Mercom Research Focus

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Mercom Research Focus

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Q1 2024 FUNDING AND M&A REPORT


Solar AI Startup Cosmos Innovation Raises $19.7 Million

FranklinWH Secures $25 Million Series B Funding

FranklinWH, a residential energy management solutions provider, secured $25 million in Series B funding led by Particle Future. The funding is expected to help the company expand its R&D capabilities, ...
/ Storage
Funding and M&A Roundup: BESS Developer NineDot Raises $225 Million

EV Charging Company Electric Era Secures $11.5 Million in Series A Funding

Electric Era, an EV Charging Solutions provider, secured a $11.5 Million Series A Funding round led by HSBC Asset Management, with participation from SQM Lithium Ventures, Blackhorn Ventures, and Proeza ...
/ Storage
Solar Q4 2023 Report

Greenbacker Acquires 12 MW of Solar Projects in Colorado

Greenbacker Renewable Energy Company, an investment manager and independent power producer, through its wholly-owned subsidiary, has acquired three solar power projects totaling 12 MWdc in Colorado from One Energy, a solar ...
/ Solar
Battery Manufacturer Northvolt Raises $1.2 Billion to Fund Expansion Plans

Battery Manufacturer Northvolt Raises $1.2 Billion to Fund Expansion Plans

Northvolt, a Sweden-based manufacturer of lithium-ion batteries, has announced raising $1.2 billion in convertible notes to support its expansion plans across Europe and North America. The latest funding represents an ...
/ Storage
ENGIE Acquires US-based Battery Storage Firm Broad Reach Power

ENGIE Acquires US-based Battery Storage Firm Broad Reach Power

From: Mercom India France-based energy firm ENGIE has announced the signing of a definitive agreement to acquire 100% of Houston-based battery storage company Broad Reach Power, with a focus on facilitating ...
/ Storage