From: Mercom India Otovo, a distributed energy services provider, has raised $7.25 million through a private placement to help finance its proposed acquisition of Israel-based
Eiffel Investment Group to Acquire 50% Stake in Solar and Storage Portfolio
From: Mercom India Eiffel Investment Group, an independent asset manager, through its infrastructure funds, has agreed to acquire a 50% interest in a Norwegian portfolio
Energy Storage Startup Photoncycle Closes $17 Million
Photoncycle, a hydrogen-based energy storage solutions provider, has raised €15 million (~$17 million) in a Series A funding round, led by NordicNinja, a Japan-backed venture
Norfund to Invest $60 Million in Indian Waste-to-Energy Company SAEL
Norway’s development finance institution Norfund said it will invest about NOK 600 million (~$60.5 million) in the Indian solar and agricultural waste-to-energy company SAEL. The