Sonnedix, an independent solar power producer, secured a €260 million (~$280 million) green loan to finance the acquisition and construction of renewable energy projects in
Funding and M&A Roundup: Volvo Group Acquires Battery Business for $210 Million
The Volvo Group announced the acquisition of the battery business from electric vehicle (EV) company Proterra and Proterra Operating Company. The deal was valued at $210 million before adjustment
Azul Energy Raises $3.2 Million Series A Funding
AZUL Energy, a developer of catalytic electrodes for fuel cells and metal-air batteries, raised ¥475 Million ($3.2 Million) in Series A Funding led by Spiral
Vesper Energy Secures $590 Million Financing for Hornet Solar Project
Vesper Energy, a developer, owner, and operator of utility-scale renewable energy projects, secured $590 million in debt financing for the Hornet solar project in Texas.
Funding and M&A Roundup: EV Charging Platform Monta Secures $87 Million
Monta, an EV charging solutions provider, announced the close of an €80 million (~$87 million) Series B financing round, bringing the company’s total funding to
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
Funding and M&A Roundup: 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
Energy Storage Startup Eddy Grid Raises $1.6 Million
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