US Announces $96 Million Funding to Expand EV Charging Access
To help the decarbonization of the domestic transportation sector, the U.S. Department of Energy (DOE) has announced a funding of $96 million to expand electric vehicle (EV) charging accessibility and ...
Daily News Wrap-Up: Ministry Proposes Alerting System for EVs to Caution Those Nearby
Here are some noteworthy cleantech announcements of the day from around the world: Electric vehicles in India should have an Acoustic Vehicle Alerting System loud enough to alert pedestrians and ...
Funding and M&A Roundup: Community Solar Firm Summit Ridge Energy Raises $175 Million
From: Mercom Capital Group Summit Ridge Energy, an owner and operator of community solar assets secured a $175 million strategic investment from Apollo Funds, a global investment management firm. Vinson&Elkins acted as legal ...
EU Member States Raise €5.4 Billion Funding To Develop Hydrogen Value Chain
The European Commission has approved €5.40 billion (~$5.47 billion) in funding for the 'IPCEI Hy2Tech’ project to support research, innovation, and the first industrial deployment in the hydrogen technology value ...
US Announces $56 Million Funding to Boost Innovation in Solar Manufacturing and Recycling
The Biden-Harris Administration announced $56 million in funding, alongside a new set of initiatives to augment the innovation in solar manufacturing and recycling to make energy more cost-effective and create ...
Corporate Funding for Solar Sector Globally Hits the $12 Billion Mark in 1H 2022
Total corporate funding, including venture capital funding, public market, and debt financing, for the solar sector in the first half (1H) 2022 stood at $12 billion, 11% lower than the ...
Daily News Wrap-Up: JSW Neo Energy Receives LoA for 300 MW Wind Project from SECI
Here are some noteworthy cleantech announcements of the day from around the world: JSW Neo Energy, a wholly-owned subsidiary of JSW Energy received a letter of award from Solar Energy Corporation ...
Month in a Minute: Top Headlines from Indian Renewable Sector in June 2022
Here is a recap of some of the most important headlines from June 2022: India added 456 MW of rooftop solar capacity in the first quarter of the calendar year ...
Funding and M&A Roundup: Energy Storage Company Sunlight Secures $158 Million Loan
From: Mercom Capital Group Sunlight Group, a provider of energy storage systems, has received a €150 million (~$158 million) loan from the National Bank of Greece. The loan agreement has ...
Funding and M&A Roundup: Power Factors Acquires Renewable Software Provider Inaccess
From: Mercom Capital Group Power Factors, a provider of renewable asset management software, acquired Inaccess, a provider of integrated mission-critical software and hardware solutions for renewable energy projects, battery energy ...
Solar Cold Storage Company Ecozen Secures ₹540 Million Funding
Pune-based solar cold storage solutions provider Ecozen announced that it had raised ₹540 million (~$6.93 million) as part of a planned ₹2 billion (~$25.67 million) Series C funding round. The ...
Funding and M&A Roundup: Repsol Sells 25% Renewables Stake to EIP, Credit Agricole
From: Mercom Capital Group Repsol Renovables, a Spanish energy, and petrochemical company has approved the sale of 25% of its stake in the renewables business to a consortium formed by ...
Funding and M&A Roundup: Solar System Recycling Platform SOLARCYCLE Raises $6.6 Million
From: Mercom Capital Group SOLARCYCLE, a tech-driven solar system recycling platform, has raised $6.6 million in growth funding from renewable energy investors, including SolarCity founders Peter and Lyndon Rive, former ...
Funding and M&A Roundup: Borrego Sells Solar and Storage Development Business to ECP
From: Mercom Capital Group TotalEnergies, a multinational integrated oil, and gas firm, signed an agreement with Global Infrastructure Partners (GIP) to acquire a 50% stake in Clearway Energy Group (CEG), a clean ...
Funding and M&A Roundup: Li-Ion Battery Manufacturer Dragonfly Goes Public Via SPAC Deal
From: Mercom Capital Group Dragonfly Energy, a Lithium-Ion battery manufacturer, has entered into a definitive agreement for a business combination with Chardan NexTech Acquisition 2 Corp (CNTQ), a special purpose ...
Amazon Invests $31 Million in Low-Light Solar Technology Firm Ambient Photonics
Ambient Photonics, a low-light solar photovoltaic cells manufacturer, raised $31 million in a Series A funding, led by Amazon via its Climate Pledge Fund and Ecosystem Integrity Fund. Tony Fadell’s ...
Funding and M&A Roundup: Clean Energy Platform Arcadia Raises $200 Million in Funding
From: Mercom Capital Group Arcadia, a climate software and data startup focused on decarbonizing the electric grid, raised $200 million in a new funding round. J.P. Morgan Asset Management’s Sustainable ...
Funding and M&A Roundup: Group14 Technologies Raises $400 Million in Series C Funding
From: Mercom Capital Group Group14 Technologies, a developer of materials that enhance the output of lithium-silicon batteries, raised $400 million in Series C funding. Porsche AG led the round with ...
Funding and M&A Roundup: Off-Grid Solar Company Sun King Raises $260 Million in Funding
From: Mercom Capital Group Sun King (formerly Greenlight Planet), a provider of solar energy products for off-grid homes in Africa and Asia, raised $260 million in a Series D funding round. The round ...
Daily News Wrap-Up: SJVN and SAEL Winners in Punjab’s 150 MW Solar Auction
Here are some noteworthy cleantech announcements of the day from around the world: Punjab State Electricity Regulatory Commission (PSERC) allowed Punjab State Power Corporation's (PSPCL) petition to adopt the tariff ...
Funding and M&A Roundup: GridX Raises $40 Million in Series C Funding
From: Mercom Capital Group GridX, a provider of cloud-based business operations support solutions to utilities and energy suppliers, has raised $40 million in a Series C funding round led by Energy Impact ...
Funding and M&A Roundup: Enel Secures €600 Million from EIB for Clean Energy Expansion
From: Mercom Capital Group Enel, an Italian multinational manufacturer and distributor of electricity and gas, and the European Investment Bank (EIB), through its development branch EIB Global and SACE, an ...
Global Corporate Funding in Solar Sector Surges 51% in Q1 2022
Total corporate funding—including venture capital (VC) funding, public market, and debt financing—into the solar sector globally came to $7.5 billion through 49 deals in the first quarter (Q1) 2022, according ...
Funding and M&A Roundup: EV Charging Company ChargePoint Raises $300 Million in Financing
From: Mercom Capital Group ChargePoint, a provider of an open electric vehicle charging network, announced that Antara Capital would invest $300 million in the company by purchasing convertible senior notes ...
Adani Green to Receive $500 Million of IHC’s $2 Billion Investment in Adani Group
Abu Dhabi-based public joint-stock company International Holding Company PJSC (IHC) announced an investment of $2 billion in three of Adani Group's companies. Adani Green Energy will receive $500 million out ...
