Author Archives: Staff

Project Finance Brief AES Corporation to Acquire a 195 MW Solar Project in Indiana

Project Finance Brief: AES Corporation to Acquire a 195 MW Solar Project in Indiana

From: Mercom Capital Group AES Indiana, a subsidiary of the AES Corporation, is to acquire the Hardy Hills 195 MW solar project in Clinton County, Indiana. Construction on the project ...
/ / Other, Renewable Energy
Project Finance Brief: 7X Energy Sells 130 MW Solar Project to KOMIPO America

Project Finance Brief: 7X Energy Sells 130 MW Solar Project to KOMIPO America

From: Mercom Capital Group 7X Energy, a utility-scale solar developer, owner, and asset manager, has sold its 130 MW Elara Energy project located in Frio County, Texas, to KOMIPO America, ...
/ / Finance and M&A, Other
Funding and M&A Roundup RayGen Resources Raises A$27 Million for Solar-Plus-Storage

Funding and M&A Roundup: RayGen Resources Raises A$27 Million for Solar-Plus-Storage

From: Mercom Capital Group RayGen Resources, an Australian deep-technology originator and developer of innovative solar-plus-storage projects, has secured A$27 million (~$20 million) funding as part of a Series C Capital ...
/ / Finance and M&A, Other
Funding and M&A Roundup NEXT Energy Technologies Closes $13.4 Million Series C Funding

Funding and M&A Roundup: NEXT Energy Technologies Closes $13.4 Million Series C Funding

From: Mercom Capital Group NEXT Energy Technologies, makers of a proprietary transparent photovoltaic coating that transforms commercial windows into energy-producing solar panels, announced that it had raised $13.4 million in ...
/ / Other, Renewable Energy
Project Finance Brief bp to Acquire 9 GW of Solar Project Pipeline in the US from 7X Energy

Project Finance Brief: bp to Acquire 9 GW of Solar Project Pipeline in the US from 7X Energy

From: Mercom Capital Group bp, a multinational oil, and gas company reached an agreement to purchase 9 GW of solar development projects in the U.S. from independent solar developer 7X ...
/ / Other, Renewable Energy
How to Precisely Install AC Circuit Breakers in a Solar PV System

How to Precisely Install AC Circuit Breakers in a Solar PV System

Background String inverter specialist Solis has analyzed in detail why a fuse box circuit breaker of a solar photovoltaic (PV) system must not be reversed (power line enters the load ...
/ / Other, Sponsored News
Funding and M&A Roundup Aurora Solar Raises $250 Million in Series C Funding

Funding and M&A Roundup: Aurora Solar Raises $250 Million in Series C Funding

From: Mercom Capital Group Aurora Solar, a U.S.-based solar software company, has closed a $250 million Series C funding round led by Coatue, with follow-on participation from existing investors ICONIQ Capital, Energize Ventures ...
/ / Finance and M&A, Other
Project Finance Brief Sonnedix Acquires a 22 MW Solar Portfolio in Italy

Project Finance Brief: Sonnedix Acquires a 22 MW Solar Portfolio in Italy

From: Mercom Capital Group Sonnedix, an independent solar power producer (IPP), has completed the acquisition of a 22.3 MW portfolio of solar PV projects located in Italy from Spanish IPP ...
/ / Finance and M&A, Other
Funding and M&A Roundup Aker Horizons Acquires Mainstream Renewable Power

Funding and M&A Roundup: Aker Horizons Acquires Mainstream Renewable Power

From: Mercom Capital Group Aker Horizons, an investment company, closed the transaction to acquire Mainstream Renewable Power, an independent renewable energy company. Existing Mainstream shareholders have re-invested and retained 25% ...
/ / Finance and M&A, Other
Project Finance Brief Sonnedix and Cox Energy Secure $120 Million for Solar Projects in Chile

Project Finance Brief: Sonnedix and Cox Energy Secure $120 Million for Solar Projects in Chile

From: Mercom Capital Group Sonnedix, the global solar independent power producer, and Cox Energy América, a solar energy company, closed a $120 million financing from Sumitomo Mitsui Bank Corporation through ...
/ / Finance and M&A, Other
Project Finance Brief Sonnedix Raises €172 million to Refinance its Solar Projects

Project Finance Brief: Sonnedix Raises €172 Million to Refinance its Solar Projects

From: Mercom Capital Group Sonnedix Japan, the Japanese subsidiary of global solar independent power producer Sonnedix, has achieved financial close of €172 million (~$209 million) for the refinancing of a ...
/ / Finance and M&A, Other
Funding and M&A Roundup Solar Cell Manufacturer Exeger Raises $38 Million

Funding and M&A Roundup: Solar Cell Manufacturer Exeger Raises $38 Million

From: Mercom Capital Group Exeger, the Sweden-based solar cell manufacturer, secured $38 million in financing to start building its new solar cell factory in Stockholm, Sweden. This financing round includes ...
/ / Finance and M&A, Other
Project Finance Brief Lightsource bp Acquires 156 MW Solar Projects in Italy

