startup specializing in EV charging optimization and management for sites ...
/ Smart Grid
RWE and PPC Closed Funding for 730 MWp Solar Project Portfolio

RWE and PPC Closed Funding for 730 MWp Solar Project Portfolio

RWE, a German power generation company, and PPC, a Greece-based utility company, have signed loan agreements with Alpha Bank, Eurobank, and National Bank of Greece for the construction of a ...
/ Solar
Arcadia Secures $50 Million Financing

Polar Night Energy Raises $8.1 Million in Seed Funding

Polar Night Energy, a Finnish thermal energy storage startup, has successfully secured €7.6 million (~$8.1 million) in a seed funding round. Jonathan Oppenheimer, a South African businessman, led this round, which ...
/ Storage
Columbus Energy Sells 28.1 MW Ready to Build Solar Projects

Ib vogt Secured Funding for 95 MW Solar Project

Ib vogt, a developer of solar and storage projects, has secured €60 million (~$65.1 million) in project funding to build and operate a 95.18 MWp solar project in Spain. Banco ...
/ Solar
Funding and M&A Roundup: Matrix Renewables Secures $322 Million Debt Funding

Torus Closes $67 Million to Advance Energy Storage

Torus, a Utah-based energy storage solutions provider, has secured $67 million in new equity, conversion of outstanding notes, and a loan facility. Origin Ventures, a venture capital firm, led the ...
/ Storage