Author Archives: Staff

SIMA Launches Energy Access Relief Fund to Support Off-Grid Solar Companies

SIMA Launches Energy Access Relief Fund to Support Off-Grid Solar Companies

Social Investment Managers and Advisors (SIMA) has launched the Energy Access Relief Fund (EARF) with a first close of $68 million and a target closing of around $84 million by ...
/ / Markets & Policy, Solar
Sweden's Rooftop Solar Installer Soltech Acquires Major Stake in a Roofing Company

Sweden’s Rooftop Solar Installer Soltech Acquires Major Stake in a Roofing Company

Soltech Energy Sweden AB (Soltech), a rooftop solar solutions provider, acquired 90.1% in roofing company Wettergrens Tak & Plåtslageri AB (Wettergrens). The acquisition is funded entirely from cash and with ...
/ / Finance and M&A, Solar
Funding and M&A Roundup Battery Storage Company Form Energy Raises $240 Million

Funding and M&A Roundup: Battery Storage Company Form Energy Raises $240 Million

From: Mercom Capital Group Form Energy – a startup focusing on making battery systems that can store renewable energy (solar and wind) for longer durations, announced the close of a ...
/ / Finance and M&A, Other
FlexGen Receives $150 Million Funding from Apollo Global Management Affiliates

FlexGen Receives $150 Million Funding from Apollo Global Management Affiliates

Software technology provider for energy storage solutions, FlexGen Power Systems, has received a $150 million equity commitment from funds managed by the affiliates Apollo Global Management. Denver-based venture capital firm, ...
/ / Energy Storage, Market & Policy
Project Finance Brief Altus Power Acquires 79 MW of Operating Solar Projects in the US

Project Finance Brief: Altus Power Acquires 79 MW of Operating Solar Projects in the US

From: Mercom Capital Group Altus Power - an investor, owner, and operator of clean energy projects - announced that it had acquired a 79 MW portfolio of solar projects operating ...
/ / Finance and M&A, Other
POSOCO to Probe Wind Power Curtailment Allegation in Andhra Pradesh

POSOCO to Probe Wind Power Curtailment Allegation in Andhra Pradesh

The Appellate Tribunal for Electricity (APTEL) has directed the Power System Operation Corporation (POSOCO) to submit a report within four weeks and indicate whether there was an intentional curtailment of ...
/ / Wind
Funding and M&A Roundup BlackRock Real Assets Invests in South Korean Solar Company

Funding and M&A Roundup: BlackRock Real Assets Invests in South Korean Solar Company

From: Mercom Capital Group BlackRock Real Assets, an investment banking firm, has signed an agreement to acquire an undisclosed amount of equity stake in a South Korean solar aggregator and ...
/ / Finance and M&A, Other
Tamil Nadu Proposes Generic Tariff of ₹3.99kWh for Rooftop Solar Systems Up to 10 kW

Tamil Nadu Proposes Generic Tariff of ₹3.99/kWh for Rooftop Solar Systems Up to 10 kW

The Tamil Nadu Electricity Regulatory Commission (TNERC) has issued new guidelines and a consultative paper on ‘Generic Tariff order for Grid Interactive Solar Photovoltaic (PV) Energy Generating Systems.’ TNERC has ...
/ / Markets & Policy, Solar
Project Finance Brief: Buckeye Partners Acquires 270 MW Solar Project from OCI Solar Power

Project Finance Brief: Buckeye Partners Acquires 270 MW Solar Project from OCI Solar Power

From: Mercom Capital Group U.S. petroleum distributor Buckeye Partners has acquired a 270 MW construction-ready solar project – Project Parker, from OCI Solar Power. OCI Solar Power develops, constructs, finances, ...
/ / Finance and M&A, Solar
Project Finance Brief Opdenergy to Sell 1,044 MW of Spanish Solar Portfolio to Bruc Energy

Project Finance Brief: Opdenergy to Sell 1,044 MW of Spanish Solar Portfolio to Bruc Energy

Opdenergy, an independent renewable energy producer, has reached an agreement to sell 20 solar projects in Spain with a total capacity of 1,044 MW to Bruc Energy, an asset manager ...
/ / Other, Renewable Energy
Funding and M&A Roundup Mitsubishi Electric to Acquire Smarter Grid Solutions

Funding and M&A Roundup: Mitsubishi Electric to Acquire Smarter Grid Solutions

Mitsubishi Electric Corporation, together with its U.S. subsidiary Mitsubishi Electric Power Products (MEPPI), has entered into an agreement to acquire UK-based Smarter Grid Solutions, a provider of distributed energy resources ...
/ / Finance and M&A, Other, Uncategorized
Supreme Court Dismisses Special Leave Petitions Filed for Solar Anti-Dumping Probe

Supreme Court Dismisses Special Leave Petitions Filed for Solar Anti-Dumping Probe

The Supreme Court heard two special leave petitions filed by the government of India and Solar Power Developers Association (SPDA) regarding a pending anti-dumping investigation. A special leave petition is ...
/ / Markets & Policy, Solar
Project Finance Brief Masdar JV Secures Finance for a 145 MW Floating Solar Project

Project Finance Brief: Masdar JV Secures Finance for a 145 MW Floating Solar Project

