Mercom Research Focus

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Mercom Research Focus

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Q1 2024 FUNDING AND M&A REPORT


Pulse Clean Energy Secures $215 Million for BESS Pipeline

Pulse Clean Energy Secures $215 Million for BESS Pipeline

Pulse Clean Energy, a UK-based energy storage project developer, secured a £175 million (~$215 million) credit facility with a syndicate of banks, including Santander, UK Infrastructure Bank, CIBC and Investec ...
/ Storage
Solar Q4 2023 Report

SUSI Partners Acquires Majority Stake in Encore

SUSI Partners, a Swiss-based investment manager, through its flagship Energy Transition Fund (SETF), has acquired a controlling interest in U.S. clean energy developer Encore Renewable Energy, a clean energy company specialized ...
/ Solar
Corporate Funding for Energy Storage Companies Up 55% with $26.4 Billion in 2022

Clearstone Energy Sells 107 MW Battery Energy Storage Project in England

Clearstone Energy, a solar and battery energy storage projects developer, announced the sale of two Battery Energy Storage System (BESS) projects in Southern England to Foresight Energy Infrastructure Partners. The ...
/ Storage
Jinko Solar to Sell Unit for $622 Million to Enhance Operational Efficiency

Jinko Solar to Sell Unit for $622 Million to Enhance Operational Efficiency

From: Mercom India Chinese solar cell and module manufacturer Jinko Solar has announced that its majority-owned subsidiary, Jiangxi Jinko, has entered into an agreement for the sale of its complete ...
/ Solar
Siemens to Acquire Mass-Tech’s Electric Vehicle Division for ₹380 Million

Siemens to Acquire Mass-Tech’s Electric Vehicle Division for ₹380 Million

From: Mercom India Siemens, a German-based multinational conglomerate that is also involved in the transmission and generation of power, has signed an agreement to acquire the electric vehicle (EV) division ...
/ Storage