Northvolt, a Sweden-based manufacturer of lithium-ion batteries, received around CAD 200 million (~$150 million) from CDPQ. The funding is in the form of a convertible debt, which will
Battery Management Company Element Energy Secures $111 Million
Element Energy, a battery management technology company, closed $111 million in funding comprising a $73 million Series B equity investment and a $38 million debt
Project Finance Brief: Emeren Sells 3.8 GWh Battery Energy Storage Portfolio
Emeren, a solar project developer, owner, and operator, announced the sale of a 410 MW energy storage portfolio comprising five battery energy storage projects in
Funding and M&A Roundup: Rooftop Solar Installer Otovo Raises $41 Million
Otovo, a Norway-based residential rooftop solar installer, has raised NOK450 million (~$41 million) in a funding round led by existing investors Å Energi, Axel Johnson
Emeren Group Sells 410 MW Battery Energy Storage Portfolio
Emeren, a solar project developer, owner, and operator, announced the sale of a 410 MW energy storage portfolio comprising five Battery Energy Storage Systems (BESS)
Aypa Power Secures $550 Million Financing for Energy Storage Projects
Aypa Power, a Blackstone portfolio company that develops, owns, and operates utility-scale energy storage and hybrid renewable energy projects, secured $550 million in debt and
Funding and M&A Roundup: Princeton NuEnergy Raises $16 Million Series A Funding
Princeton NuEnergy, a battery recycling company, has announced the initial closing of its Series A funding round, raising $16 million. The round was led by
EQT To Acquire Battery Storage Developer and Operator Statera
EQT, a private equity firm, through its EQT Infrastructure VI fund, has agreed to acquire Statera Energy, a UK-based battery storage and flexible generation infrastructure developer
Pacific Green Secures $146 Million for 249 MW Energy Storage Project
Pacific Green Technologies, an energy storage project developer, secured £120 million (~$146 million) senior debt facility for 249 MW/ 373.5 MWh Sheaf Energy Park battery
Silicon Battery Company Evonix Acquires Routejade
Enovix Corporation, a silicon battery company, announced the acquisition of privately held Routejade, a Korean battery manufacturer. The acquisition provides Enovix with vertical integration of