SUN Mobility Raises $50 Million From Vitol For Accelerating EV Infrastructure

SUN Mobility Raises $50 Million From Vitol For Accelerating EV Infrastructure

Electric vehicle infrastructure and services provider SUN Mobility has raised $50 million from Vitol, a Dutch energy trader and investor in renewable energy companies. The funds raised will be used ...
Carbon Capture Raises $35 Million in Series A Funding

Carbon Capture Raises $35 Million in Series A Funding

Carbon Capture, a climate tech company that makes machines to remove carbon dioxide from the atmosphere, said it had raised $35 million in a Series A funding round. With this ...
/ / Other, Renewable Energy
BluSmart Plans to Expand its EV Fleet to Six Cities in India: Interview

BluSmart Plans to Expand its EV Fleet to Six Cities in India: Interview

The electric vehicle (EV) sector in India expects high growth in the upcoming years. Several states and union territories, including Delhi, Maharashtra, Gujarat, and Rajasthan, have announced EV policies to support EV adoption. The ...
/ / Electric Vehicles, Grid
Power Sector Financier REC Limited Secures $75 Million Loan from Sumitomo Mitsui Banking

Power Sector Financier REC Limited Secures $75 Million Loan from Sumitomo Mitsui Banking

REC Limited, a public infrastructure finance company in India’s power sector, has raised a $75 million five-year secured overnight financing rate (SOFR) linked syndicated term loan. Sumitomo Mitsui Banking Corporation ...
/ / Finance and M&A, Other
Solar Leasing Firm Enpal Raises $174.9 Million from SoftBank

Solar Leasing Firm Enpal Raises $174.9 Million from SoftBank

Enpal, a Germany-based solar photovoltaic and battery leasing solutions provider, said it has raised €150 million (~$174.9 million) from SoftBank Vision Fund 2 in Series C funding round. The company ...
/ / Finance and M&A, Solar
Daily News Wrap-Up: Lightsource bp Enters Poland Market with a 757 MW Solar Project

Daily News Wrap-Up: Lightsource bp Enters Poland Market with a 757 MW Solar Project

Here are some noteworthy cleantech announcements of the day from around the world: Solar developer Lightsource bp has secured its first projects in Poland through a 757 MW co-development deal ...
/ / Other, Renewable Energy
Daily News Wrap-Up: Pfizer to Buy Solar Power From a 310 MW Project in Texas

Corporate Funding for Solar Up 190% YoY With $22.8 Billion in 9M 2021

Global corporate funding in the sector, including venture capital (VC) funding, public market, and debt financing, stood at $22.8 billion in 112 deals in the first nine months (9M) of ...
Solar Software DeveloSolar Software Developer RatedPower Raises $6 Million in Series A Fundingper RatedPower Raises $6 Million in Series A Funding

Solar Software Developer RatedPower Raises $6 Million in Series A Funding

RatedPower, a Spain-based developer of design and optimization software for utility-scale solar projects, has raised €5.3 million (~$6.1 million) in series A funding. The round was led by Seaya Ventures, ...
/ / Finance and M&A, Solar
Energy Market Access Platform Leap Raises $33.5 Million in Series B Funding

Energy Market Access Platform Leap Raises $33.5 Million in Series B Funding

Energy market access platform Leap has raised $33.5 million in equity and debt in Series B funding led by Park West Asset Management, a Northern California-based investment management firm. Existing ...
/ / Finance and M&A, Other
Funding and M&A Roundup Residential Solar Finance Company GoodLeap Raises $800 Million

Funding and M&A Roundup: Residential Solar Finance Company GoodLeap Raises $800 Million

From: Mercom Capital Group GoodLeap (formerly Loanpal) - a California-based solar loan origination platform that finances solar systems and batteries - announced an investment round of more than $800 million, ...
/ / Finance and M&A, Other
Clean Energy Platform WattBuy Secures Additional $10 Million in Series A Funding

Clean Energy Platform WattBuy Secures Additional $10 Million in Series A Funding

Clean energy platform WattBuy has announced a $10 million expansion of their Series A raise, led by SE Ventures, a venture capital fund backed by Schneider Electric, along with My ...
/ / Finance and M&A, Solar
Tata Motors to Raise $1 Billion for its Passenger Electric Vehicle Subsidiary

Tata Motors to Raise $1 Billion for its Passenger Electric Vehicle Subsidiary

TPG Rise Climate, the climate investing strategy of TPG’s global impact investing platform, and Abu Dhabi Developmental Holding Company (ADQ) have entered into a binding agreement to invest ₹75 billion ...
Oorja Raises $1 Million in Seed Funding for Agri Solar Solutions

