Author Archives: Staff

Industry Body Appeals to the Court Against ALMM Mandate for C&I Solar Projects

Industry Body Appeals to the Court Against ALMM Mandate for C&I Solar Projects

The Delhi High Court has sought clarification from the Ministry of New and Renewable Energy (MNRE) on the provisions made to protect the commercial and industrial (C&I) solar projects under ...
/ / Markets & Policy, Solar
Project Finance Brief: OX2 Acquires 500 MW of Solar and Wind Projects in Greece

Project Finance Brief: OX2 Acquires 500 MW of Solar and Wind Projects in Greece

From: Mercom Capital Group OX2 AB, a Swedish renewable energy company that develops, finance, and manages large-scale solar and wind projects, has acquired two portfolios in Greece with an installed capacity of ...
/ / Finance and M&A, Solar
Funding and M&A Roundup SolarEdge Technologies Raises $678.5 Million

Funding and M&A Roundup: SolarEdge Technologies Raises $678.5 Million

From: Mercom Capital Group SolarEdge Technologies, a provider of end-to-end solar power optimization and PV monitoring solutions, completed underwritten public offering of 2,300,000 shares of common stock at $295.00 per ...
/ / Finance and M&A, Other
Project Finance Brief: Voltalia Sells Minority Stake in its 320 MW Solar Project in Brazil

Project Finance Brief: Voltalia Sells Minority Stake in its 320 MW Solar Project in Brazil

From: Mercom Capital Group STOA Infra and Energy, an investment fund specialized in infrastructure projects, acquired a 33% equity stake in the SSM1&2 solar projects in Brazil developed and owned ...
/ / Finance and M&A, Solar
Funding and M&A Roundup Enphase Energy Acquires SolarLeadFactory

Funding and M&A Roundup: Enphase Energy Acquires SolarLeadFactory

From: Mercom Capital Group Enphase Energy, a micro inverter-based solar-plus-storage systems supplier, acquired California-based SolarLeadFactory. The financial terms of the transaction were not disclosed. Founded in 2012, SolarLeadFactory produces, curates, ...
/ / Finance and M&A, Other
Project Finance Brief: Gore Street Acquires 90% Stake in a 22 MW Energy Storage Project

Project Finance Brief: Gore Street Acquires 90% Stake in a 22 MW Energy Storage Project

From: Mercom Capital Group London Stock Exchange-listed battery storage investment fund Gore Street has completed the acquisition of a 90% stake in a 22 MW/28 MWh operational energy storage asset in Cremzow, Germany. The ...
/ / Finance and M&A, Solar
Funding and M&A Roundup Sonnedix Acquires Solar Developer Sun Power Energy (1)

Funding and M&A Roundup: Sonnedix Acquires Solar Developer Sun Power Energy

From: Mercom Capital Group Sonnedix, an independent solar power producer (IPP), has acquired Warsaw-based Sun Power Energy, a solar project developer in Poland. The acquisition gives Sonnedix close to a ...
/ / Finance and M&A, Other
Funding and M&A Roundup: Aurora Solar Raises $200 Million in Series D Funding

Funding and M&A Roundup: Aurora Solar Raises $200 Million in Series D Funding

From: Mercom Capital Group Aurora Solar, a cloud-based solar projects design and proposal software solutions provider, has raised $200 million in a Series D funding round co-led by current investors Coatue and Energize ...
/ / Finance and M&A, Solar
Project Finance Brief: Blackstone-backed Aypa Acquires a 100 MW Energy Storage Project

Project Finance Brief: Blackstone-backed Aypa Acquires a 100 MW Energy Storage Project

From: Mercom Capital Group Aypa Power, a Blackstone portfolio company and developer, owner, and operator of energy storage and hybrid generation assets acquired the 100 MW Yadkins Energy storage project from  East Point ...
Project Finance Brief Econergy Secures €200 Million Funding for Solar Projects (1)

Project Finance Brief: Econergy Secures €200 Million Funding for Solar Projects

From: Mercom Capital Group Econergy Renewable Energy, an independent power producer, has secured €200 million (~$227 million) for its Romanian and Polish solar projects through joint ventures with Phoenix Insurance ...
/ / Finance and M&A, Other
Funding and M&A Roundup Clean Energy Marketplace Palmetto Raises $375 Million

Funding and M&A Roundup: Clean Energy Marketplace Palmetto Raises $375 Million

From: Mercom Capital Group Palmetto, a clean energy marketplace and a provider of solar energy consumption analytics software solutions for residential solar, has raised $375 million to accelerate the adoption ...
/ / Finance and M&A, Other
Funding and M&A Roundup Hydrogen Fuel Cell Company Bramble Energy Raises $47 Million

Funding and M&A Roundup: Hydrogen Fuel Cell Company Bramble Energy Raises $47 Million

