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Storage

Smart Grid companies brought in $1.8 billion in 1H 2023
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  • Tag: Storage
Greenflash Acquires 200 MW/400 MWh Battery Storage Project in Texas

Total Corporate Funding into Energy Storage Came in at $7.1 Billion in 1H 2023, Reports Mercom Capital Group

  • July 18, 2023
  • Arjun Pradeep
  • Smart Grid, Storage

Energy Storage Corporate funding in Energy Storage bounced back in Q2 2023 with $4.9 billion raised in 32 deals, a 126% increase quarter-over-quarter (QoQ). Funding

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Invenergy Secures $215 Million for 240 MW Ohio Solar Project

Project Finance Brief: Grenergy Raises $148 Million to Fund Solar Projects in Chile

  • July 12, 2023
  • Arjun Pradeep
  • Solar, Storage

Grenergy, a solar, wind, and storage independent power producer, secured $148 million in green financing for the Gran Teno and Tamango solar power projects located

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Funding and M&A Roundup Microgrid Solutions Provider Nuru Raises $40 Million

Funding and M&A Roundup: Microgrid Solutions Provider Nuru Raises $40 Million

  • July 05, 2023
  • Arjun Pradeep
  • Solar, Storage

Nuru, a provider of microgrids solutions, raised over $40 million in Series B equity funding. The funding will enable the company to develop new projects

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Stem Acquires Solar Monitoring Software Assets from raicoon

GM Acquires Battery Software Startup ALGOLiON

  • July 04, 2023
  • Sohini Aich
  • Storage

General Motors announced the acquisition of ALGOLiON, a company specializing in battery software for electric vehicles (EVs). The financial terms were not disclosed. The acquisition was led

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Funding and M&A Roundup: Suniva Raises $835 Million

Funding and M&A Roundup: Battery Manufacturer Northvolt Raises $400 Million

  • June 28, 2023
  • Arjun Pradeep
  • Solar, Storage

Northvolt, a battery manufacturer, received a $400 million investment from the Investment Management Corporation of Ontario, a Canadian pension fund manager, in collaboration with Global

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Stem Acquires Solar Monitoring Software Assets from raicoon

Applied Value Group Acquires Solar and Storage Installer ES Solar

  • June 27, 2023
  • Sohini Aich
  • Solar

Applied Value Group, an Investment, Management Consulting, and Social Impact group, has announced its acquisition of ES Solar, a residential and commercial solar and battery installer.

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Funding and M&A Roundup: Tandem PV Raises $50 Million

Recurrent Energy Secures $164 Million in Debt Funding

  • June 27, 2023
  • Arjun Pradeep
  • Solar, Storage

Recurrent Energy – a utility-scale solar and energy storage developer and a subsidiary of Canadian Solar – secured a €150 million (~$164 million) multicurrency facility from

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Grenergy Raises $196 Million in Green Bond Issue

Australian Battery Manufacturer Sicona Raises $15 Million in Series A Funding

  • June 20, 2023
  • Sohini Aich
  • Storage

Sicona Battery Technologies, a company that develops advanced battery materials for lithium-ion batteries, secured A$22 million (~$15 million) in Series A funding to expand its

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Spearmint Energy Secures $200 Million Loan for BESS Storage Projects in Texas

  • June 13, 2023
  • Sohini Aich
  • Storage

Spearmint Energy, a green merchant trading company developing, owning, operating, and trading around Battery Energy Storage, closed a $200 million credit facility with Aiga Capital

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Battery Technology Company About: Energy Secures $1.8 Million Seed Funding

  • June 12, 2023
  • Sohini Aich
  • Storage

About: Energy, a London-based battery technology company, raised £1.5 million (~$1.8 million) in seed funding to accelerate the development and commercialization of its software platform,

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