Mercom Research Focus

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Mercom Research Focus

Featured 

Q1 2024 FUNDING AND M&A REPORT


Green Genius Secures $94 Million Financing for Solar Projects

Battery Manufacturer Verkor Secures $1.4 Billion Green Loan

Verkor, a manufacturer of lithium-based battery cells and modules, secured over €1.3 billion (~$1.41 billion) in green financing supported by 16 commercial banks and three public banks. These funds will ...
/ Storage
Clean Energy Management Platform Verse Secures $20.5 Million Series A Funding

Clean Energy Management Platform Verse Secures $20.5 Million Series A Funding

Verse, a clean energy management platform, raised $20.5 million in a Series A funding round led by GV (Google Ventures) with participation from Coatue, CIV, and MCJ Collective. According to ...
/ Smart Grid
Swift Solar Raises $27 Million in Series A Funding

Recurrent Energy Secures $1.4 Billion Credit Facility to Expand Solar and Storage Projects

Recurrent Energy, a solar project developer and a wholly owned subsidiary of Canadian Solar secured a multi-currency revolving credit facility valued at up to €1.3 billion (~$1.4 billion) with ten ...
/ Solar, Storage
Ørsted Secures Tax Equity Financing for Solar and Energy Storage Portfolio

Ørsted Secures Tax Equity Financing for Solar and Energy Storage Portfolio

Ørsted, a Danish renewable energy company, secured $680 million in tax equity financing from J.P. Morgan to develop solar and energy storage projects in Arizona and Texas, U.S. The portfolio ...
/ Solar, Storage
AMEA Power Secures Financing for 120 MW Doornhoek Solar Project

ONDE Acquires 63 MW Solar Project in Poland

ONDE, a renewable energy contractor involved in the development of solar and wind projects, announced the acquisition of a 63 MW solar project located in the West Pomeranian Voivodeship in ...
/ Solar