battery

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Chemical Firm Himadri Invests $7 Million in Australian Battery Startup Sicona

India-based specialty chemical company Himadri has announced an investment of AU$10.32 million (~$7 million) in Australian startup Sicona Battery Technologies to produce...

June 1, 2023

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Gourav Mishra

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Energy Storage

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Market & Policy
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Funding and M&A Roundup: Peak Power Secures $35 Million for Energy Storage Expansion

From: Mercom Capital Group Peak Power, an energy storage software and services provider, announced the successful closing of $35 million in financing to ramp up its...

May 24, 2023

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Staff

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Markets & Policy

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Solar
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Project Finance Brief: EE North America Sells 350 MW Solar Project in Texas

From: Mercom Capital Group EE North America, a subsidiary of European Energy, a solar and wind project developer, agreed to sell a 350 MW utility-scale solar project in...

May 24, 2023

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Staff

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Finance and M&A

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Solar
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Solar Manufacturing Scaled Enough in 2022 to Meet 2030 Demand: IEA

The current global project pipeline for solar energy is capable of accommodating the deployment needs by 2030 if the utilization rates increase to 85% on average, under...

May 23, 2023

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Gourav Mishra

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Other

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Renewable Energy
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Solid Power’s Q1 Net Loss Widens to $19 Million on Higher R&D Expenses

Solid Power, which develops all-solid-state battery technology for electric vehicles (EV), said its net loss widened to $19.2 million in the first quarter (Q1) of 2023...

May 17, 2023

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Gourav Mishra

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Other

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Renewable Energy
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Project Finance Brief: Pivot Energy Secures $203 Million for Solar Projects

From: Mercom Capital Group Pivot Energy, a solar provider that develops, finances, builds, owns, and manages solar and energy storage projects, secured a $203 million...

May 17, 2023

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Staff

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Finance and M&A

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Solar
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Battery Storage Firm Flux Power’s Q3 Net Loss Narrows on Higher Sales Volume

The net loss of lithium-ion storage solutions provider Flux Power Holdings narrowed to $1.4 million in the third quarter (Q3) of the financial year (FY) 2022-23 compared...

May 15, 2023

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Gourav Mishra

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Energy Storage

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Market & Policy
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Energy Storage Firm Fluence Cuts Q2 Loss to $37 Million on Higher Deployments

Energy storage technology and services provider Fluence’s net loss narrowed to $37.4 million for the second quarter (Q2) of the financial year (FY) 2023 from a loss of...

May 12, 2023

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Gourav Mishra

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Energy Storage

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Market & Policy
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Daily News-Wrap Up: The TOPCon vs. MonoPERC Conundrum for Module Makers

Solar module technology has been evolving so rapidly that Indian manufacturers, relying on importing the production lines mainly from China, are caught between the fear...

May 10, 2023

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Mercom India

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Daily Wrap-up
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Project Finance Brief: ib vogt Sells 149 MW Solar Project in Spain

From: Mercom Capital Group ib vogt, a renewable energy project developer, has agreed to sell the 149 MW Garnacha solar project in Spain to ERG, a renewable energy...

May 10, 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: Voltalia Secures $32 Million for 140 MW Solar Project

From: Mercom Capital Group Voltalia, a renewable energy project developer, secured €29 million (~$32 million) in debt financing for the construction of a 140 MW of solar...

May 3, 2023

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Staff

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Finance and M&A

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Solar
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Daily News Wrap-Up: States Levying Water and Air Cess on Power Generation Illegal

The Ministry of Power has asked all state governments and union territories to withdraw any tax or duty on electricity generation, especially from hydro projects, after...

May 2, 2023

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Mercom India

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Daily Wrap-up
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Enphase Energy’s Q1 Profit Surges 183% to $147 Million on Higher Shipments

Enphase Energy, a microinverter-based solar and storage systems supplier, posted a 183% year-over-year (YoY) surge in profit at $147 million for the first quarter (Q1)...

April 28, 2023

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Gourav Mishra

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Finance and M&A

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Solar
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Daily News Wrap-Up:  Bidding Calendar Issued for 50 GW of Solar, Wind, RTC Projects in FY24

The Ministry of New & Renewable Energy (MNRE) has issued an agency-wise bidding calendar for 50 GW of renewable energy projects for the current financial year (FY...

April 26, 2023

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Mercom India

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Daily Wrap-up
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Project Finance Brief: X-ELIO Closes $112 Million Funding for Solar Projects in Spain

From : Mercom Capital Group Solar project developer X-ELIO closed a €102 million (~$112 million) financing deal for Los Llanos I, II, and III solar projects, totaling...

April 26, 2023

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Staff

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Finance and M&A

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Solar

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