Oorja Raises $1 Million in Seed Funding for Agri Solar Solutions

Oorja Development Solutions, a Delhi-based off-grid solar services provider, said it had secured $1 million in seed funding from Schneider Electric Energy Access Asia (SEEAA). The company will utilize the ...
/ / Finance and M&A, Solar
RedEarth Energy Storage Raises $8.8 Million in Pre-IPO Round

RedEarth Energy Storage Raises $8.8 Million in Pre-IPO Round

Solar battery network startup RedEarth Energy Storage has raised AU$12 million (~$8.82 million) in a pre-IPO round led by Ord Minnett Private Opportunities. The company plans to use the funds ...
/ / Finance and M&A, Solar
Zinc Battery Manufacturer Eos Energy Raises $25 Million to Expand Production

Zinc Battery Manufacturer Eos Energy Raises $25 Million to Expand Production

Eos Energy Enterprises, a U.S.-based zinc-powered energy storage systems provider, announced that its wholly-owned subsidiary HI-POWER had signed a $25 million equity financing agreement with Trinity Capital. The funding will be ...
/ / Finance and M&A, Other
Funding and M&A Roundup: Energy Storage Company VFlowTech Secures $3 Million Financing

Funding and M&A Roundup: Energy Storage Company VFlowTech Secures $3 Million Financing

From: Mercom Capital Group Energy storage solutions provider VFlowTech has secured $3 million in Pre-Series A financing led by Wavemaker Partners, with participation from SEEDS Capital, Sing Fuels, and other prominent angel investors ...
/ / Finance and M&A, Solar
Daily News Wrap-Up: Germany to Contribute €100 Million for Sustainable Energy in Africa

Daily News Wrap-Up: Germany to Contribute €100 Million for Sustainable Energy in Africa

Here are some noteworthy cleantech announcements of the day from around the world: Germany will contribute €100 million (~$115.45 million) to the African Development Bank's Sustainable Energy Fund for Africa ...
/ / Other, Renewable Energy
Funding and M&A Roundup: Energy Storage Company Fluence Files for IPO

Funding and M&A Roundup: Energy Storage Company Fluence Files for IPO

From: Mercom Capital Group Fluence, a provider of energy storage products and services, has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission (SEC) relating to a proposed ...
/ / Finance and M&A, Solar
Ola Raises $200 Million to Expand its Electric Vehicle Platform

Ola Raises $200 Million to Expand its Electric Vehicle Platform

Bangalore-based electric vehicle (EV) manufacturer Ola Electric has raised over $200 million, at a valuation of $3 billion, from Falcon Edge, Softbank, and other investors. The fresh funding will help the ...
/ / Finance and M&A, Other
Energize Ventures Raises $330 Million to Enhance Energy Transition Technologies

Energize Ventures Raises $330 Million to Enhance Energy Transition Technologies

Energize Ventures, a global investment manager that funds digital-first solutions for sustainable energy transition, announced that it had raised $330 million while closing its second flagship fund. The company said ...
/ / Finance and M&A, Other
EV Ride-Hailing Platform BluSmart Raises $25 Million in Series A Funding

EV Ride-Hailing Platform BluSmart Raises $25 Million in Series A Funding

Electric ride-hailing platform BluSmart has raised $25 million in Series A funding from multiple investors. bp ventures, a venture capital arm of energy major bp, led the financing round and ...
/ / Finance and M&A, Solar
Solar Asset Management Platform Omnidian Raises $33 Million in Series B Round

Solar Asset Management Platform Omnidian Raises $33 Million in Series B Round

Solar system performance plan provider Omnidian has secured $33 million in a Series B capital raise led by Activate Capital. The company expects to use the fund to expand into ...
/ / Finance and M&A, Other
Plasma Tech Provider 6K Raises $51 Million for Advanced Battery Material Development

Plasma Tech Provider 6K Raises $51 Million for Advanced Battery Material Development

Advanced microwave-based plasma technology provider 6K closed a $51 million Series C financing round led by Volta Energy Technologies. The funding is expected to enable tripling of production capacity for ...
/ / Finance and M&A, Other
Funding and M&A Roundup: Solar Leasing Firm Enpal Raises $322 Million

Funding and M&A Roundup: Solar Leasing Firm Enpal Raises $322 Million

From: Mercom Capital Group Enpal, a German-based solar PV and battery leasing solutions company, secured senior debt commitments of €275 million (~$322 million) from BlackRock, Pricoa Private Capital, and UniCredit. In addition, ...
/ / Finance and M&A, Solar
Solar Cell & Module Maker Premier Energies Raises ₹2 Billion from GEF Capital

Solar Cell & Module Maker Premier Energies Raises ₹2 Billion from GEF Capital

Solar photovoltaic (PV) cell and module manufacturer Premier Energies has raised ₹2 billion (~$27.11 million) from climate investment-focused private equity manager GEF Capital Partners. Premier Energies will infuse the funds ...
/ / Finance and M&A, Solar