Mercom Research Focus

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Mercom Research Focus

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


Solar Software Platform Bodhi Secures $4 Million in Funding

Solar Software Platform Bodhi Secures $4 Million in Funding

An Austin-based solar software platform, Bodhi secured $4 million in a new financing round led by Clean Energy Ventures, a venture capital firm funding early-stage climate tech innovation. The company ...
/ Solar
Migdal Insurance Acquire a 22.5% Stake in 300 MW Mammoth Solar II Project in Indiana

Migdal Insurance to Acquire a 22.5% Stake in 300 MW Mammoth Solar II Project in Indiana

Israel-based Migdal Insurance, an insurance company, has agreed to buy a 22.5% stake in Doral Renewables’ 300 MW Mammoth Solar II photovoltaic project in Indiana. Doral Renewables, doing business as ...
/ Solar
Supercapacitor Maker Skeleton Raises $42.6 Million in Series D Funding

Supercapacitor Maker Skeleton Raises $42.6 Million in Series D Funding

Skeleton Technologies, an Estonia-based manufacturer of ultracapacitor-based energy storage, raised €37.6 million (~$42.6 million) in a Series D funding round from a group of investors. Including the latest round, the ...
/ Storage
Innergex Acquires 50.6 MW Solar Project in Chile for $25.7 Million

Innergex Acquires 50.6 MW Solar Project in Chile for $25.7 Million

Innergex Renewable Energy, a Canadian power producer, acquired the 50.6 MW San Andres solar project located in the Atacama Desert in Northern Chile for a total purchase price of $25.7 ...
/ Solar
NextEnergy Capital Closes $896 Million Fundraise for NextPower III ESG

NextEnergy Capital Closes $896 Million Fundraise for NextPower III ESG

NextEnergy Capital (NEC), an investment firm and asset manager, closed an $896 million fundraise for NextPower III ESG (NPIII ESG), a private fund that focuses on the international solar infrastructure ...
/ Solar