Vulcan Energy, a material exploration company specializing in lithium production, has secured €250 million (~$290 million) in financing from the European Investment Bank (EIB). The
ABB Acquires Power Electronics Business of Gamesa Electric
ABB, a Switzerland-based industrial conglomerate specializing in electrification and automation, has announced the acquisition of Gamesa Electric’s power electronics business in Spain from renewable energy
Hybrid Energy Storage Solutions Raises $14 Million in Funding
Hybrid Energy Storage Solutions (HESSTec), an energy storage solutions provider, has secured €12 million (~$13.6 million) in a funding round. The funding round saw participation
Funding and M&A Roundup: Blackrock Acquires Energy Storage Developer Jupiter Power
Through a fund managed by its Diversified Infrastructure business, BlackRock Alternatives has agreed to acquire Jupiter Power, an operator, and developer of stand-alone utility-scale battery energy