Mercom Research Focus

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Mercom Research Focus

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Q1 2024 Solar Funding and M&A Report


Corporate Funding in Energy Storage Up Significantly with $12.9 Billion in Q1 2022

Corporate Funding in Energy Storage Up Significantly with $12.9 Billion in Q1 2022

In Q1 2022, $1.6 billion was raised in VC funding by Battery Storage, Smart Grid, and Energy Efficiency companies, a 21% increase compared to the $1.3 billion raised in Q1 ...
/ Efficiency, Smart Grid, Storage
Project Finance Brief: Alternus Energy to Acquire 228 MW of Solar Projects in Spain

Project Finance Brief: Alternus Energy to Acquire 228 MW of Solar Projects in Spain

International renewable independent power producer (IPP) Alternus Energy agreed to a definitive agreement to acquire up to 228 MW solar projects in Spain. Alternus has executed a binding purchase agreement ...
/ Solar, Storage
Funding and M&A Roundup Enel Secures €600 Million from EIB for Clean Energy Expansion

Funding and M&A Roundup: Enel Secures €600 Million from EIB for Clean Energy Expansion

Enel, an Italian multinational manufacturer and distributor of electricity and gas, and the European Investment Bank (EIB), through its development branch EIB Global and SACE, an Italian export credit agency, ...
/ Solar, Storage
Energy Storage Provider Fluence to Acquire Software Firm Nispera

Energy Storage Provider Fluence to Acquire Software Firm Nispera

Fluence, a provider of energy storage products and services and digital applications for renewables and storage, has agreed to acquire Nispera,  a Zurich-based company providing data intelligence services for renewable ...
/ Storage
Field Energy Secures $51 Million to Build 110 MW BESS System in the UK

Field Energy Secures $51 Million to Build 110 MW BESS System in the UK

Triple Point Energy Efficiency Infrastructure, an investment firm, announced that the Group, via TEEC Holdings, has signed contracts to provide a debt facility to a subsidiary of Virmati Energy to ...
/ Storage