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
Westbridge Energy Acquires 70% Controlling Interest in Sunnynook Solar Energy
Canada-based Westbridge Energy, a renewable energy company focused on developing utility-scale solar PV projects, has acquired a 75% controlling interest in Sunnynook Solar Energy. Sunnynook
Thermal Energy Storage Systems Company Sunamp Raises $8 Million
Sunamp, a provider of thermal energy storage systems, has raised £6 million (~$8.21 million) in Series B funding from the Scottish National Investment Bank. Sunamp plans