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
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