Mercom Research Focus

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Mercom Research Focus

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Solar and Storage 9M and Q3 2023 Report


Form Energy Raises $450 Million in Series E Financing

Form Energy Raises $450 Million in Series E Financing

Form Energy, an iron-air-based battery systems provider, announced that it has raised $450 million in a Series E financing round which was led by TPG’s global impact investing platform, TPG ...
/ Storage
Funding and M&A Roundup: RWE Acquires Con Edison Clean Energy Businesses for $6.8 Billion

Funding and M&A Roundup: RWE Acquires Con Edison Clean Energy Businesses for $6.8 Billion

RWE, a renewable energy company, signed a purchase agreement with Con Edison, a renewable energy project developer, to acquire all shares in its subsidiary Con Edison Clean Energy Businesses. The transaction ...
/ Solar, Storage
Project Finance Brief: Lightsource bp Closes Financing for a 210 MW Solar Project in Brazil

Project Finance Brief: Lightsource bp Closes Financing for a 210 MW Solar Project in Brazil

Lightsource bp, a solar project developer, closed R$800 million (~$148.7 million) financing for its 210 MW of Milagres Solar project in Brazil. Banco do Brasil provided R$423 million (~$78.6 million) ...
/ Solar, Storage
Bboxx, EDF Secure $11 Million Loan to Expand Clean Energy in Togo

EV Charging Provider Loop Global Raises $60 Million in Series A Funding

Loop Global, an electric vehicle (EV) charging infrastructure company, announced the completion of a $40 million Series A-1 funding round led by Fifth Wall Climate and Agility Ventures. Loop Global also raised ...
/ Storage
ReneSola Power Sells 70 MW of Solar Projects to AB CarVal

ReneSola Power Sells 70 MW of Solar Projects to AB CarVal

ReneSola Power, a solar project developer, sold 70 MW of solar development projects to AB CarVal, an investment fund manager in Pennsylvania. The portfolio consists of three ground-mounted utility-scale projects ...
/ Solar