Funding and M&A Roundup: EV Charging Company Connected Kerb Secures $110 Million

Funding and M&A Roundup: EV Charging Company Connected Kerb Secures $110 Million

From: Mercom Capital Group Connected Kerb, a London-based electric vehicle charging infrastructure specialist, announced that it had secured an investment of up to £110 million (~$110 million) from Aviva Investors, the global asset ...
/ / Finance and M&A, Solar
Project Finance Brief Enefit Green Acquires Solar Projects in Estonia

Project Finance Brief: Enefit Green Acquires Solar Projects in Estonia

From: Mercom Capital Group Enefit Green, an Estonian renewable energy developer, has signed an agreement to acquire a 100% stake in Raabiste Pollud OU, an entity that owns 165 MW ...
/ / Renewable Energy
Flux Power’s Revenue Up by 61% YoY to $42.3 Million in FY 2022 as Sales Volumes Surge

Flux Power’s Revenue Up by 61% YoY to $42.3 Million in FY 2022 as Sales Volumes Surge

Flux Power Holdings, a U.S.-based lithium-ion storage solutions provider, recorded a 61% year-over-year (YoY) growth in revenue on the back of shipments of $42.3 million for the fiscal year (FY) ...
Funding and M&A Roundup: Fundamental Renewables Secures $400 Million

Funding and M&A Roundup: Fundamental Renewables Secures $400 Million

From: Mercom Capital Group Fundamental Renewables, the clean energy investment arm of Fundamental Advisors, has secured a $400 million credit facility to support its growing investment strategy in solar energy assets. The ...
/ / Finance and M&A, Solar
Transition VC Launches ₹4 Billion Fund to Support Cleantech Startups

Project Finance Brief: Terra-Gen Raises $959 Million for Solar Storage Projects

From: Mercom Capital Group Terra-Gen, an independent renewable energy provider, raised $959 million in financing for the second phase of its Edwards Sanborn solar storage project in Kern County, California. This phase of ...
/ / Finance and M&A, Solar
Funding and M&A Roundup: Tesseract Raises $78 Million in Funding

Funding and M&A Roundup: Tesseract Raises $78 Million in Funding

From: Mercom Capital Group Tesseract, a vertically integrated company that purchases energy from generators at fixed prices and then offers it to consumers, raised $78 million to buy and build selected renewable energy ...
/ / Finance and M&A, Solar
Project Finance Brief: Atrato Onsite Energy Acquires Solar Projects for $37 Million

Project Finance Brief: Atrato Onsite Energy Acquires Solar Projects for $37 Million

From: Mercom Capital Group Atrato Onsite Energy, an investment company, has acquired 33 MW of installed solar projects across 32 the UK from Macquarie’s Green Investment Group for £31 million ...
/ / Other, Renewable Energy
Rajasthan Lays Thrust on Electric Vehicle Manufacturing in its EV Policy 2022

Rajasthan Lays Thrust on Electric Vehicle Manufacturing in its EV Policy 2022

The Rajasthan EV policy 2022 lays out financial and non-financial incentives and initiatives that would support the adoption of electric vehicles (EV) and seeks to promote EV manufacturing and related ...
Daily News Wrap-Up Amplus Solar Partners with Mahindra to Electrify its Fleet

Daily News Wrap-Up: Amplus Solar Partners with Mahindra to Electrify its Fleet

Here are some noteworthy cleantech announcements of the day from around the world: Amplus Solar's electric mobility vertical signed a memorandum of understanding with Mahindra Electric to procure their Zor ...
/ / Other, Renewable Energy
Chhattisgarh’s EV Policy Targets 15% of all Vehicles to be Electric by 2027

Chhattisgarh’s EV Policy Targets 15% of All Vehicles to Be Electric by 2027

The Chhattisgarh State Electric Vehicle Policy, 2022 aims to accelerate the adoption of electric vehicles (EV), especially in the two-wheeler, public/shared transport, and goods carrier segments. It has targeted 15% ...
Project Finance Brief: Low Carbon Raises $265 Million for 1 GW of Renewable Projects

Project Finance Brief: Low Carbon Raises $265 Million for 1 GW of Renewable Projects

From: Mercom Capital Group Low Carbon, a renewable energy developer, raised a £230 million (~$265 million) senior debt facility to construct 1 GW of large-scale renewable energy projects in the ...
/ / Other, Renewable Energy
Funding and M&A Roundup: Battery Recycling Company Ascend Elements Raises $50 Million

Funding and M&A Roundup: Battery Recycling Company Ascend Elements Raises $50 Million

From: Mercom Capital Group Ascend Elements, a lithium-ion battery recycling and engineered materials company, announced a strategic investment of $50 million from SK ecoplant, the environmental unit of Korean conglomerate SK Inc. The ...
/ / Finance and M&A, Solar
Funding and M&A Roundup RWE Acquires Poland’s Alpha Solar

