Energy Storage Corporate funding in Energy Storage came to $11.7 billion in 29 deals in Q1 2024, an increase of 432% year-over-year (YoY) compared to
MGA Thermal Raises $5.7 Million in Additional Funding
MGA Thermal, a provider of thermal energy-based long-duration energy storage systems, secured $5.7 million in Additional funding. The round included existing investors Main Sequence and
Funding and M&A Roundup: Nexamp Secures $520 Million
Nexamp, a developer of solar and storage projects, secured $520 million in a funding round led by Manulife Investment Management, alongside existing investors Diamond Generating
Torus Closes $67 Million to Advance Energy Storage
Torus, a Utah-based energy storage solutions provider, has secured $67 million in new equity, conversion of outstanding notes, and a loan facility. Origin Ventures, a
OX2 Sells 42.5 MW Energy Storage Project in Sweden
OX2, a solar and energy storage project developer, reached an agreement to sell the 42.5 MW/ 42.5 MWh Bredhälla energy storage project in Sweden to
MN8 Energy Announces Closing of $325 Million Private Placement
MN8 Energy, an independent renewable energy power producer, announced the closing of its private placement, raising $325 million through the issuance and sale of shares
Lightshift Energy Secures $100 Million Financing for Energy Storage Projects
Energy Storage developer Lightshift Energy (formerly Delorean Power), secured $100 million from Greenbacker Capital Management (GCM), a renewable energy asset manager. Of the total funds
VH Global Sustainable Energy Acquires Solar and Storage Projects
VH Global Sustainable Energy Opportunities, a renewable energy investment firm, has agreed to acquire and develop two solar projects co-located with energy storage systems in
Silicon Battery Technology Startup Ionobell Raises $3.9 Million Financing
Ionobell, a silicon battery technology company, raised $3.9 million in a recent seed extension round led by Dynamo Ventures and Trucks VC, bringing the total
DTEK Group Acquires 133 MW Energy Storage Project in Poland
Private energy company DTEK Group, via its EU-focused renewable energy subsidiary DRI, signed a final, binding share purchase agreement with Columbus Energy, a Poland-based company engaged