funding

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Corporate Funding for Energy Storage Surges to $15.4 Billion in 1H of 2024

Corporate funding for energy storage companies surged to $15.4 billion across 64 deals in the first half (1H) of 2024, reflecting a 117% increase from the $7.1 billion...

July 24, 2024

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Gautamee Hazarika

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Energy Storage

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Finance and M&A
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Funding and M&A Roundup: Peak Energy Secures $55 Million

Peak Energy, a sodium-ion battery manufacturer, secured $55 million in a Series A funding round led by Xora Innovation, Temasek’s Early-Stage deep-tech investing...

July 24, 2024

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Arjun Pradeep

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Finance and M&A

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Other
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Daily News Wrap-Up: MNRE Changes CFA Rate for Biomass Pellet Production

The Ministry of New and Renewable Energy has revised the Central Financial Assistance (CFA) rates for biomass pellet manufacturing units under the National Bioenergy...

July 19, 2024

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Mercom Staff

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Daily Wrap-up
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Ride-Hailing Firm MyPickup Secures ₹15 Million in Seed Funding

Electric vehicle (EV) ride-hailing startup MyPickup raised ₹15 million (~$179,293) in seed funding led by Inflection Point Ventures (IPV). MyPickup plans to use the...

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Brookfield Announces $200 Million Investment in Leap Green Energy

Canada-based Brookfield Asset Management has announced an equity investment in Leap Green Energy, a renewable energy company based in Tamil Nadu, India. The initial...

July 11, 2024

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Arjun Joshi

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Finance and M&A

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Renewable Energy
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MNRE Releases Guidelines for Funding Green Hydrogen Testing Facilities

The Ministry of New and Renewable Energy (MNRE) has issued guidelines to implement the program on funding testing facilities, infrastructure, and institutional support...

July 4, 2024

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Arjun Joshi

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Other

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Renewable Energy
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Funding and M&A Roundup: Battery Materials Company Sila Raises $375 Million

From: Mercom Capital Group Sila, a battery materials company, has secured $375 million in a Series G funding round led by Sutter Hill Ventures, an existing investor, and...

July 3, 2024

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Staff

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Finance and M&A

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Other
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KPI Green Secures ₹6.86 Billion Funding for 200 MW Solar Project

Renewable energy solutions provider KPI Green Energy has secured a credit facility of ₹6.86 billion (~$82.1 million) to develop a 200 MW solar photovoltaic power project...

June 28, 2024

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Gautamee Hazarika

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Markets & Policy

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Solar
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Battery Smart Secures $65 Million to Expand EV Battery Swapping Network

Battery Smart, a battery swapping network for electric two- and three-wheelers, has secured $65 million in a Series B funding round led by LeapFrog Investments. This...

June 20, 2024

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Gautamee Hazarika

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Energy Storage

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Market & Policy
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candi solar Secures $38 Million to Accelerate Portfolio Expansion

candi solar, a solar solutions provider for commercial and industrial (C&I) consumers, has secured $38 million in equity investment in its Series C funding round led...

June 11, 2024

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Arjun Joshi

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Finance and M&A

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Solar
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EV Firm Euler Secures ₹2 Billion in Series C Funding Round

Electric vehicle (EV) company Euler Motors has closed its Series C funding round, securing ₹2 billion (~$23.9 million) and taking the total funding raised so far to ₹5.7...

May 30, 2024

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Gautamee Hazarika

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Electric Vehicles

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Market & Policy
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Maxvolt Energy Secures $1.5 Million for Li-ion EV Battery Manufacturing

Maxvolt Energy, a manufacturer of lithium battery packs, has raised $1.5 million from angel investors to introduce fast-charging lithium-ion batteries and build...

May 28, 2024

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Arshreet Singh

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Energy Storage

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Finance and M&A
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Carbon Nanotube Maker NoPo Raises $3M to Boost Production and Market Reach

Bengaluru-based technology startup NoPo Nanotechnologies raised $3 million in a pre-Series A funding round by Axilor’s Micelio Fund and Inflexor Ventures. The...

May 23, 2024

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Gautamee Hazarika

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Other

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Renewable Energy
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Soleos Solar Energy Secures $6.5 Million to Accelerate Expansion

Engineering, procurement, and construction firm Soleos Solar Energy has raised ₹485 million (~$6.5 million) in equity funding to drive expansion in India and abroad. The...

May 22, 2024

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Arshreet Singh

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Finance and M&A

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Solar
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Funding and M&A Roundup: Origis Energy Secures $300 Million Funding from KKR

From: Mercom Capital Group Origis Energy, a vertically integrated renewable energy platform and a solar project developer, secured a $300 million corporate credit...

May 22, 2024

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Staff

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