Funding and M&A Roundup: RWE Acquires Poland’s Alpha Solar

From: Mercom Capital Group RWE, a German energy utility company, has acquired Alpha Solar, a Polish PV solar developer. With this transaction, RWE takes over a 3 GW solar project ...
/ / Other, Renewable Energy
Daily News Wrap-Up: NTPC to Supply Solar Power to Indian Army

Project Finance Brief: Monarch Closes $160 Million Funding for Texas Solar Project

From: Mercom Capital Group Monarch Private Capital, an ESG investment firm that develops, finances, and manages a diversified portfolio of projects, announced the closing of a tax equity investment of ...
/ / Other, Renewable Energy
Daily News Wrap-Up: LG and Honda to Produce EV Batteries in the US

Daily News Wrap-Up: LG and Honda to Produce EV Batteries in the US

Here are some noteworthy cleantech announcements of the day from around the world: LG Energy Solution and Honda announced they would establish a joint venture to produce lithium-ion batteries in ...
/ / Other, Renewable Energy
Daily News Wrap Up Ohmium Partners With Shell India on Green Hydrogen Solutions

Daily News Wrap-Up: Ohmium Partners With Shell India on Green Hydrogen Solutions

Here are some noteworthy cleantech announcements of the day from around the world: Green hydrogen company Ohmium International is collaborating with Shell India to evaluate hydrogen applications, markets, and project ...
/ / Other, Renewable Energy
Funding and M&A Roundup: Pivot Energy Acquires Community Solar Project Developer

Funding and M&A Roundup: Pivot Energy Acquires Community Solar Project Developer

From: Mercom Capital Group Pivot Energy, a commercial and community solar project developer, has acquired SGC Power, a Maryland-based community solar developer. SGC Power has been involved in 2.8 GW of solar ...
/ / Finance and M&A, Solar
Project Finance Brief Sonnedix Completes Acquisition of 118 MW Solar Projects

Project Finance Brief: Sonnedix Completes Acquisition of 118 MW Solar Projects

From: Mercom Capital Group Sonnedix, an independent power producer, has completed the acquisition of 117.8 MW of portfolio of solar PV projects from Graziella Holding and other minority sellers. All ...
/ / Other, Renewable Energy
Daily News Wrap-Up: Ashok Leyland Launches Electric Double-Decker Bus in Mumbai

Daily News Wrap-Up: Ashok Leyland Launches Electric Double-Decker Bus in Mumbai

Here are some noteworthy cleantech announcements of the day from around the world: Union Minister for Road Transport & Highways Nitin Gadkari launched Ashok Leyland Electric Double Decker Bus, Switch ...
/ / Other, Renewable Energy
Project Finance Brief: Exus to Acquire 20 Solar Projects Totaling 1 GW in Brazil

Project Finance Brief: Exus to Acquire 20 Solar Projects Totaling 1 GW in Brazil

From: Mercom Capital Group Exus Brasil Investimentos, an asset manager of Exus Management Partners (Exus), has signed a deal to acquire 100% shares of the Riacho da Serra project in Piauí, Brazil, ...
/ / Finance and M&A
Funding and M&A Roundup: Shell Completes Acquisition of Sprng Energy

Funding and M&A Roundup: Shell Completes Acquisition of Sprng Energy

From: Mercom Capital Group Shell Overseas Investment, a wholly owned subsidiary of Shell, has completed its 100% acquisition of Solenergi Power and, with it, the Sprng Energy group of companies from Actis Solenergi Limited ...
/ / Finance and M&A, Solar
Battery Company Solid Power Reports 360% YoY Increase in Revenue in Q2 2022

Battery Company Solid Power Reports 360% YoY Increase in Revenue in Q2 2022

Solid Power, an all-solid-state rechargeable battery cells manufacturer, reported revenue of $2.58 million in the second quarter (Q2) of 2022, a 360% year-over-year (YoY) growth compared to $561,000 in Q1 ...
/ / Other, Renewable Energy
Daily News Wrap-Up Rays Power Infra Commissions 150 MW Solar Project in Karnataka

Daily News Wrap-Up: Rays Power Infra Commissions 150 MW Solar Project in Karnataka

Here are some noteworthy cleantech announcements of the day from around the world: Rays Power Infra announced the commissioning of a 150 MW grid-connected solar power plant in Raichur and ...
/ / Other, Renewable Energy
Funding and M&A Roundup: Nexeon Raises Over $200 Million for Battey Materials Production

Funding and M&A Roundup: Nexeon Raises Over $200 Million for Battey Materials Production

From: Mercom Capital Group Nexeon, a battery materials developer and manufacturer, has completed the second close of its fundraising resulting in a total investment of $170 million. A further $50 million of commercial ...
/ / Finance and M&A, Solar
Funding and M&A Roundup: PNE AG Acquires Majority Stake in Spanish Solar Developer

Funding and M&A Roundup: PNE AG Acquires Majority Stake in Spanish Solar Developer

From: Mercom Capital Group PNE AG, a German power-focused renewables company, has acquired 51% of the shares in Coliaenergia (KOLYA), a Spanish developer of large solar projects from Consultoria Industrial Beaguihe and Garisun ...
/ / Finance and M&A, Solar