Mercom Research Focus

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Mercom Research Focus

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Q1 2024 Solar Funding and M&A Report


Battery Recycling Company Green Li-ion Raises $20.5 Million in Pre-Series B funding

Battery Recycling Company Green Li-ion Raises $20.5 Million in Pre-Series B funding

Green Li-ion, a lithium-ion battery recycling technology company, raised $20.5 million in Pre-Series B funding bringing the total funding raised to approximately $36 million. The round was led by Singapore-based ...
/ Storage
Funding and M&A Roundup: Navisun Raises $235 Million for Solar Projects

Funding and M&A Roundup: Navisun Raises $235 Million for Solar Projects

Navisun, an independent power producer, announced it has secured up to $235 million in debt financing through two facilities. The funding will support the company’s growth strategy, allowing it to ...
/ Solar, Storage
Project Finance Brief: CWP Europe Acquires 134 MW Solar Project in Romania

Project Finance Brief: CWP Europe Acquires 134 MW Solar Project in Romania

CWP Europe, an international renewable energy project developer, acquired the 134 MW Studina solar project under development in Romania. The project construction is set to begin in 2023, and commercial ...
/ Solar, Storage
Scale Microgrids Raises $225 Million to Scale Up its Distributed Energy Solutions

Scale Microgrids Raises $225 Million to Scale Up its Distributed Energy Solutions

Scale Microgrids, a commercial-scale distributed energy developer, announced closing its $225 million debt facility, which will help the company build and operate future projects. The non-resource project financing debt arrangement ...
/ Smart Grid
EV Charging Provider Indra Raises $21 Million in Series B Funding

EV Charging Provider Indra Raises $21 Million in Series B Funding

Indra, an electric vehicle charging and energy technology company, has announced that it has secured over £20 million (~$21 million) in Series B Funding. The lead investor was Gulf Oil ...
/ Smart Grid