Total corporate funding into the solar sector in Q1 2024 came to $8.1 billion in 41 deals, a 4% decline year-over-year (YoY) compared to the
Renewable Investment Company SolaREIT Secures $30 Million
SolaREIT, a renewable energy real estate investment company, closed a revolving credit facility of $30 Million with Atlantic Union Bank (AUB). This debt funding will
Highfield Solar Secures $70 Million in Financing for Ireland Solar Project
Highfield Solar, a solar project developer, secured a €65 million (~$70.45 million) debt facility to construct and operate the 93 MW Gaskinstown solar PV project
Greenalia Secures $200 Million Three-Year Credit Facilities
Greenalia, a Spanish developer of renewable power projects, secured $200 million of three-year credit facilities to support the development of its 1.9 GW solar and
Venture Capital Funding in Energy Storage Increases 59% Year-over-Year, with a Record $9.2 Billion in 2023
Energy Storage Venture capital (VC/PE) funding in Energy Storage in 2023 was the highest ever recorded, increasing 59% year-over-year (YoY), with $9.2 billion in 86
Battery Manufacturer Northvolt Secures $5 Billion Loan
Northvolt, a Sweden-based manufacturer of lithium-ion batteries, announced the signing of a $5 billion non-recourse project financing to expand its battery gigafactory, Northvolt Ett, in
Aquila European Renewables Secures $55 Million Loan from ING Bank
Aquila European Renewables (AER), an investment company focusing on renewable energy technologies, secured a five-year debt facility of €50 million (~$55 million) from ING Bank,
Independent Power Producer BrightNight Secures $375 Million
BrightNight, an independent power producer, announced the completion of a $375 million corporate credit facility to expand its ~31 GW renewable energy portfolio in the
Enviromena Secures $342 Million Debt Facility
Enviromena, a clean energy solutions company, secured £270 million (~$342 million) in funding to expand its solar portfolio. The company has agreed to a £200
Primergy Secures $300 Million Financing for 100 MW Solar Project
Primergy Solar, a developer, owner, and operator focused on distributed and utility-scale solar PV and battery storage projects, secured $300 million in debt and tax