Eddy Grid, an energy storage startup, secured €1.5 million (~$1.63 million) in a funding round led by the Graduate Entrepreneur fund, Herberth Samsom, alongside Rockstart’s
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
Solar Companies Raise $34.3 Billion in Corporate Funding in 2023, the Largest Amount in a Decade
Total corporate funding, including venture capital (VC) funding, public market, and debt financing into the solar sector, increased 42% year-over-year (YoY) in 2023, with $34.3
Funding and M&A Roundup: BESS Developer NineDot Raises $225 Million
NineDot Energy, a developer of community-scale battery energy storage systems (BESS), has secured a $225 million equity capital commitment from Manulife Investment Management along with
Genesis Energy Closes Financing for 63 MW Solar Project in New Zealand
Genesis Energy, a New Zealand-based power and gas utility company and joint venture partner, FRV Australia, completed the financial close on the 63 MW solar
Energy Storage Company Cactos Raises $28 Million
Cactos, a developer of energy storage systems, has secured over €26 million (~$28 million) in equity funding from OP Finland Infrastructure and the Finnish Climate
Energy Storage Project Developer NineDot Raises $225 Million
NineDot Energy, a developer of community-scale battery energy storage systems (BESS), has secured a $225 million equity capital commitment from Manulife Investment Management along with
Mytilineos Secures Financing for a 588 MW Solar Portfolio in Chile
Mytilineos, a Greek industrial conglomerate, has reached the financial close for its 588 MW non-recourse solar park portfolio in Chile. The financing was secured from
Funding and M&A Roundup: BrightNight Secures $375 Million to Expand RE Portfolio
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
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,