Mercom Research Focus

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Mercom Research Focus

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Q1 2024 Solar Funding and M&A Report


EV-Battery-maker-ONE-Raises-300-Million-in-Series-B-Funding

EV Battery Maker Our Next Energy Raises $300 Million in Series B Funding

Our Next Energy (ONE), an energy storage solutions company developing a hybrid system based on a cobalt-free battery and a lithium iron phosphate battery for EVs, closed its $300 million ...
/ Storage
Funding and M&A Roundup: Energy Storage Firm Aypa Power Secures $320 Million Debt Funding

Funding and M&A Roundup: Energy Storage Firm Aypa Power Secures $320 Million Debt Funding

Aypa Power, a developer, owner, and operator of energy storage and hybrid generation assets has secured a corporate credit facility worth $320 million. The credit facility includes a $250 million ...
/ Solar, Storage
Project Finance Brief: Sonnedix Acquires 136 MW Solar Project Portfolio in Spain

Project Finance Brief: Sonnedix Acquires 136 MW Solar Project Portfolio in Spain

Sonnedix, an independent power producer, has acquired a 136 MW solar project in Spain from Qualitas Energy, an investment firm focused on renewable energy, energy transition, and sustainability investments. The ...
/ Solar, Storage
Corporate Funding for Energy Storage Companies Up 55% with $26.4 Billion in 2022

Energy Storage Developer Aypa Power Secures $320 Million Credit Facility

Aypa Power, a developer, owner, and operator of energy storage and hybrid generation assets, has secured a corporate credit facility worth $320 million. The facility was arranged by Banco Santander, ...
/ Storage
EV Charging Software Provider AMPECO Raises $16 Million in Series A Funding

EV Charging Software Provider AMPECO Raises $16 Million in Series A Funding

AMPECO, a software platform for electric vehicle (EV) charging providers, raised a total of $16 million in venture capital investment after closing a Series A funding round of $13 million ...
/ Smart Grid