Mercom Research Focus

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Mercom Research Focus

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Q1 2024 FUNDING AND M&A REPORT


FotoNotes Acquires Solar Operation Platform SiteCapture

FotoNotes Acquires Solar Operation Platform SiteCapture

FotoNotes, a mobile software company, has acquired SiteCapture,  a field operations platform used in the solar industry. With this acquisition, SiteCapture will offer mobile field operations software for the solar, ...
/ Solar
Atrato Onsite Energy Acquires 33 MW of Solar Projects

Atrato Onsite Energy Acquires 33 MW of Solar Projects

Atrato Onsite Energy, an investment company, has acquired 33 MW of installed solar projects across 32 the UK from Macquarie’s Green Investment Group for £31 million (~$36.19 million). The offtakers ...
/ Solar
Qcells Closes $150 Million Financing for 380 MWh Energy Storage Project

Qcells Closes $150 Million Financing for 380 MWh Energy Storage Project

Qcells, a utility-scale solar developer, energy storage developer, and solar EPC provider, closed a $150 million funding to support the construction of the Cunningham Energy Storage Project and other projects ...
/ Storage
Ambient Photonics Closes on $18 Million Debt Financing

Ambient Photonics Closes on $18 Million Debt Financing

Ambient Photonics, a California-based low-light solar photovoltaic cells developer, has secured $17.5 million in debt financing for its U.S. solar manufacturing facility. The financing was provided by the Silicon Valley ...
/ Solar
Energy Startup Tesseract Raises $78 Million in Funding

Energy Startup Tesseract Raises $78 Million in Funding

Tesseract, a vertically integrated company that purchases energy from generators at fixed prices and then offers it to consumers, raised $78 million to buy and build selected renewable energy assets ...
/ Smart Grid