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
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
Funding and M&A Roundup: Lithium Tech Firm Element3 Raises Seed Funding
Element3, a company that specializes in extracting lithium from oil and gas wastewater, announced that it has closed its seed investment round. The round was
Funding and M&A Roundup: Solar Cell Tech Firm Exeger Secures $38.4 Million
Exeger, a developer of solar cell technology, secured a €35 million (~$38.4 million) loan from the European Investment Bank. The loan was backed by the InvestEU
Funding and M&A Roundup: Sonnedix Secures $545 Million Loan Facility
Sonnedix, an independent solar power producer, secured a €500 million (~$545 million) loan facility to finance the construction of its renewable pipeline in Europe and
Funding and M&A Roundup: Solar Subscriptions Firm Sunsave Raises $6.8 Million
Sunsave, a UK-based solar subscription service provider, has raised £5.4 million (~$6.79 million) in funding to support the launch of Sunsave Plus, a service that
Funding and M&A Roundup: energyRe Raises $1.2 Billion for Renewable Expansion
energyRe, a renewable energy developer, raised $1.2 billion to support the expansion of its large-scale renewable energy portfolio comprising utility-scale transmission and storage, onshore wind
Funding and M&A Roundup: Energy Storage Company Fluence Raises $400 Million
Fluence, a provider of energy storage products and services, announced that it has entered into a four-year $400 million Asset Backed Lending (ABL) credit facility