Author Archives: Staff

Transition to Renewable Energy - Answer to Many of Africa’s Challenges: Report

Transition to Renewable Energy – Answer to Many of Africa’s Challenges: Report

A calibrated policy framework centered on renewable energy can help resolve many of Africa’s social, economic, health, and environmental challenges, as revealed in a report published by the International Renewable ...
/ / Other, Renewable Energy
Project Finance Brief: Matrix Renewables to Acquire a 440 MW Solar Portfolio

Project Finance Brief: Matrix Renewables to Acquire a 440 MW Solar Portfolio

From: Mercom Capital Group Matrix Renewables, a renewable energy company, entered into an agreement to acquire a 440 MW solar portfolio across Spain and Italy. The portfolio, which comprises five different assets with ...
/ / Finance and M&A, Solar
Pine Gate Renewables Secures a $500 Million Credit Facility for Solar Expansion

Pine Gate Renewables Secures a $500 Million Credit Facility for Solar Expansion

Pine Gate Renewables, a solar project developer, has secured a $500 million credit facility from Fundamental Renewables to finance the development and construction of its utility-scale solar and storage projects ...
/ / Finance and M&A, Solar
Funding and M&A Roundup: Jinko Solar Expects to Raise RMB 10 Billion Through IPO

Funding and M&A Roundup: Jinko Solar Expects to Raise RMB 10 Billion Through IPO

From: Mercom Capital Group JinkoSolar Holding, a solar panel manufacturer, is in the process of applying for an initial public offering (IPO) of the company’s principal operating subsidiary, Jinko Solar Co ...
/ / Finance and M&A, Solar
New York’s Distributed Solar Roadmap Aims at an Additional 4 GW by 2030

New York’s Distributed Solar Roadmap Aims at an Additional 4 GW by 2030

The New York State Energy Research and Development Authority (NYSERDA) and the New York State Department of Public Service (DPS) have submitted a comprehensive roadmap to expand the state’s successful ...
/ / Markets & Policy, Solar
Project Finance Brief: Recurrent Energy to Sell 150 MW Firefly Energy Solar Project

Project Finance Brief: Recurrent Energy to Sell 150 MW Firefly Energy Solar Project

From: Mercom Capital Group Canadian Solar, a vertically integrated manufacturer of silicon ingots, wafers, and PV cells and modules, announced its wholly-owned subsidiary, Recurrent Energy, has completed a purchase and sale agreement with ...
/ / Finance and M&A, Solar
Funding and M&A Roundup: US Solar Developer Silicon Ranch Raises $775 Million

Funding and M&A Roundup: US Solar Developer Silicon Ranch Raises $775 Million

From: Mercom Capital Group Silicon Ranch Corporation, the U.S. solar platform for Shell and an independent solar power producer, has raised $775 million in new equity capital. Manulife Investment Management, on behalf of ...
/ / Finance and M&A, Solar
Project Finance Brief: Scout Clean Energy Acquires 369 MW Blue Sky Solar Project from RES

Project Finance Brief: Scout Clean Energy Acquires 369 MW Blue Sky Solar Project from RES

From: Mercom Capital Group Colorado-based Scout Clean Energy, a renewable energy developer and Quinbrook Infrastructure Partners portfolio company, acquired the 369 MW Blue Sky utility-scale project in Grundy County, Illinois, from Renewable Energy ...
/ / Finance and M&A, Solar
Funding and M&A Roundup: Amp Energy Secures Green Loan for a 60 MW Solar Project

Funding and M&A Roundup: Amp Energy Secures Green Loan for a 60 MW Solar Project

From: Mercom Capital Group Renewable Energy Developer Amp Energy has secured a ‘Shinsei Green Loan’ valued at JPY17 billion (~$151 million) from its standing financing partner, Shinsei Bank. The funds will be used ...
/ / Finance and M&A, Solar
Effect of Winter on Solar Project Operation

Effect of Winter on Solar Project Operation

Power generation from a solar photovoltaic (PV) project peaks in summer and dips during winter as the solar radiation intensity in winter is relatively low. The major effects on the ...
/ / Other, Sponsored News
Project Finance Brief Ashtrom, Kenlov to Acquire 1.1 GW of Solar Portfolio in the US

Project Finance Brief: Ashtrom, Kenlov to Acquire 1.1 GW of Solar Portfolio in the US

From: Mercom Capital Group Ashtrom Group, an Israel-based construction and property company, and Kenlov Renewable Energy, an independent power producer, signed a definitive agreement to acquire four solar projects in ...
/ / Finance and M&A, Other
Funding and M&A Roundup Belectric’s European Solar Business Acquired by Elevion Group

Funding and M&A Roundup: Belectric’s European Solar Business Acquired by Elevion Group

From: Mercom Capital Group Czech utility CEZ's Elevion Group has acquired the European solar operations of Belectric Group. The acquisition covers a 100% stake in the German-based Belectric and other ...
/ / Finance and M&A, Solar
Funding and M&A Roundup Battery Cell Manufacturer SVOLT Raises $1 Billion

