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
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