From: Mercom Capital Group London-based hydrogen fuel cell company Bramble Energy raised £35 million (~$47 million) in a Series B funding round led by HydrogenOne Capital Growth. Other existing institutional ...
/ / Finance and M&A, Other
Project Finance Brief Enfinity Global Acquires 250 MW Solar Portfolio in Japan

Project Finance Brief: Enfinity Global Acquires 250 MW Solar Portfolio in Japan

From: Mercom Capital Group Spain-based renewable energy company Enfinity Global announced the acquisition of a 250 MW solar PV portfolio in Japan with an enterprise value of $1 billion. This ...
/ / Finance and M&A, Other
Project Finance Brief: Acciona Energia Acquires the 350 MW Red-Tailed Hawk Solar Project

Project Finance Brief: Acciona Energia Acquires the 350 MW Red-Tailed Hawk Solar Project

From: Mercom Capital Group Acciona Energia, a subsidiary of Acciona, a Spanish company developing renewable energy projects, has acquired Red-Tailed Hawk, a 350 MW solar PV project near Houston in ...
/ / Finance and M&A, Other
Funding and M&A Roundup: Battery Storage Company Zenobe Secures £241 Million Debt

Funding and M&A Roundup: Battery Storage Company Zenobe Secures £241 Million Debt

From: Mercom Capital Group Zenobe Energy (formerly Battery Energy Storage Solutions), a developer, operator, and owner of battery storage assets in the U.K., has secured a multi-source debt structure of ...
/ / Finance and M&A, Other
Project Finance Brief BayWa r.e. to Acquire 700 MW of Spanish PV Portfolio

Project Finance Brief: BayWa r.e. to Acquire 700 MW of Spanish PV Portfolio

From: Mercom Capital Group BayWa r.e., a renewable service provider, energy developer, and distributor, has agreed to acquire 700 MW of Spanish PV development portfolio from Quercus, a specialist investor ...
/ / Finance and M&A, Other
Funding and M&A Roundup Lithium Battery Component Company Soelect Raises $11 Million

Funding and M&A Roundup: Lithium Battery Component Company Soelect Raises $11 Million

From: Mercom Capital Group Soelect – a developer of advanced solid-state battery components to power the next generation of electric vehicles, power tools, and mobile electronics - raised $11 million ...
/ / Finance and M&A, Other
Project Finance Brief Brookfield Acquires 20 GW Solar and Energy Storage Portfolio

Project Finance Brief: Blue Elephant Acquires 120 MW of Solar Projects in the Netherlands

From: Mercom Capital Group Blue Elephant Energy (BEE), a Hamburg-based independent operator of solar and wind projects, acquired six ready-to-build solar projects in the Netherlands with an overall capacity of ...
/ / Finance and M&A, Other
Funding and M&A Roundup: Israeli Battery Technology Company Addionics Raises $27 Million

Funding and M&A Roundup: Israeli Battery Technology Company Addionics Raises $27 Million

From: Mercom Capital Group Addionics, a chemistry-agnostic battery technology company, has raised $27 million in a Series A funding round to scale up its efforts to redesign battery architecture with the company’s Smart ...
/ / Finance and M&A, Solar
Funding and M&A Roundup: Factorial Energy Raises $200 Million for Solid-State Battery

Funding and M&A Roundup: Factorial Energy Raises $200 Million for Solid-State Battery

From: Mercom Capital Group Factorial Energy, a solid-state battery company, raised $200 million in a Series D funding round led by Mercedes-Benz (DAI) and Stellantis. Funding will be used to accelerate commercial production ...
/ / Finance and M&A, Solar
Project Finance Brief: Cordelio Power Acquires a 900 MW Solar Project Pipeline

Project Finance Brief: Cordelio Power Acquires a 900 MW Solar Project Pipeline

From: Mercom Capital Group Cordelio Power, a renewable power producer, acquired a 900 MW pipeline of utility-scale solar projects from SunEast Renewables, a solar project developer. The projects are located primarily in New ...
/ / Finance and M&A, Solar
Warren Buffett’s MidAmerican Energy Plans a $3.9 Billion Renewable Energy Project

Warren Buffett’s MidAmerican Energy Plans a $3.9 Billion Renewable Energy Project

MidAmerican Energy, a subsidiary of Warren Buffett’s Berkshire Hathaway Energy, announced its plans for a $3.9 billion renewable energy project in Iowa, United States. The proposed project called ‘Wind PRIME’ ...
/ / Other, Renewable Energy
Daily News Wrap-Up: Hero Electric Partners with Mahindra to Boost its EV Manufacturing

Daily News Wrap-Up: Hero Electric Partners with Mahindra to Boost its EV Manufacturing

Here are some noteworthy cleantech announcements of the day from around the world: Hero Electric and the Mahindra Group announced their collaboration intent as part of Hero's growth and expansion ...
/ / 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
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