Funding and M&A Roundup: Battery Cell Manufacturer SVOLT Raises $1 Billion

From: Mercom Capital Group SVOLT, a battery cell manufacturer, raised ¥6 billion (~$1 billion) in a financing round. The company plans to invest the fresh capital mainly in developing new ...
/ / Finance and M&A, Other
Project Finance Brief: VTRM Acquires 635 MW Jaiba V Solar Project in Brazil

Project Finance Brief: VTRM Acquires 635 MW Jaiba V Solar Project in Brazil

From: Mercom Capital Group Canadian Solar, a manufacturer of solar PV modules, provider of solar energy and battery storage solutions, and VTRM, a renewable energy company in Brazil, announced the sale of ...
/ / Finance and M&A, Solar
Project Finance Brief TagEnergy Acquires a 99.9 MW Battery Project for $85.8 Million

Project Finance Brief: TagEnergy Acquires a 99.9 MW Battery Project for $85.8 Million

From: Mercom Capital Group TagEnergy, a clean energy company investing in competitive generation and storage assets, has acquired a 100% stake in the 99.9 MW Lakeside battery energy storage system ...
/ / Finance and M&A, Other
Funding and M&A Roundup: Canadian Solar Issues €30 Million Green Bond

Funding and M&A Roundup: Canadian Solar Issues €30 Million Green Bond

From: Mercom Capital Group Canadian Solar, a vertically integrated manufacturer of silicon ingots, wafers, and PV cells and modules, announced that Canadian Solar EMEA Capital Markets, an indirectly wholly-owned subsidiary of Canadian ...
/ / Finance and M&A, Solar
Project Finance Brief NextEra to Sell 50% Stake in 2.5 GW US Renewable Portfolio

Project Finance Brief: NextEra to Sell 50% Stake in 2.5 GW US Renewable Portfolio

From: Mercom Capital Group NextEra Energy, through its subsidiary NextEra Energy Resources, has entered into an agreement to sell a 50% non-controlling interest in an approximately 2,520 MW long-term contracted ...
/ / Finance and M&A, Other
Funding and M&A Roundup: Energy Dome Raises $11 Million in Series A Funding Round

Funding and M&A Roundup: Energy Dome Raises $11 Million in Series A Funding Round

From: Mercom Capital Group Energy Dome, an Italian energy storage technology company, raised $11 million in a Series A funding round. The company will use the proceeds to complete its CO2 Battery demonstration ...
/ / Finance and M&A, Solar
India’s Installed Renewable Energy Capacity Including Hydro Crosses 150 GW MNRE

India’s Installed Renewable Energy Capacity Including Hydro Crosses 150 GW: MNRE

India has crossed the 150 GW milestone of installed renewable energy capacity, including hydro, the Ministry of New and Renewable Energy (MNRE) has said in a tweet. In August this ...
/ / Other, Renewable Energy
Funding and M&A Roundup: Macquarie to Acquire 90% Stake in French Solar Energy Platform

Funding and M&A Roundup: Macquarie to Acquire 90% Stake in French Solar Energy Platform

From: Mercom Capital Group Through Macquarie Green Investment Group Renewable Energy Fund 2, Macquarie Asset Management intends to acquire a 90% equity interest in the French solar energy platform Apex Energies Group from ...
/ / Finance and M&A, Solar
Project Finance Brief: Queequeg Secures Funding for 500 MW of Solar Portfolio in the UK

Project Finance Brief: Queequeg Secures Funding for 500 MW of Solar Portfolio in the UK

From: Mercom Capital Group Queequeg Renewables (QQR), a solar project developer, has secured equity funding for a 500 MW solar project portfolio across the UK through a joint venture with Energy Transition ...
/ / Finance and M&A, Solar
Government Moves Ahead on Dadra & Nagar Haveli, Daman & Diu DISCOM Privatization

Government Moves Ahead on Dadra & Nagar Haveli, Daman & Diu DISCOM Privatization

The Union Cabinet has approved the formation of a special purpose vehicle (SPV) to privatize the electricity distribution business in the Union Territory (UT) of Dadra & Nagar Haveli and ...
/ / Markets & Policy, Other
Spike in Freight Rates Likely to Impact Global Import Prices by 11% Until 2023 UNCTAD

Spike in Freight Rates Likely to Impact Global Import Prices by 11% Until 2023: UNCTAD

The current surge in container freight rates, if sustained, could increase global import price levels by 11% and consumer price levels by 1.5% between now and 2023, according to UNCTAD's Review ...
/ / Grid, Market & Policy
Project Finance Brief: Ignitis Group to Acquire 80 MW of Solar Projects in Poland

Project Finance Brief: Ignitis Group to Acquire 80 MW of Solar Projects in Poland

From: Mercom Capital Group Ignitis Renewables, which owns renewable energy projects in the Baltic States and Poland, has entered into an agreement to acquire 100% of the shares of companies developing 80 ...
/ / Finance and M&A, Solar
Funding and M&A Roundup Lithium-ion Battery Manufacturer Mitra Raises $20 Million

Funding and M&A Roundup: Lithium-ion Battery Manufacturer Mitra Raises $20 Million

From: Mercom Capital Group Mitra Future Technologies (Mitra Chem), a lithium-ion battery materials manufacturer, raised $20 million in a Series A funding round. Social Capital led the round with the ...
/ / Finance and M&A, Other