Mercom Research Focus

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Mercom Research Focus

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Solar and Storage 9M and Q3 2023 Report


EBRD Provides APEY $100 Million for Solar Projects in Turkey

EBRD Provides APEY $100 Million for Solar Projects in Turkey

The European Bank for Reconstruction and Development (EBRD) provided around $100 million in financing to Adnan Polat Enerji Yatirimi A.S. (APEY), a renewable energy company, as part of a financing package jointly ...
/ Solar
Project Finance Brief: Low Carbon Raises $265 Million for 1 GW of Renewable Projects

Project Finance Brief: Low Carbon Raises $265 Million for 1 GW of Renewable Projects

Low Carbon, a renewable energy developer, raised a £230 million (~$265 million) senior debt facility to construct 1 GW of large-scale renewable energy projects in the UK and the Netherlands ...
/ Solar, Storage
Funding and M&A Roundup: Battery Recycling Company Ascend Elements Raises $50 Million

Funding and M&A Roundup: Battery Recycling Company Ascend Elements Raises $50 Million

Ascend Elements, a lithium-ion battery recycling and engineered materials company, announced a strategic investment of $50 million from SK ecoplant, the environmental unit of Korean conglomerate SK Inc. The investment ...
/ Solar, Storage
SK ecoplant Invests $50 Million in Ascend Elements

SK ecoplant Invests $50 Million in Ascend Elements

Ascend Elements, a lithium-ion battery recycling and engineered materials company, announced a strategic investment of $50 million from SK ecoplant, the environmental unit of Korean conglomerate SK Inc. The investment will accelerate ...
/ Storage
CropEnergies Acquires 25% stake in Renewable Energy Startup East Energy

CropEnergies Acquires 25% stake in Renewable Energy Startup East Energy

CropEnergies, a manufacturer of sustainably produced biofuels, announced that they had acquired a 25% stake in the German renewable energy startup East Energy. They intend to invest up to €8 ...
/ Solar