Mercom Research Focus

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Mercom Research Focus

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Q1 2024 FUNDING AND M&A REPORT


WEC Acquires 80% Stake in 250 MW Solar Project in Texas

SUNfarming Secures $53 Million for Solar Projects in Poland

SUNfarming, a solar project developer and installer through its independent power producer SUN IPP, secured €50 million (~$54 million) to construct 231 MW solar projects in Poland. The mezzanine capital ...
/ Solar
Peak Power Raises $200 Million in Financing from Madison Energy Investments

Peak Power Raises $200 Million in Financing from Madison Energy Investments

Peak Power, a provider of AI-powered clean energy optimization software for commercial and industrial (C&I) facilities, announced a $200 million financing agreement with Madison Energy Investments (MEI), which finances, develops, ...
/ Storage
Scatec Sells 42% stake in 258 MW Upington Solar Project to Standard Bank Group

Scatec Sells 42% stake in 258 MW Upington Solar Project to Standard Bank Group

STANLIB Infrastructure Fund II, the largest asset manager in South Africa and part of the Standard Bank Group, has acquired a 42% stake in the 258 MW Upington Solar Power ...
/ Solar
Enteligent Raises $7 Million for its Solar optimizer and Solar-EV Technology

Enteligent Raises $7 Million for its Solar optimizer and Solar-EV Technology

Solar power optimization and EV charging tech provider Enteligent raised $7 million in seed funding from strategic and institutional investors to fast-track the commercialization of its solar optimization platform, a DC-to-DC ...
/ Smart Grid, Solar
EV-Battery-maker-ONE-Raises-300-Million-in-Series-B-Funding

EV Battery Maker Our Next Energy Raises $300 Million in Series B Funding

Our Next Energy (ONE), an energy storage solutions company developing a hybrid system based on a cobalt-free battery and a lithium iron phosphate battery for EVs, closed its $300 million ...
/ Storage