Mercom Research Focus

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Mercom Research Focus

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Q1 2024 FUNDING AND M&A REPORT


Origis Energy Secures Project Financing for 75 MW Solar Project

Aspen Power Acquires 8 Solar Projects in New York and Pennsylvania

Aspen Power, a distributed generation platform developer, announced the acquisition of eight ground-mounted solar projects in Pennsylvania and New York, totaling 41 MW. The projects were acquired from Solar Site ...
/ Solar
GridBeyond Raises $55 Million in Series C Funding

Lightshift Energy Secures $100 Million Financing for Energy Storage Projects

Energy Storage developer Lightshift Energy (formerly Delorean Power), secured $100 million from Greenbacker Capital Management (GCM), a renewable energy asset manager. Of the total funds secured, $20 million originated from ...
/ Storage
VH Global Sustainable Energy Acquires Solar and Storage Projects

VH Global Sustainable Energy Acquires Solar and Storage Projects

VH Global Sustainable Energy Opportunities, a renewable energy investment firm, has agreed to acquire and develop two solar projects co-located with energy storage systems in New South Wales, Australia, for ...
/ Solar, Storage
Silicon Battery Technology Startup Ionobell Raises $3.9 Million Financing

Silicon Battery Technology Startup Ionobell Raises $3.9 Million Financing

Ionobell, a silicon battery technology company, raised $3.9 million in a recent seed extension round led by Dynamo Ventures and Trucks VC, bringing the total funding amount to $7.3 million ...
/ Storage
project finance brief

DTEK Group Acquires 133 MW Energy Storage Project in Poland

Private energy company DTEK Group, via its EU-focused renewable energy subsidiary DRI, signed a final, binding share purchase agreement with Columbus Energy, a Poland-based company engaged in the renewable energy equipment ...
/ Storage