Sprng Energy, IB Vogt, Hinduja, Blupine Win GUVNL’s 500 MW Solar Auction

Project Finance Brief: Sonnedix Acquires 136 MW Solar Project Portfolio in Spain

From: Mercom Capital Group Sonnedix, an independent power producer, has acquired a 136 MW solar project in Spain from Qualitas Energy, an investment firm focused on renewable energy, energy transition, and sustainability investments ...
/ / Finance and M&A, Solar
Hecate Energy Secures $550 Million to Support Renewables Expansion

Hecate Energy Secures $550 Million to Support Renewables Expansion

U.S.-based Hecate Energy, a developer of renewable projects and provider of energy storage solutions, closed a five-year $550 million credit facility package, including a $250 million term loan and $300 ...
Funding and M&A Roundup SunRoof Raises $30.8 Million to Fund Expansion Plans

Funding and M&A Roundup: SunRoof Raises $30.8 Million to Fund Expansion Plans

From: Mercom Capital Group SunRoof, a Sweden-based rooftop solar systems provider, announced a €13.5 million (~$14.6 million) extension with a new investment taking its total growth funding round to €28.5 ...
/ / Finance and M&A, Other
Project Finance Brief: Sol Systems Acquires 190 MW Solar Project in Texas

Project Finance Brief: Sol Systems Acquires 190 MW Solar Project in Texas

From: Mercom Capital Group Sol Systems, a solar finance and development company, acquired a 190 MW solar development project in Uvalde County, Texas, from ABEI Energy, an independent power producer. The acquisition was ...
/ / Finance and M&A, Solar
Funding-and-MA-Roundup-Solar-and-Battery-Leasing-Firm-Enpal-Raises-233-Million

Funding and M&A Roundup: Solar and Battery Leasing Firm Enpal Raises $233 Million

From: Mercom Capital Group Enpal, a German-based solar and battery leasing solutions company, secured €215 million (~$233 million) in series D funding led by TPG Rise Climate to support the ...
/ / Finance and M&A, Other
Project Finance Brief: Nautilus Acquires 54 MW Solar Projects in New York

Project Finance Brief: Nautilus Acquires 54 MW Solar Projects in New York

From: Mercom Capital Group Nautilus, a New Jersey-based independent solar power producer, on behalf of its affiliate Nautilus U.S. Power Holdco, announced the acquisition of 54 MW of solar projects ...
/ / Finance and M&A, Solar
Daily News Wrap-Up REC India Commits ₹10 Billion for Renewable Projects in MP

Daily News Wrap-Up: REC India Commits ₹10 Billion for Renewable Projects in MP

Here are some noteworthy cleantech developments from around the world: REC India, a central public sector undertaking under the Ministry of Power, signed a memorandum of understanding with Rewa Ultra ...
/ / Other, Renewable Energy
Daily News Wrap-Up: Shell to Build 1,000 MWh Battery Energy Storage Project

Daily News Wrap-Up: Shell to Build 1,000 MWh Battery Energy Storage Project

Here are some noteworthy cleantech developments from around the world: Shell Energy Australia in partnership with Greenspot, a privately owned New South Wales (NSW) group, has acquired the development rights ...
/ / Other, Renewable Energy
Industry Expects Electric Vehicle Sales to Build on Blockbuster 2022

Industry Expects Electric Vehicle Sales to Build on Blockbuster 2022

The electric vehicle (EV) industry is entering the new year on the back of blockbuster sales in 2022 when it clocked one million units, a growth of over 300%, as ...
Daily News Wrap-Up: Hitachi Energy to Offer Solutions to 1.44 GW Offshore Wind Farms

Daily News Wrap-Up: Hitachi Energy to Offer Solutions to 1.44 GW Offshore Wind Farms

Here are some noteworthy cleantech developments from around the world: Hitachi Energy bagged two orders from Equinor and Polenergia to provide an AC grid connection and power quality solutions for ...
/ / Other, Renewable Energy
Daily News Wrap-Up: Neoen Begins 200 MW Battery Project in Australia

Daily News Wrap-Up: Neoen Begins 400 MWh Battery Project in Australia

Here are some cleantech developments from around the world: France-based independent power producer Neoen announced the start of the construction for its 200 MW/400 MWh Blyth Battery project in the ...
/ / Other, Renewable Energy
Central Government Issues Tender To Supply 4,675 e-Buses

Central Government Issues Tender To Supply 4,675 e-Buses

Convergence Energy Services (CESL), a wholly-owned subsidiary of Energy Efficiency Services (EESL) has issued a tender to select bus operators for the procurement, supply, and maintenance of 4,675 electric buses ...
/ / Electric Vehicles, Grid
Daily News Wrap-Up: SJVN to Build 382 MW Hydropower Project in Himachal Pradesh

