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
Battery Manufacturer Morrow Batteries Raises $106 Million in Funding
Morrow Batteries, a Norwegian battery manufacturer, secured €100 million (~$106 million) in a funding round. Siemens Financial Services and ABB led the round with Nysnø Climate
ChargePoint Raises $300 Million in Financing
ChargePoint, a provider of an open electric vehicle charging network, announced that Antara Capital has agreed to make a $300 million investment in the company
SPAN Raises $90 Million in Series B Funding
SPAN, a developer of a smart connected electrical panel, raised $90 million in a Series B funding round, bringing the company’s total funding to date
Israeli Battery Technology Firm StoreDot Secures Investment from Ola Electric
StoreDot, a nanotechnology and fast-charging energy storage technology developer using a new generation of lithium-ion batteries, secured investment from Ola Electric, an Indian electric two-wheeler
Battery Storage Firm Zenobe Raises $326 Million for EV Expansion
Zenobe Energy (formerly known as Battery Energy Storage Solutions), a developer, operator, and owner of battery storage assets in the U.K., has secured a multi-source
Funding and M&A Roundup: Shell to Buy Residential Renewables Retailer Inspire Energy
Shell New Energies US, a subsidiary of Royal Dutch Shell, signed an agreement to buy 100% of the equity interests of Inspire Energy Capital, a renewable energy
Funding and M&A Roundup: Aker Horizons Acquires Mainstream Renewable Power
Aker Horizons, an investment company, closed the transaction to acquire Mainstream Renewable Power, an independent renewable energy company. Existing Mainstream shareholders have re-invested and retained 25% ownership in
Funding and M&A Roundup: Loanpal Closes Largest Residential Solar Securitization Deal
Loanpal, a residential solar financing company, announced that it had closed a securitization of approximately $434 million worth of Loanpal solar loans previously purchased by Goldman Sachs, Blackstone