EIB to Provide $3.55 Billion for Renewable Expansion in Europe and Beyond

EIB to Provide $3.55 Billion for Renewable Expansion in Europe and Beyond

The European Investment Bank (EIB) announced that it would provide €3 billion (~$3.55 billion) for renewable energy projects across Europe and around the globe. This would be a part of ...
/ / Finance and M&A, Other
Australian Renewable Energy Agency Receives $1.62 Billion to Reduce Emissions

Australian Renewable Energy Agency Receives $1.62 Billion to Reduce Emissions

The Australian Renewable Energy Agency (ARENA) received a funding package worth $1.62 billion from the government to enhance the utilization of low emission technologies to cut emissions across the chain ...
/ / Other, Renewable Energy
Project Finance Brief_ Nexamp to Acquire 50 MW of Community Solar Projects

Project Finance Brief: Nexamp to Acquire 50 MW of Community Solar Projects

Sun Investment Group (SIG) and Ignitis Renewables have signed a contract under which Ignitis Renewables will acquire a 170 MW turnkey portfolio developed in Poland by SIG. The PV projects ...
/ / Other, Renewable Energy
Funding and M&A Roundup_ Trina Solar Acquires Nclave Renewable, Lumos Raises $35 Million

Funding and M&A Roundup: Trina Solar Acquires Nclave Renewable, Lumos Raises $35 Million

Trina Solar, a solar and smart energy total solution provider, announced its acquisition of the remaining 49% equity in Nclave Renewable to make Nclave a wholly-owned subsidiary of Trina Solar ...
/ / Other, Renewable Energy
Fourth Partner Energy Receives ₹1.26 Billion to Expand Distributed Solar Footprint (1)

Fourth Partner Energy Receives ₹1.26 Billion to Expand Distributed Solar Footprint

Symbiotics, an investment firm specialized in emerging, sustainable, and inclusive finance, issued its first bond the proceeds of which are exclusively used to finance renewable energy projects. It raised ₹1.26 ...
/ / Finance and M&A, Solar
Funding and M&A Roundup_ Hemlock Semiconductor Acquires DuPont’s Solar Material Unit

Funding and M&A Roundup: Hemlock Semiconductor Acquires DuPont’s Solar Material Unit

Here is a roundup of corporate funding and M&A deals from last week covering the global renewable energy industry: Hemlock Semiconductor Operations (HSC) has acquired a DuPont business that makes trichlorosilane ...
/ / Other, Renewable Energy
Solar Digital Deployment Solutions Provider Terabase Energy Raises $6 Million

Solar Digital Deployment Solutions Provider Terabase Energy Raises $6 Million

Terabase Energy, a U.S.-based solar digital solutions provider for utility-scale projects globally, announced that it has secured through Series A financing, led by SJF Ventures. The company's Series A financing ...
/ / Finance and M&A, Solar
EV Startup Ultraviolette Automotive Secures ₹300 Million from TVS Motors

EV Startup Ultraviolette Automotive Secures ₹300 Million from TVS Motors

Ultraviolette Automotive Private Limited, a Bangalore-based electric vehicle (EVs) startup, announced that it had secured ₹300 million (~$4.08 million) from TVS Motor Company in a Series B funding round. TVS ...
/ / Finance and M&A, Other
EV Ride-Hailing Platform BluSmart Secures ₹510 Million

EV Ride-Hailing Platform BluSmart Secures ₹510 Million

BluSmart, an electric ride-hailing platform, announced that it secured ₹510 million (~$6.89 million) in its pre-series A funding round from multiple investors. According to its press release, investors like Inflection ...
/ / Finance and M&A, Other
Funding and M&A Roundup_ Indian Lithium-ion battery Maker Grinntech Raised $2 million

Funding and M&A Roundup: Indian Lithium-ion battery Maker Grinntech Raised $2 Million

Here is a roundup of corporate funding and M&A deals from last week covering the global renewable energy industry: SenseHawk, a SaaS platform that helps customers develop, build, and operate ...
/ / Finance and M&A, Other
Daily News Wrap-Up_ Sweden’s Azelio to Supply 65 MW of Energy Storage Systems to India

Daily News Wrap-Up: Sweden’s Azelio to Supply 65 MW of Energy Storage Systems to India

Here are some noteworthy cleantech announcements of the day from around the world: Azelio, a Sweden-based energy storage company, announced that it signed a Memorandum of Understanding (MoU) with Atria ...
/ / Other, Renewable Energy
EnerVenue Secures $12 Million in Seed Funding to Develop Metal-Hydrogen

EnerVenue Secures $12 Million in Seed Funding to Develop Metal-Hydrogen Batteries

EnerVenue, a U.S.-based renewable storage battery manufacturer, announced that it secured $12 million in seed funding on its launch. The Chairman of Towngas, Peter Lee, led the seed funding round ...
/ / Finance and M&A, Other
Funding and M&A Roundup_ ReneSola Acquires Solar Projects and Assets in the US

