Cylib, a Germany-based battery recycling startup, secured €55 million (~$59.79 million) in a Series A funding round co-led by World Fund and Porsche Ventures. The round
Apex Clean Energy Secures Funding for Energy Storage Projects in Texas
Apex Clean Energy, a renewable energy project developer, secured more than $150 million in project financing for two energy storage projects in Texas with First
Funding and M&A Roundup: Matrix Renewables Secures $322 Million Debt Funding
Matrix Renewables, a global renewable energy company, and Santander Corporate & Investment Banking closed a €300 million (~$322 million) corporate debt financing deal. Matrix secured
WElink Group Secures Financing for 1.6 GW Energy Storage Portfolio
WElink Group, a developer of PV Solar, Wind, BESS, and hybrid clean energy projects in Europe, secured a €20 million (~$21.57 million) borrowing base facility
Li Industries Secures $36 Million Series B Funding for Battery Recycling
Li Industries, a battery recycling company, secured $36 million in Series B funding to advance lithium-ion battery recycling solutions. Bosch Ventures, Khosla Ventures, and LG
Vesper Energy Sells Solar and Storage Project in California
Vesper Energy, a developer, owner, and operator of utility-scale renewable energy assets, announced the sale of the Deer Creek Renewable Energy project, a solar and
Pine Gate Renewables Secures $650 Million Capital Funding
Pine Gate Renewables, a solar project developer, secured a $650 million investment from Generate Capital, the Healthcare of Ontario Pension Plan (HOOPP), and HESTA. The
Exowatt Secures $20 Million for Addressing Data Center Energy Requirements
Exowatt, a provider of thermal energy solutions for data centers, secured $20 million in a seed funding round from a16z, Atomic, and Open AI’s Sam
Flow Battery Startup AQUABATTERY Secures $6.4 Million
AQUABATTERY, a Dutch startup specializing in developing saltwater long-duration energy storage solutions, secured a €6 million (~$6.4 million) seed investment led by EIT InnoEnergy and supported
Corporate Funding for Energy Storage Sector Totaled $11.7 Billion in Q1 2024
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