Finance and M&A
From: Mercom Capital Group Summit Ridge Energy, a solar project developer, announced the acquisition of 19 community solar projects totaling 100 MW across the...
A $1.3 billion financing package for the Faraday Solar project, a 682.5 MW ground-mounted solar facility in Utah County, Utah, in the U.S., was closed by Excelsior...
France-based independent power producer Technique Solaire has acquired five ground-mounted solar power projects with a combined capacity of 135.4 MW in Karnataka from...
From: Mercom Capital Group Emeren, a solar project developer, owner, and operator, announced the sale of a 410 MW energy storage portfolio comprising five battery energy...
From: Mercom Capital Group Hive Energy, a renewable energy project developer, has completed the sale of a 267 MW ‘Consortium’ portfolio comprising four individual solar...
SolarEdge, an Israel-based solar inverter manufacturer, recorded a net loss of $61.2 million in the third quarter (Q3) of 2023, a 348% year-over-year (YoY) drop from the...
From: Mercom Capital Group Ingka Investments, the investment arm of Ingka Group, acquired 300 MW of ready-to-build solar PV projects in Romania. The total investment in...
From: Mercom Capital Group Plus Power, a developer and owner of energy storage projects, announced the completion of $1.8 billion in new financing for the construction...
The total global corporate funding in the solar sector during the nine months (9M) of 2023, including venture capital (VC) investments, public market funding, and debt...
From: Mercom Capital Group Voltalia, a renewable energy power producer, sold its 420 MW solar project to Newave Energia, a partnership between Gerdau and Newave FIP in...
Renewable energy solutions provider KPI Green Energy is acquiring a 99.9% equity stake in solar power developer KPark Sunbeat for a consideration of ₹1.26 billion (~$15....
From: Mercom Capital Group Southern Power, a subsidiary of Southern Company, an electric utility, acquired 150 MW of the South Cheyenne Solar Project from Qcells USA....
From: Mercom Capital Group Recurrent Energy, a wholly-owned subsidiary of Canadian Solar and a utility-scale solar and energy storage project developer, closed project...
TotalEnergies, a French oil and gas major, will invest $300 million to form a new 50:50 joint venture with Adani Green Energy. The Board of Directors of Adani Green...
From: Mercom Capital Group Samsung C&T Renewables, a renewable energy development and investment company and the renewable energy corporation of South Korea’s...
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