Funding and M&A Roundup: ReneSola Acquires Solar Projects and Assets in the US

Joule Case, a battery tech startup producing stackable energy storage units, landed more than $500,000 in funding as part of convertible notes. Using lithium-ion and lead-acid batteries, Joule Case has ...
/ / Other, Renewable Energy
Government Invites Proposal for Research on Carbon Capture, Utilization & Storage

Government Invites Proposal for Research on Carbon Capture, Utilization & Storage

The government of India’s (GOI) Department of Science and Technology (DST) is encouraging translational research on carbon capture, utilization & storage (CCUS). DST has invited proposals from Indian researchers in ...
/ / Other, Renewable Energy
Funding and M&A Roundup_ China Three Gorges Acquires 500 MW of Solar Assets From X-Elio

Funding and M&A Roundup: China Three Gorges Acquires 500 MW of Solar Assets From X-Elio

Here are some of the important funding and M&A updates of last week from the global renewable energy industry: Sembcorp Industries has obtained a $40 million loan facility from DBS ...
/ / Other, Renewable Energy
French Solar Developer Technique Solaire Raises $29 Million to Expand its Portfolio

French Solar Developer Technique Solaire Raises $29 Million to Expand its Portfolio

Technique Solaire, a France-based solar developer, announced that it had raised €25 million (~$29.3 million) from its partners Bpifrance and Crédit Agricole Group. This marks the second round of funding for the company ...
/ / Finance and M&A, Solar
Funding and M&A Roundup: ChargePoint Secures $127M, First Solar Sells O&M Business

Funding and M&A Roundup: ChargePoint Secures $127M, First Solar Sells NA O&M Business

Here are some of the important funding and M&A updates of last week from the global renewable energy industry: Mumbai-based early-stage VC Unicorn India Ventures has announced its fourth investment ...
/ / Finance and M&A, Other
Funding and M&A Roundup_ Tokyo Gas Acquires 514 MW Solar Project, Northvolt Raises $1.6B

Funding and M&A Roundup: Tokyo Gas Acquires 514 MW Solar Project, Northvolt Raises $1.6B

Here are some important funding and m&a updates from the global renewable energy industry from the past week: Northvolt, a lithium-ion battery manufacturer, announced the signing of a $1.6 billion ...
/ / Markets & Policy, Solar
Corporate Funding for Solar Slid Globally in 1H 2020 But, It Could Have Been Worse

Corporate Funding for Solar Slid Globally in 1H 2020 But, It Could Have Been Worse

Total corporate funding – including venture capital (VC) funding, public market, and debt financing – dipped 25% to $4.5 billion (~₹336.09 billion) in the first half of 2020 (1H 2020) ...
Building Energy and Inspired Evolution Launch JV for Renewables in Africa and the Middle East

Building Energy and Inspired Evolution Launch JV for Renewables in Africa and the Middle East

Building Energy, an Italian renewable company, in partnership with Inspired Evolution, has successfully closed the buy-out of its African and Middle East business and launched Red Rocket, an independent power producer ...
Electric Vehicle Maker Euler Motors Raises ₹200 Million from Inventus Capital India

Electric Vehicle Maker Euler Motors Raises ₹200 Million from Inventus Capital India

Euler Motors, a New Delhi-based electric vehicle (EV) manufacturer, has announced that it has raised ₹200 million (~$2.66 million) as part of its ongoing Series A funding led by Inventus Capital ...
Experts Shed Light on Technologies That Can Turn Rooftop Solar into Appreciating Assets

Experts Shed Light on Technologies That Can Turn Rooftop Solar into Appreciating Assets

The rooftop segment with nearly 4 GW of installations, is way off the target of 40 GW set by the government for December 2022. The rooftop market saw a steep ...
/ / Rooftop, Solar
Abu Dhabi Fund Extends $105 Million for 8 IRENA Recommended Renewable Projects

Abu Dhabi Fund Extends $105 Million for 8 IRENA Recommended Renewable Projects

The Abu Dhabi Fund for Development (ADFD) has approved about $105 million (~₹7.42 billion) for the development of eight renewable energy projects under the seventh cycle of its partnership with ...
Month in a Minute_ Important News Snippets from India’s Renewable Sector in November 2019

Month in a Minute: Important News Snippets from India’s Renewable Sector in November 2019

For the domestic renewable industry, November was a busy month on the investment front. There were several important funding announcements in the Indian renewable sector, along with technological developments and ...
France’s PROPARCO Makes $15 Million Equity Investment in Solar Developer Avaada Energy

France’s PROPARCO Makes $15 Million Equity Investment in Solar Developer Avaada Energy

PROPARCO, a French development financial institution, has announced that it has made a $15 million (~₹1.07 billion) equity investment in independent power producer Avaada Energy Private Limited. According to Mercom’s ...
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