Equinor, a renewable energy company, signed an agreement to acquire a 100% stake in East Point Energy, a battery storage developer in the US. The
Northvolt Raises $1.1 Billion to Support Factory Rollout Plans in Europe
Sweden-based lithium-ion battery manufacturer Northvolt signed a $1.1 billion convertible note to finance its expansion of battery cell and cathode material production in Europe to
Funding and M&A Roundup: Solar Developer Intersect Power Secures $750 Million in Funding
United States-based large-scale renewable energy project developer Intersect Power secured a $750 million growth equity investment led by TPG Rise Climate, with additional participation from existing investors, Climate Adaptive Infrastructure (CAI),
Project Finance Brief: Nordic Solar Acquires 220 MW of Solar Projects in Sweden
Helios Nordic Energy, a developer of large-scale PV solar projects, has entered into an agreement with a Danish solar energy company Nordic Solar, to acquire
Project Finance Brief: Matrix Secures $92 Million Funding for Gaskell Solar Projects
Matrix Renewables, the TPG Rise-backed global renewable energy platform, has signed a $92 million tax equity funding for the Gaskell West 2 and Gaskell West
Sunlight Group Secures $158 Million Loan from National Bank of Greece
Sunlight Group, a provider of energy storage systems, has received a €150 million (~$158 million) loan from the National Bank of Greece. The loan agreement has
Energy Dome Raises $11 Million in Bridge Funding Round
Energy Dome, a provider of utility-scale long-duration energy storage solutions, raised $11 million in a bridge funding round. The convertible funding was led by the
NEU Battery Materials Secures $0.5 Million in Seed Funding
Singapore-based start-up NEU Battery Materials, a lithium recycling company, raised S$800,000 (~$0.54 million) in a seed funding round. Momentum Venture Capital and Se-cure Waste Management led
Posh Raises $3.8 Million in Seed Funding for EV Battery Recycling
Posh, a startup that automates EV battery recycling to build sustainable energy storage solutions, has raised $3.8 million in a seed funding round. Y Combinator-backed
Project Finance Brief: Recurrent Energy Acquires Two 200 MWh Energy Storage Projects
Recurrent Energy, a wholly-owned subsidiary of Canadian Solar, acquired two standalone energy storage projects from Black Mountain Energy Storage. The projects are in the South