Mercom Research Focus

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Mercom Research Focus

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9M and Q3 2024 Solar Funding and M&A Report


Enphase Energy Acquires SolarLeadFactory

Enphase Energy Acquires SolarLeadFactory

Enphase Energy, a micro inverter-based solar-plus-storage systems supplier, acquired California-based SolarLeadFactory. The financial terms of the transaction were not disclosed. Founded in 2012, SolarLeadFactory produces, curates, and distributes solar leads ...
/ Solar
Renewable Energy Company Sun Cable Raises $153 Million in Funding

Renewable Energy Company Sun Cable Raises $153 Million in Funding

Australia-based Sun Cable, a clean energy company, has raised A$210 million (~$153 million) in a Series B funding round. Grok Ventures and Squadron Energy (a wholly-owned subsidiary of Tattarang) co-led ...
/ Solar
Gore Street Acquires 79.2 MW Energy Storage Portfolio in Texas

Gore Street Acquires 79.2 MW Energy Storage Portfolio in Texas

Gore Street Energy Storage Fund, an energy storage fund, announced that it would acquire a portfolio of eight energy storage assets in Texas from Perfect Power Solutions Texas, a portfolio ...
/ Storage
Ares Management Leads $600 Million Equity Investment in SB Energy

Ares Management Leads $600 Million Equity Investment in SB Energy

SB Energy Global, a subsidiary of SoftBank Group Corp., and a renewable energy project developer secured $600 million equity investment from funds managed by the Infrastructure and Power strategy of ...
/ Solar
Banpu Acquires 49.04% Stake in Solar Rooftop Platform Solar Esco

Banpu Acquires 49.04% Stake in Solar Rooftop Platform Solar Esco

BRE Singapore (BRES), a wholly-owned subsidiary of Banpu NEXT Co., in which Banpu holds 50% shareholding, has signed a Shares Subscription Agreement (SSA) to purchase 49.04% shareholding in Solar Esco ...
/ Solar, Storage