Battery

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Spearmint Energy Acquires 900 MW Battery Storage Portfolio in Texas

Spearmint Energy, a green merchant trading company that develops, owns, and operates trading around battery energy storage systems (BESS), has acquired a portfolio of...

March 23, 2023

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Gourav Mishra

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Energy Storage

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Finance and M&A
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Project Finance Brief: Capital Dynamics Acquires 110 MW Solar Projects

From: Mercom Capital Group Capital Dynamics, a global asset management firm, acquired 110 MW solar projects in Italy. Two of the projects in the portfolio were acquired...

March 29, 2023

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Staff

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Finance and M&A

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Solar
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EnerVenue to Build Battery Gigafactory in Kentucky

EnerVenue, a California-based company specializing in metal-hydrogen batteries, plans to open a one-million-square-foot battery gigafactory in Shelby County, Kentucky....

March 29, 2023

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Arjun Joshi

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Energy Storage

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Finance and M&A
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Daily News Wrap-Up: Reliance, Tata, ReNew Among Winners for Solar PLI II

The Solar Energy Corporation of India (SECI) has declared the winners eligible to receive a total of ₹139.4 billion (~$1.69 billion) under Tranche II of the...

March 29, 2023

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Mercom India

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Daily Wrap-up
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Daily News Wrap-Up: POWERGRID Board Approves Raising ₹6 Billion Through Bonds

The Power Grid Corporation of India (POWERGRID) said it would raise unsecured, non-convertible, non-cumulative, redeemable, and taxable bonds worth ₹6 billion (~$72.86...

March 28, 2023

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Mercom India

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Daily Wrap-up
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LG Energy Solution to Invest $5.5 Billion in New Battery Plants in the US

Battery manufacturer LG Energy Solution plans to invest roughly KRW 7.2 trillion (~$5.5 billion) to build a battery manufacturing complex in Arizona, United States. The...

March 27, 2023

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Arjun Joshi

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Energy Storage

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Finance and M&A
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ACWA Power to Develop Solar and Energy Storage Projects in Uzbekistan

Saudi Arabia-based energy company ACWA Power has signed power purchase and investment agreements with  National Electric Grid of Uzbekistan, and the Ministry of...

March 24, 2023

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Gourav Mishra

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Other

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Renewable Energy
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Power Ministry’s Planning Led to Highest-Ever Budgetary Allocation: Committee

Allocation in the Union Budget 2023 to the Ministry of Power has increased 29% to over ₹160 billion (~$2 billion), the highest ever for the ministry, the parliamentary...

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Project Finance Brief: Leeward Secures $280 Million for 200 MW Solar Project

From: Mercom Capital Group Leeward Renewable Energy, a renewable energy project developer, closed $280 million in financing for its 200 MW Horizon solar project in Frio...

March 23, 2023

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Staff

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Finance and M&A

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Solar
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Project Finance Brief: CWP Europe Acquires 134 MW Solar Project in Romania

From: Mercom Capital Group CWP Europe, an international renewable energy project developer, acquired the 134 MW Studina solar project under development in Romania. The...

March 15, 2023

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Staff

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Finance and M&A

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Solar
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Researchers Find Solution to Manage Load in Solar PV & Storage Systems

Researchers at the Fraunhofer Institute for Solar Energy Systems (ISE) have developed a solution that combines power from renewable sources with electricity from the...

March 10, 2023

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Gautamee Hazarika

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Energy Storage

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Solar

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Technology
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Project Finance Brief: EDF Acquires 529 MW Solar Portfolio in Germany

From: Mercom Capital Group EDF Renewables, an independent power producer and services provider, acquired a 529 MW portfolio of development-stage solar projects in...

March 9, 2023

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Staff

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Finance and M&A

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Solar
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Engineers Unveil Novel Thermal Battery for Decarbonization Applications

Researchers at Lehigh University, with support from the United States Department of Energy (DOE), have developed a new thermal energy system – Lehigh Thermal Battery...

March 6, 2023

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Gautamee Hazarika

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Energy Storage

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Technology
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Eos Energy’s Q4 Loss Widens YoY to $56.6 Million on Higher Interest Expenses

The net loss of Eos Energy, a sustainable zinc-based energy storage solutions provider, widened to $56.6 million for the fourth quarter (Q4) of the financial year (FY)...

March 2, 2023

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Gourav Mishra

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Energy Storage

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Finance and M&A
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Solid Power Records $9.6 Million Loss in FY22 on Higher Operational Expenses

Developer of all-solid-state battery technology for electric vehicles (EV) Solid Power posted a net loss of $9.5 million for the financial year (FY) 2022 against a...

March 1, 2023

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Gourav Mishra

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Electric Vehicles

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Finance and M&A

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