Storage Archives - Page 4 of 58 - Mercom Capital Group

Investor Greg Skinner Acquires 50% Stake in Ethical Power Group

January 07
Staff
Solar

Ethical Power Group, a solar and energy storage project developer, announced that quant investor Greg Skinner acquired a 50% stake in the company from Hive

TPG to Acquire Solar Project Developer Altus Power

EDPR Sells 49% Stake in Solar Portfolio and Storage Project

January 07
Staff
Solar, Storage

EDP Renováveis (EDPR), a renewable energy power producer, announced the signing of a sale and purchase agreement with a global energy company to sell a

ib vogt Sells 780 MW Solar and Storage Project Portfolio in Greece

ContourGlobal Acquires 888 MW Hybrid Solar Plus Storage Project

January 03
Staff
Solar, Storage

ContourGlobal, a renewable energy power generation company, has announced the acquisition of an advanced-stage solar-plus-storage project with a total capacity of 888 MW. The project

ORIT Secures $125 Million Five-year Term Loan Facility

Aypa Power Secures $190 Million Financing for Battery Storage Project

January 03
Staff
Storage

Aypa Power, a Blackstone portfolio company that develops, owns, and operates utility-scale energy storage and hybrid renewable energy projects, announced the closing of a $190

Funding and M&A Roundup: SmartSolar Raises $1.8 Million in Seed Funding ORIT secures $125 million five-year term loan facility SmartSolar, a rooftop solar solution provider, has raised $1.85 million in seed funding. The funding was led by Picus Capital and 2degrees, along with participation from early-stage venture capital firm Iterative. With this funding, the company plans to accelerate its growth in Vietnam and expand its footprint across Southeast Asia. The company offers rooftop solar solutions designed to help businesses cut down on electricity costs. Octopus Renewables Infrastructure Trust, an investment company, announced that it has signed a £100 million (~$125 million) five-year term loan facility with three of its existing lenders, Santander, National Australia Bank, and Allied Irish Banks. The funding will be used to pay down a portion of the existing and more expensive Revolving Credit Facility (RCF) debt. According to ORIT, it has drawn £151.2 million (~$191 million) on the RCF so far. Vidyut, an electric vehicle ecosystem platform, has raised $2.5 million in funding from global investor Flourish Ventures. The company will utilize the acquired funds to expand its Battery-as-a-Service offering in passenger and commercial EV segments. By unbundling batteries from EVs and offering them on a pay-per-km subscription basis, Vidyut claimed it had reduced upfront electric three-wheeler costs by 35-40%. For reports and trackers on funding and M&A transactions in solar, energy storage, and smart grid sectors, click here. Read last week's funding roundup. Tags: Vidyut, Octopus Renewables Infrastructure Trust, SmartSolar, solar, funding

Funding and M&A Roundup: Sunairio Raises $6.4 Million in Funding

January 02
Staff
Solar, Storage

Sunairio, a weather intelligence platform developer for renewable energy prediction, announced the closing of an oversubscribed $6.4 million funding round. This closing brings the total funding

Funding and M&A Roundup: EQT to Acquire Scale Microgrids

Enlight Secures $550 Million Financing for Solar Plus Storage Project

December 25
Staff
Solar

Enlight Renewable Energy, a renewable energy project developer, announced the closing of $550 million debt financing for the project Roadrunner, located in the Sulphur Springs

Funding and M&A Roundup: Energy Storage Company Tyba Raises $13.9 Million

Funding and M&A Roundup: EV Charging Platform JET Charge Receives $45 Million

December 25
Staff
Smart Grid, Solar, Storage

JET Charge, an EV charging solutions provider, has secured A$72 million (~$45 million) in funding. The funding was led by Mirova, an affiliate of Natixis

AES Chile Acquires 171 MW Solar Project in Chile

Recurrent Energy Secures Financing for 171 MW Solar Project in Australia

December 23
Staff
Solar

Recurrent Energy, a solar and energy storage project developer and a wholly owned subsidiary of Canadian Solar, announced the financial closure of the Carwarp Energy

Adapture Renewables Acquires 110 MW Solar and Storage Project

Origis Energy Secures $533 Million Financing for Solar and Storage Projects

December 20
Staff
Solar, Storage

Origis Energy, a vertically integrated renewable energy platform provider and solar project developer announced closing $533 million in a construction financing facility, bridge loan facility,

Funding and M&A Roundup: Scale Microgrids Secures $150 Million

December 18
Staff
Smart Grid, Solar, Storage

Scale Microgrids, a commercial-scale distributed energy developer, closed a tax equity transaction with Truist Bank of up to $150 million. The company designs, builds, owns,