Project Finance Brief: Lightsource bp Acquires 156 MW Solar Projects in Italy

From: Mercom Capital Group Lightsource bp, a solar project developer, acquired three projects from Horizon Firm, a developer specialized in solar, totaling 156 MW, across the country. Two of the ...
/ / Finance and M&A, Other
Funding and M&A Roundup Battery Company Solid Power Raises $130 Million

Funding and M&A Roundup: Battery Company Solid Power Raises $130 Million

From: Mercom Capital Group Solid Power, producer of all-solid-state batteries for electric vehicles, raised a $130 million Series B investment round led by the BMW Group, Ford Motor Company, and ...
/ / Finance and M&A, Other
Micro-Crack Problems in Solar Modules and Methods to Identify Them

Upgrade a Grid-Tied Solar PV System to an Energy Storage System

In recent years, residential energy storage systems have become increasingly popular, especially in the United States, South Africa, Australia, and across Europe. The primary reasons for this trend include: Extreme ...
/ / Other, Sponsored News
Funding and M&A Roundup Residential Solar Installer SunRoof Raises €4.5 million

Funding and M&A Roundup: Residential Solar Installer SunRoof Raises €4.5 Million

From: Mercom Capital Group PosiGen, a provider of renewable energy and efficiency solutions for low-to-moderate-income households, closed a Series D growth equity financing with an additional $27 million investment from ...
/ / Finance and M&A, Other
Project Finance Brief Goldman Sachs' Renewable Arm to Finance a 216 MW Solar Project

Project Finance Brief: Goldman Sachs’ Renewable Arm to Finance 216 MW Solar Projects

From: Mercom Capital Group CS Energy, an integrated energy firm that designs and builds optimized projects in the solar, storage, and emerging energy industries, has partnered with the Goldman Sachs ...
/ / Finance and M&A, Other
Project Finance Brief_ Opdenergy Secures €500 Million for Solar Projects in Spain

Project Finance Brief: Opdenergy Secures €500 Million for Solar Projects in Spain

From: Mercom Capital Group Opdenergy, an independent renewable energy producer focused on solar photovoltaic and onshore wind technologies, has closed with BBVA the underwriting mandate for the financing of the ...
/ / Other, Renewable Energy
Funding and M&A Roundup_ Solar Tracking Systems Company FTC Solar Files for IPO

Funding and M&A Roundup: Solar Tracking Systems Company FTC Solar Files for IPO

From: Mercom Capital Group FTC Solar, a provider of solar tracker systems, technology, software, and engineering services, announced that it has filed for an initial public offering (IPO) of shares ...
/ / Finance and M&A, Solar
C&I (Ground-Mount) Project of the Year_ Amp Energy India’s Open Access Project

C&I (Ground-Mount) Project of the Year: Amp Energy India’s Open Access Solar Project

Amp Energy India emerged as one of the winners at the Solar Awards 2021 in the recently-held  Mercom India Solar Summit 2021. The renewable energy power producer bagged the accolade ...
/ / Markets & Policy, Solar
IT Major Wipro Pledges Net-Zero Greenhouse Gas Emissions by 2040

IT Major Wipro Pledges Net-Zero Greenhouse Gas Emissions by 2040

Information technology giant Wipro Limited has pledged to achieve net-zero greenhouse gas emissions by 2040 in line with the objective of the Paris Agreement to cap temperature rise to 1.5°C ...
/ / Other, Renewable Energy
Electric Vehicles Sales Decline 20% YoY in FY 2020-21

Electric Vehicles Sales Decline 20% YoY in FY 2020-21

The Society of Manufacturers of Electric Vehicles (SMEV) has said 236,802 electric vehicles (EV) were sold in India in financial year (FY) 2020-21, registering a drop of 20% over the ...
/ / Electric Vehicles, Grid
https://pixabay.com/photos/energy-environment-ecology-power-1989341/

Daily News Wrap-Up: Torrent Awarded PPA for 300 MW Solar Project in Gujarat

Here are some noteworthy cleantech announcements of the day from around the world: Power developer and generator Torrent Power Limited has been awarded a long-term power purchase agreement (PPA) for ...
/ / Other, Renewable Energy
Saudi Arabia’s ACWA Power Secures $114 Million for the 200 MW Solar Project in Egypt

Saudi Arabia’s ACWA Power Secures $114 Million for the 200 MW Solar Project in Egypt

Saudi Arabia’s energy giant ACWA Power has received a $114 million financing package for the 200 MW Kom Ombo solar project in Egypt from four agencies. The European Bank for ...
/ / Finance and M&A, Solar
Deutsche Bank Commits to Carbon Neutrality by 2050, Joins Net Zero Banking Alliance

Deutsche Bank Commits to Carbon Neutrality by 2050, Joins Net Zero Banking Alliance

Deutsche Bank has joined the new Net Zero Banking Alliance (NZBA), whose signatories commit to reaching carbon neutrality by 2050. The NZBA was recently formed with 43 banks from 23 ...
/ / Other, Renewable Energy