Daily News Wrap-Up: SJVN to Build 382 MW Hydropower Project in Himachal Pradesh

Here are some noteworthy cleantech updates from across the world: The Cabinet Committee on Economic Affairs approved the 382 MW Sunni Dam hydroelectric project in Himachal Pradesh by SJVN. The ...
/ / Other, Renewable Energy
Project Finance Brief MYTILINEOS Raises $159 Million for Solar Projects

Project Finance Brief: MYTILINEOS Raises $159 Million for Solar Projects

From: Mercom Capital Group MYTILINEOS, a global industrial and energy company, reached financial close with lenders ANZ and Westpac on the non-recourse portfolio financing structured as a combination of term ...
/ / Finance and M&A, Solar
Significant Developments in India’s Energy Storage Sector in 2022

Significant Developments in India’s Energy Storage Sector in 2022

India’s energy storage sector witnessed significant developments in 2022, which included the government issuing guidelines for the use of batteries as part of the generation, transmission, and distribution assets, the ...
Project Finance Brief: Primergy Closes $75 Million Credit Facility from Rabobank

Project Finance Brief: Primergy Closes $75 Million Credit Facility from Rabobank

From: Mercom Capital Group Primergy Solar, a U.S.-based utility-scale and distributed solar and storage company, has closed a $75 million revolving credit facility from Rabobank to develop a pipeline of solar and ...
/ / Uncategorized
World Bank to Provide $311 Million for Solar & Storage Projects in West Africa

World Bank to Provide $311 Million for Solar & Storage Projects in West Africa

The World Bank Group has approved $311 million in International Development Association (IDA) financing from its new Regional Emergency Solar Power Intervention Project (RESPITE) to install and operate solar, battery ...
/ / Other, Renewable Energy
Project Finance Brief: SunVest Secures Financing for 56 MW of Solar Projects

Project Finance Brief: SunVest Secures Financing for 56 MW of Solar Projects

From: Mercom Capital Group SunVest Solar, a solar project developer, announced closing a $113 million debt facility and $41 million tax equity for 56 MW of solar projects in Illinois, Maine, Minnesota, ...
/ / Finance and M&A, Solar
Daily News Wrap-Up KEC International Bags Order for 500 MW Solar Project in India

Daily News Wrap-Up: KEC International Bags Order for 500 MW Solar Project in India

Here are some noteworthy cleantech announcements of the day from around the world: Global infrastructure engineering, procurement, and construction company KEC International secured a large order for a 500 MW ...
/ / Other, Renewable Energy
Daily News Wrap-Up: Sungrow Signs 638 MWh Energy Storage Contract With Engie

Daily News Wrap-Up: Sungrow Signs 638 MWh Energy Storage Contract With Engie

Here are some noteworthy cleantech announcements of the day from India and around the world Sungrow has signed a contract with ENGIE to supply a 638 MWh liquid-cooled energy storage ...
/ / Other, Renewable Energy
IIT Kanpur-Backed Company Launches Floating Solar Grid to Power Boats

IIT Kanpur-Backed Company Launches Floating Solar Grid to Power Boats

Floating solution provider Acquafront Infrastructure has developed ‘i-Ghat,’ a futuristic project to power boats with solar energy instead of diesel at Kada Ghat, Kaushambi, in Uttar Pradesh. Acquafront originated at ...
Battery Tech Company Group14 Completes $614 Million Series C Funding Round

Battery Tech Company Group14 Completes $614 Million Series C Funding Round

Global manufacturer of advanced silicon battery technology Group14 Technologies said it has raised $214 million in additional financing and completed its $614 million series C funding round. The additional financing ...
Project Finance Brief: Lightsource bp Closes Financing for 515 MW Solar Farms in Australia

Project Finance Brief: Lightsource bp Closes Financing for 515 MW Solar Farms in Australia

From: Mercom Capital Group Lightsource bp, a solar project developer, closed a A$540 million (~$365 million) portfolio green financing package to help execute its 425 MW Wellington North and 90 MW Wunghnu ...
/ / Finance and M&A, Solar
Daily News Wrap-Up: NHPC-Awarded 320 MW Solar Project in Rajasthan Commissioned

Daily News Wrap-Up: NHPC-Awarded 320 MW Solar Project in Rajasthan Commissioned

Here are some noteworthy cleantech announcements of the day from India and around the world A 320 MW solar project in Rajasthan awarded by NHPC to Avaada Energy is fully ...
/ / Other, Renewable Energy
Neuron Energy to Invest ₹500 Million in Increasing Lithium-Ion Battery Production

Neuron Energy to Invest ₹500 Million in Increasing Lithium-Ion Battery Production

Neuron Energy, a Mumbai-based lithium-ion battery manufacturer, will invest ₹500 million ($6.04 million) to increase production capacity. The investment will be split into ₹350 million ($4.2 million) of working capital ...