Mercom Research Focus

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Mercom Research Focus

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Solar and Storage 9M and Q3 2023 Report


Mitie Group to Acquire Custom Solar for $16 Million

Mitie Group to Acquire Custom Solar for $16 Million

UK-based Mitie Group, an outsourcing and energy services company, has entered into a sale and purchase agreement to acquire the entire issued share capital of Custom Solar, a solar power ...
/ Solar
Svea Solar Secures $107 Million Investment from CarVal Investors

Svea Solar Secures $107 Million Investment from CarVal Investors

Svea Solar, an integrated solar solutions & service provider in Sweden, secured a €100 million (~$106.8 million) investment from CarVal Investors. The investment is committed to expanding Swedish utility-scale solar ...
/ Solar
Enlight Acquires 525 MW Solar and Wind Projects in Croatia

Signal Iduna Acquires the 650 MW Witznitz Solar Project in Germany

Signal Iduna and its financial subsidiary HANSAINVEST Real Assets acquired the 650 MW Witznitz Solar project in Lake Hainer near Leipzig, Germany. The project is subjected to planning approval. Moveon ...
/ Solar
Distributed Solar and Storage Developer Agilitas Energy Raises $350 Million in Funding

Distributed Solar and Storage Developer Agilitas Energy Raises $350 Million in Funding

Agilitas Energy, a developer, builder, owner, and operator of distributed energy storage and solar PV systems, raised $350 million in equity funding from funds managed by CarVal Investors. The investment accelerates ...
/ Solar, Storage
Funding, Battery Storage, Solid-State, Toyota

Ion Storage Systems Raises $30 Million in Series A Funding

Ion Storage Systems, a developer of solid-state battery technology, has raised $30 million in a Series A funding round. The investments came from Toyota Ventures, Tenaska, Bangchak Corporation, GAINTECH Capital, ...
/ Storage