From: Mercom India Holyvolt, a battery materials discovery company, has raised $45 million in funding from investors, including Zone II, CC.VC, and angel investors from
Alight Acquires 2 GW Solar Portfolio in Sweden from Soltech Energy
From: Mercom India Nordic solar developer and independent power producer Alight has acquired 40 large-scale solar projects in southern Sweden from Soltech Energy Solutions, a
Rebaba Raises $4.6 Million to Expand Second-Life Battery Storage in Europe
From: Mercom India Rebaba, a Swedish company that develops second-life battery energy storage systems using repurposed EV batteries, has raised $4.6 million (SEK 44.1 million)
Solar Tracker Startup Vaja Raises $3.5 Million in Seed Funding
From: Mercom India Sweden-based Vaja has raised €3.1 million (~$3.58 million) in seed funding to support the market entry and validation of its vertical single-axis
Svea Solar Utility Secures $216 Million for Solar and Storage Projects
From: Mercom India Svea Solar Utility, an independent renewable power producer, has secured a holding company (HoldCo) financing facility of up to €185 million (~$216
Lyten Acquires Battery Manufacturing Assets from Northvolt Sweden
Lyten, a lithium-sulfur battery developer, has completed the acquisition of energy storage solutions provider Northvolt’s battery business assets in Sweden, totaling nearly $5 billion in value,
RES Sells 70 MW Battery Energy Storage Project in Sweden
RES, a U.K.-based independent renewable energy developer, announced the completion of the sale of a fully ready-to-build 70 MW/160 MWh battery energy storage project in
Alight Secures $123 Million Debt Financing for Solar Projects in Sweden
Alight, an independent solar power producer, announced the financial closure of €110 million (~$122.56 million) senior debt portfolio financing with the Dutch lender Rabobank. The
Axpo Acquires Solar and Battery Project in Sweden
Axpo, a solar and battery storage project developer, acquired a battery and solar project in Sweden from project developer Sustainable Energy Solutions Sweden (SENS) for
EEW Sells 42 MW of Solar Project in Sweden
EEW, an independent renewable energy project developer, sold a 42 MW solar PV project in Sweden to a large Sweden-based solar and wind project developer.