Mercom Research Focus

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Mercom Research Focus

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Q1 2024 FUNDING AND M&A REPORT


Highfield Solar Secures $70 Million in Financing for Ireland Solar Project

Ampacimon Raises $11 Million in Series C Funding

Ampacimon, a grid monitoring solutions provider, raised €10 million (~$11 million) in Series C funding from Junction Growth Investors along with existing investors Korys, Noshaq, Creos, and Gesval. The company ...
/ Smart Grid
TagEnergy Reaches Financial Close for 49.9 MW Energy Storage Project

Total Corporate Funding into Energy Storage Came to $15.2 Billion in 9M 2023

Energy Storage Corporate funding in the energy storage sector was down 31% in 9M 2023, with $15.2 billion raised in 94 deals compared to $22 billion in 93 deals in ...
/ Storage
Funding and M&A Roundup: EV Charging Firm SWTCH Raises $27 Million

Funding and M&A Roundup: Skeleton Technologies Raises $114 Million

Skeleton Technologies, a manufacturer of ultracapacitor-based energy storage solutions, raised €108 million (~$114 million) in a funding Series E1 round to expand the company’s product development and finance the manufacturing ...
/ Solar, Storage
Scale Microgrids Acquires 500 MW of Community Solar Projects

Project Finance Brief: Voltalia Sells 420 MW Solar Project to Newave Energia

Voltalia, a renewable energy power producer, sold its 420 MW solar project to Newave Energia, a partnership between Gerdau and Newave FIP in Brazil. Newave Energia will rely on Voltalia ...
/ Solar, Storage
Smart Home Company myenergi Gets $36 Million

Smart Home Company myenergi Gets $36 Million

myenergi, a manufacturer of eco-smart home technology in the UK, secured a £30 million (~$36.49 million) investment from Energy Impact Partners (EIP). The investment will help the company’s growth and internationalization plans ...
/ Smart Grid