From: Mercom India Siemens, a German-based multinational conglomerate that is also involved in the transmission and generation of power, has signed an agreement to acquire
EV Charging Solutions Provider JOLT Energy Raises $162 Million in Funding
JOLT Energy, a provider of EV charging solutions, has secured a €150 million (~$162 million) investment from InfraRed Capital Partners, an infrastructure fund manager. The
French EV Charging Company Driveco Raises $273 Million in Funding
Driveco, a provider of EV charging solutions, raised €250 million (~$273 million) from APG, an institutional investor. The funding round also saw the participation of
EV Battery Inspection Startup Liminal Raises $17.5 Million In Funding
Liminal, an EV battery inspection startup, announced a successful $17.5 million Series A2 funding round. The investment round was led by climate tech fund ArcTern
Shell to Acquire US-based EV Charging Firm Volta for $169 Million
From: Mercom India Shell USA, a subsidiary of the oil major Shell, has acquired Volta, a U.S.-based Electric Vehicle (EV) Infrastructure company, in an all-cash
Energy Storage Firm Cactos Raises $2.6 Million in Equity and Debt Funding
Cactos, a Finland-based producer of smart energy storage systems, raised a total of €2.5 million (~$2.6 million) in equity and debt funding. The round was
Funding and M&A Roundup: CDPQ Invests $135 Million in Renewables Developer Shizen Energy
Shizen Energy, a renewable energy project developer, received ¥20 billion (~$135 million) investment from CDPQ, a global investment group. Shizen Energy and CDPQ have also
Funding and M&A Roundup: Yellow Door Energy Closes $400 Million Equity Funding Round
Yellow Door Energy (YDE), a UAE-based solar developer, announced the closing of $400 million equity to continue its development of sustainable energy projects in the
Electric Vehicle Manufacturer Nikola Acquires Romeo Power
Nikola Corporation, a manufacturer of heavy-duty commercial battery-electric vehicles, fuel-cell electric vehicles, and energy solutions, and Romeo Power, an energy storage technology company, announced they have
KORE Power Acquires a 4.22% Stake in ZEVx
U.S.-based KORE Power, a manufacturer of lithium-ion battery cells, acquired a 4.22% stake in ZEVx, an EV start-up and a provider of EV conversion kits