funding
From: Mercom Capital Group VoltSeal, a distributed battery storage company serving commercial and industrial consumers, has raised $1.5 million in a pre-seed funding...
Bengaluru-based biofuels firm GPS Renewables has raised ₹6.35 billion (~$66.6 million) in Series C funding to support its compressed biogas project pipeline across India....
Corporate funding for energy storage companies, including venture capital (VC) investments, public market funding, and debt financing, increased 5% year-over-year (YoY)...
From: Mercom Capital Group Crux, a clean energy finance platform, has closed a $500 million debt financing facility with Nuveen Energy Infrastructure Credit, Nuveen’s...
From: Mercom Capital Group Nyobolt, a U.K.-based fast-charging Li-ion battery solutions developer, raised $60 million in a Series C funding round, bringing the company’s...
Ecofy, a non-banking financial company backed by Eversource Capital, British International Investment, FMO, and Finnfund, has raised $15 million in debt financing from...
From: Mercom Capital Group Contemporary Amperex Technology (CATL), a China-based battery manufacturing and technology company, announced the completion of a share...
The Maharashtra state cabinet has approved a five-year ₹123.03 billion (~$1.48 billion) program to accelerate the deployment of renewable energy and storage. The...
From: Mercom Capital Group UK-based Exergy3, a thermal energy storage startup, raised £10 million (~$13.5 million) in a seed funding round, led by Axeleo Capital through...
Gurugram-based Battery Smart, a battery-swapping network for electric two- and three-wheelers operated by Upgrid Solutions, has secured $15 million in debt funding from...
From: Mercom Capital Group Sigenergy Technology, a provider of home battery storage and commercial solar solutions, raised over HK$4.4 billion (~$562 million) through...
Polaris Smart Metering has secured ₹7.1 billion (~$76.15 million) in financing from British International Investment (BII) for its subsidiary to scale up smart meter...
GAIL (India) has approved an investment of ₹38 billion (~$407.5 million) to set up 700 MW of solar-plus-storage projects in Uttar Pradesh and Maharashtra. The projects...
From: Mercom Capital Group TeraWatt Technology, a lithium-ion battery manufacturer, has completed the final close of its Series C funding round. The company has not...
The Indian Railway Finance Corporation (IRFC), the dedicated funding arm of the Indian Railways, has disbursed a ₹10 billion (~$108.05 million) term loan to Maharashtra...
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