Peaxy, a cloud software company specializing in battery lifecycle analytics, has secured $12 million in a Series B2 funding round to transform battery lifecycle analytics
Power Utility AES Corporation Acquires 2 GW Solar Plus Storage Project in US
From: Mercom India The AES Corporation (AES), a U.S.-based utility and power generation company, has acquired ownership of the Bellefield solar-plus-storage project with a capacity of
ENGIE Acquires 1.25 GW of Solar Plus Storage Projects in Arizona
From: Mercom India Revolve Renewable Power Corporation, a developer of utility-scale solar, wind, and battery storage projects, announced the sale of its 1,250 MW of
Connected Energy Raises $16 Million in Funding
Connected Energy, a provider of second-life battery energy storage systems, has raised £15 million (~$15.7 million) in funding from Caterpillar Venture Capital, the Hinduja Group,
Ion Storage Systems Raises $30 Million in Series A Funding
Ion Storage Systems, a developer of solid-state battery technology, has raised $30 million in a Series A funding round. The investments came from Toyota Ventures,
Natrion Raises $2 Million Funding for Solid-State Battery Technology
Electric vehicle solid-state battery technology provider Natrion has raised $2 million in seed funding. Chicago-based TechNexus Venture Collaborative led the round with participation from Tamarack Global, Mark Cuban, Illinois Ventures,
Johnson Matthey to Divest its Battery Materials Business to EV Metals Group
Johnson Matthey (JM), a sustainable technology company, agreed to sell part of its Battery Materials business to EV Metals Group, a battery chemical, and technology
Britishvolt Acquires Battery Cell Manufacturer EAS for $38 Million
Battery cell technology company Britishvolt has signed a sale purchase agreement (SPA) with Monbat Group to acquire its battery cell manufacturing subsidiary EAS at a
We Energies and Consortium Acquires a 200/110 MW Solar-Battery Project
The Public Service Commission of Wisconsin unanimously approved We Energies’ purchase of the Paris Solar-Battery project. We Energies, Wisconsin Public Service, and Madison Gas and
Corporate Funding for Battery Storage Companies Increases 159% with $17 Billion in 2021
Total corporate funding (including venture capital funding, public market, and debt financing) for the battery storage, smart grid, and energy efficiency sectors in 2021 was