Mercom Research Focus

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Mercom Research Focus

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Q1 2024 FUNDING AND M&A REPORT


Online Solar Platform Zolar Raises $106 Million in Series C Funding

Online Solar Platform Zolar Raises $106 Million in Series C Funding

Berlin-based startup Zolar, a platform that serves as an online configurator for the planning and purchasing a rooftop PV system, raised €100 million (~$105.76 million) in a Series C funding ...
/ Solar
Dragonfly Energy Goes Public Via SPAC Deal

Dragonfly Energy Goes Public Via SPAC Deal

Dragonfly Energy, a Lithium-Ion battery manufacturer, has entered into a definitive agreement for a business combination with Chardan NexTech Acquisition 2 Corp (CNTQ), a special purpose acquisition company, resulting in ...
/ Storage
BlackRock Real Assets Refinances 186 MW of Solar Portfolio in Taiwan

Green Genius Secures $40 Million for Polish Solar Projects

Green Genius, a renewable energy company, secures PLN 175 million (~$39.5 million) debt financing from Sequoia Economic Infrastructure Income Fund Limited to construct 66 MW solar projects in Poland. Sequoia ...
/ Solar
Mitie Group to Acquire Custom Solar for $16 Million

APG and OMERS Infrastructure to Acquire Groendus

Netherlands-based APG and OMERS Infrastructure, an investor and asset manager, signed an agreement to acquire Groendus from NPM Capital. Groendus is an energy transition platform in the Netherlands founded in ...
/ Solar
Optivolt Raises $8 Million in Funding

Optivolt Raises $8 Million in Funding

Optivolt, a provider of solar technology that enables self-powered IoT devices, 5G infrastructure, military equipment, robotics, and EVs, has raised $8 million in a seed funding round. Including the latest ...
/ Solar