Mercom Research Focus

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Mercom Research Focus

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


SPAN Raises $90 Million in Series B Funding

SPAN Raises $90 Million in Series B Funding

SPAN, a developer of a smart connected electrical panel, raised $90 million in a Series B funding round, bringing the company’s total funding to date to $134 million. Fifth Wall ...
/ Storage
Israeli Battery Technology Firm StoreDot Secures Investment from Ola Electric

Israeli Battery Technology Firm StoreDot Secures Investment from Ola Electric

StoreDot, a nanotechnology and fast-charging energy storage technology developer using a new generation of lithium-ion batteries, secured investment from Ola Electric, an Indian electric two-wheeler manufacturer. Ola Electric plans to ...
/ Storage
We Energies and Consortium Acquires a 200110 MW Solar-Battery Project

We Energies and Consortium Acquires a 200/110 MW Solar-Battery Project

The Public Service Commission of Wisconsin unanimously approved We Energies’ purchase of the Paris Solar-Battery project. We Energies, Wisconsin Public Service, and Madison Gas and Electric are acquiring the 200 ...
/ Solar, Storage
SolarEdge Technologies Raises $678.5 Million Through Common Stock Offering

SolarEdge Technologies Raises $678.5 Million Through Common Stock Offering

SolarEdge Technologies, a provider of end-to-end solar power optimization and PV monitoring solutions, completed underwritten public offering of 2,300,000 shares of common stock at $295.00 per share, raising $678.5 million ...
/ Solar
Solar Startup Zolar Secures $23 Million in Funding from Ecosia

Solar Startup Zolar Secures $23 Million in Funding from Ecosia

Berlin-based startup Zolar, a platform that serves as an online configurator for the planning and subsequent purchase of a rooftop PV system, received a $23 million investment from Ecosia. Dragged ...
/ Solar