Acumen Invests $5 Million in Sun King’s Zambia Off-Grid Solar Expansion
From: Mercom India Off-grid solar company Sun King’s Zambia subsidiary has received a $5 million equity investment from Acumen’s Hardest-to-Reach (H2R) Catalyze initiative to support the company’s expansion in the ...
SMT Energy Raises Up to $268 Million From Climate Adaptive Infrastructure
From: Mercom India SMT Energy, a developer, owner, and operator of battery energy storage projects, has entered into an equity partnership with Climate Adaptive Infrastructure (CAI) for an investment of ...
GridStor Secures $220 Million for 400 MWh Arizona Battery Project
From: Mercom India GridStor, a developer and operator of utility-scale battery energy storage projects, has secured $220 million in tax equity bridge, construction, and term debt financing for its 100 ...
Energy Vault Acquires 2.3 GW Battery Storage Portfolio in US
From: Mercom India Energy Vault, a utility-scale energy storage project developer, has acquired more than 2.3 GW of U.S. battery energy storage development projects from Colorado-based developer and operator of ...
Amber Raises $56 Million in Series E Funding Round
From: Mercom India Amber, an energy company that automates home batteries and electric vehicles (EVs), has closed a A$78.5 million (~$56 million) Series E funding round. 1GT, Morgan Stanley’s climate ...
