energy-storage

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Funding and M&A Roundup: Torus Secures $200 Million

From: Mercom Capital Group Torus, a Utah-based energy storage solutions provider, has secured a $200 million investment from Magnetar, an alternative asset manager, to...

September 17, 2025

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Staff

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Finance and M&A

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Other
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China Targets 180 GW of Energy Storage Capacity by 2027

China has set a target to install over 180 GW of energy storage capacity by 2027, up from 95 GW as of June this year. The capacity addition will involve an investment of...

September 16, 2025

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B.S. Nagaraj

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Energy Storage

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Large Scale

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Market & Policy
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Funding and M&A Roundup: ACT-ion Battery Technologies Raises $4M

From: Mercom Capital Group ACT-ion Battery Technologies, a producer of cathode active materials for lithium-ion batteries, raised a $4 million extension to its...

September 10, 2025

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Staff

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Finance and M&A

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Other
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Chhattisgarh DISCOM Invites Bids for 760 MWh Battery Energy Storage Systems

Chhattisgarh State Power Distribution Company (CSPDCL) has invited bids to develop 380 MW/760 MWh of standalone battery energy storage systems (BESS). Bids must be...

September 8, 2025

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Arjun Joshi

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Energy Storage

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Tenders & Auctions
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Cleantech Startup QuantE Energy Raises $500,000 from TDV, Angel Investors

Noida-based cleantech startup QuantE Energy Tech has raised $500,000 (~₹44 million) from Trillion Dollar Venture Partners (TDV) and marquee angel investors. The list of...

September 4, 2025

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Melvin Mathew

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Finance and M&A

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Solar
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Funding and M&A Roundup: Palmer Energy Technology Acquires Brill Power

From: Mercom Capital Group Palmer Energy Technology Limited, a U.K.-based maker of Battery Energy Storage Systems, announced the acquisition of Brill Power, an Oxford...

September 3, 2025

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Staff

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Finance and M&A

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Other
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MENA Weekly Roundup: Egypt Signs $220 Million Deal for Solar Manufacturing

Egypt signed a land usufruct contract for a $220 million industrial complex to manufacture solar cells, panels, and energy storage systems in the Suez Canal Economic...

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Funding and M&A Roundup: Group14 Technologies Raises $463 Million

From: Mercom Capital Group Group14 Technologies, a manufacturer of silicon-anode battery technology, raised $463 million in a Series D funding, led by SK Inc., with...

August 28, 2025

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Staff

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Finance and M&A

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Other
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Funding and M&A Roundup: Activ8 Energies Acquires Low Carbon Energy

From: Mercom Capital Group Activ8 Energies, an Ireland-based solar panel provider, has acquired solar energy solutions provider, Low Carbon Energy. Through this...

August 20, 2025

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Staff

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Finance and M&A

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Other
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Daily News Wrap-Up: Trained Manpower Scarcity Threatens India’s Green Goals

India’s ambitious bid to lead the global renewable energy transition is running into a significant obstacle: a shortage of skilled workers. Industry leaders say this...

August 14, 2025

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Mercom Staff

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Daily Wrap-up
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Energy Storage Funding Declines in 1H 2025

Corporate funding for energy storage companies fell sharply in the first half (1H) of 2025 to $9.1 billion across 55 deals, according to Mercom Capital Group’s 1H and Q2...

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Funding and M&A Roundup: Energy Vault to Raise $300 Million

From: Mercom Capital Group Energy Vault, a utility-scale energy storage project developer, announced that it has entered into an exclusivity agreement for a $300 million...

August 13, 2025

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Staff

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Finance and M&A

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Other
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Torrent Power Floats 200 MW FDRE Tender with Battery Energy Storage

Torrent Power has issued a Request for Selection (RfS) to procure 200 MW of firm and dispatchable renewable energy (FDRE) with an energy storage system (ESS) and a...

August 11, 2025

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Staff

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Energy Storage

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Tenders & Auctions
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Funding and M&A Roundup: Bluewave Secures $247 Million Debt Financing

From: Mercom Capital Group BlueWave, a solar and storage developer, owner, operator, and a subsidiary of Axium Infrastructure, an independent portfolio management firm,...

August 6, 2025

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Staff

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Finance and M&A

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Other
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Chhattisgarh Proposes RPO Norms for Distributed Energy and Storage

The Chhattisgarh State Electricity Regulatory Commission (CSERC) has issued the draft Renewable Purchase Obligation (RPO) and REC Framework Implementation (Second...

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