From: Mercom Capital Group Masdar, a renewable energy company, and PT PJBI, a subsidiary of Indonesia’s state-owned electricity company PT PLN, announced that financial close had been achieved on the 145 MW ...
/ / Finance and M&A, Other
Funding and M&A Roundup Sunnova Proposes Private Offering of $350 Million Green Bond

Funding and M&A Roundup: Sunnova Proposes Private Offering of $350 Million Green Bond

From: Mercom Capital Group Sunnova Energy Corporation, a wholly-owned subsidiary of Sunnova Energy, announced that it intends to offer, subject to market conditions, a $350 million aggregate principal amount of green bond (senior ...
/ / Finance and M&A, Other
How to Connect a Single-Phase Inverter to a Split-Phase Power Grid

How to Connect a Single-Phase Inverter to a Split-Phase Power Grid

String inverter specialist Solis, which has a global network of service teams, has explored the possibility of connecting a single-phase inverter to the grid in the absence of a split-phase ...
/ / Other, Sponsored News
Project Finance Brief Soltage Raises $130 Million in Debt Financing for Solar Projects

Project Finance Brief: Soltage Raises $130 Million in Debt Financing for Solar Projects

From: Mercom Capital Group Soltage, an independent renewable power producer, raised a $130 million debt facility led by Silicon Valley Bank. The investment will finance a 110 MW national portfolio ...
/ / Finance and M&A, Other
Funding and M&A Roundup Shell to Buy Residential Renewables Retailer Inspire Energy

Funding and M&A Roundup: Shell to Buy Residential Renewables Retailer Inspire Energy

From: Mercom Capital Group Shell New Energies US, a subsidiary of Royal Dutch Shell, signed an agreement to buy 100% of the equity interests of Inspire Energy Capital, a renewable ...
/ / Finance and M&A, Other
Funding and M&A Roundup Polysilicon Manufacturer Daqo Lists on Shanghai Stock Exchange

Funding and M&A Roundup: Polysilicon Manufacturer Daqo Lists on Shanghai Stock Exchange

From: Mercom Capital Group Daqo New Energy, a manufacturer of high-purity polysilicon for the global solar PV industry, announced that the company's major operational subsidiary, Xinjiang Daqo New Energy, has ...
/ / Other, Renewable Energy
Project Finance Brief Recurrent Energy Sells 328 MW of Solar Projects in Texas

Project Finance Brief: Recurrent Energy Sells 328 MW of Solar Projects in Texas

From: Mercom Capital Group Canadian Solar announced its wholly-owned subsidiary, Recurrent Energy, completed the sale of the Maplewood 1 and Maplewood 2 solar projects to a U.S. annuity and life ...
/ / Other, Renewable Energy
Project Finance Brief Enel Green Power Acquires 3.2 GW Solar Portfolio in the US

Project Finance Brief: Enel Green Power Acquires 3.2 GW Solar Portfolio in the US

From: Mercom Capital Group Enel Green Power North America, a developer, long-term owner, and operator of renewable energy projects has acquired a 3.2 GW portfolio of solar and solar-plus-storage projects from ...
/ / Other, Renewable Energy
Funding and M&A Roundup Greenvolt Raises €150 Million in IPO for Renewables Expansion

Funding and M&A Roundup: Greenvolt Raises €150 Million in IPO for Renewables Expansion

From: Mercom Capital Group Greenvolt, a Portugal-based renewable energy firm, raised €150 million (~$177 million) in an initial public offering (IPO) to fund its expansion, including in European solar parks ...
/ / Other, Renewable Energy
Funding and M&A Roundup EQT Infrastructure to Acquire Cypress Creek Renewables

Funding and M&A Roundup: EQT Infrastructure to Acquire Cypress Creek Renewables

From: Mercom Capital Group The EQT Infrastructure V fund has agreed to acquire Cypress Creek Renewables, a solar and storage energy company that develops, owns, and operates projects across the ...
/ / Other, Renewable Energy
Project Finance Brief Doral Energy Acquires 360 MW of Solar Projects in Denmark

Project Finance Brief: Doral Energy Acquires 360 MW of Solar Projects in Denmark

From: Mercom Capital Group Denmark-based GreenGo Energy Group announced that it had sold a portfolio of 360 MW of utility-scale subsidy-free solar projects to Israeli developer Doral Renewable Energy Resources ...
/ / Other, Renewable Energy
Funding and M&A Roundup Partners Group To Acquire Community Solar, Battery Storage Firm

Funding and M&A Roundup: Partners Group to Acquire Community Solar, Battery Storage Firm

From: Mercom Capital Group Global private markets firm Partners Group has agreed to acquire a controlling equity stake in Dimension Renewable Energy (Dimension), a distributed energy platform focusing on community ...
/ / Other, Renewable Energy
Project Finance Brief Mainstream Renewable to Buy 80% Stake in a 405 MW Solar Portfolio

Project Finance Brief: Mainstream Renewable to Buy 80% Stake in a 405 MW Solar Portfolio

From: Mercom Capital Group Mainstream Renewable Power, an independent developer of utility-scale wind and solar projects, has signed an agreement to acquire 80% shareholding in Technology and Development Joint Stock ...
/ / Other, Renewable Energy