Mercom Research Focus

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Mercom Research Focus

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Solar and Storage 9M and Q3 2023 Report


TotalEnergies Acquires 208 MW of Solar Projects in Romania

Project Finance Brief: Recurrent Secures Financing for 100 MW Solar Project

Recurrent Energy, a wholly-owned subsidiary of Canadian Solar and a utility-scale solar and energy storage project developer, closed project financing for its 134 MW (100 MWac) Liberty Solar project. The ...
/ Solar, Storage
Solar Microinverter Firm TSUN Secures $21 Million in Series B Funding

Morrow Batteries Raises Up to $74 Million in Funding

Morrow Batteries, a Norwegian battery cells manufacturer, announced that it is raising up to €70 million (~$74.09 million) through a private placement. The funding will support the company’s development of ...
/ Storage
Energy Data Startup Openvolt Raises $1.6 Million in Pre-Seed Funding

Energy Data Startup Openvolt Raises $1.6 Million in Pre-Seed Funding

Openvolt, a provider of software solutions for energy data, secured €1.5 million (~$1.6 million) in a pre-seed round led by Berlin-based early-stage investor Cavalry Ventures, with participation from climate investor ...
/ Storage
Southern Power Acquires 200 MW Solar Project in Texas

Southern Power Acquires 200 MW Solar Project in Texas

Southern Power, a subsidiary of Southern Company, an electric utility, acquired the 200 MW Millers Branch solar project from EDF Renewables. The solar facility is currently in the early stages ...
/ Solar
Nautilus Solar Energy Closes $202 Million Institutional Debt Private Placement

Nautilus Solar Energy Closes $202 Million Institutional Debt Private Placement

Nautilus Solar Energy, a community solar project developer, completed the issuance of $202 million in senior secured notes to institutional investors in a private placement transaction. The financing is to ...
/ Solar