Daily News Wrap-Up Enfinity Global Adds 205 MW of Solar Capacity in India

Daily News Wrap-Up: Enfinity Global Adds 205 MW of Solar Capacity in India

Here are some noteworthy cleantech announcements of the day from around the world: U.S.-based renewable energy company Enfinity Global added 205 MW of solar capacity in India with the interconnection ...
/ / Other, Renewable Energy
Battery Manufacturing Startup Clean Electric Raises $2.2 Million in Seed Fund

Battery Manufacturing Startup Clean Electric Raises $2.2 Million in Seed Fund

Clean Electric raised $2.2 million in a seed round led by a Bengaluru-based early-stage venture capital firm Kalaari Capital, to produce 5,000 electric vehicles (EV) battery packs monthly from a ...
Month in a Minute Top Headlines from Indian Renewable Sector in October 2022

Month in a Minute: Top Headlines from Indian Renewable Sector in October 2022

Here is a recap of some of the most important headlines from October 2022: India’s installed renewable energy capacity, including large hydro projects, stood at 163.7 GW, accounting for a ...
/ / Other, Renewable Energy
Funding and M&A Roundup: Ascend Elements Secures $300 Million in Funding

Funding and M&A Roundup: Ascend Elements Secures $300 Million in Funding

From: Mercom Capital Group Ascend Elements, a provider of closed-loop battery materials solutions, raised $300 million in equity and debt financing. The funding round includes $200 million in Series C equity investments ...
/ / Finance and M&A, Other
EV Financing Platform Revfin Raises $10 Million to Expand Operations Across 25 States

EV Financing Platform Revfin Raises $10 Million to Expand Operations Across 25 States

Electric Vehicle (EV) financing platform for individuals Revfin has closed a Series A funding round of $10 million in a combination of equity and debt. The funding round was led by ...
US Announces $30 Million Funding for Wind Power Research

US Announces $30 Million Funding for Wind Power Research

The United States Department of Energy (DOE) has said it intends to use $30 million from the President's Bipartisan Infrastructure Law to reinforce wind energy's key role as a clean ...
/ / Renewable Energy, Wind
Corporate Funding for Solar Down 18% YoY with $18.7 Billion in 9M 2022

Corporate Funding for Solar Down 18% YoY with $18.7 Billion in 9M 2022

Total corporate funding, including venture capital funding, public market, and debt financing, for the solar sector in the first nine months (9M) 2022 stood at $18.7 billion, 18% lower than ...
Waaree Raises ₹10 Billion to Expand Solar Module Manufacturing Capacity

Waaree Energies Raises ₹10 Billion to Expand Solar Module Manufacturing Capacity

Indian solar module manufacturer Waaree Energies has raised ₹10 billion (~$122.63 million) from various high-net-worth individuals and private offices. The proceeds will be used to expand Waaree’s manufacturing facility in ...
/ / Finance and M&A, Solar
US Announces $7 Billion Funding to Create Regional Clean Hydrogen Hubs

US Announces $7 Billion Funding to Create Regional Clean Hydrogen Hubs

The U.S. Department of Energy (DOE) has announced a $7 billion funding opportunity to create regional clean hydrogen hubs (H2Hubs) across America. The funding is part of a larger $8 ...
/ / Other, Renewable Energy
16 Countries Pledge $94 Billion for Renewable Demonstration Projects Globally

16 Countries Pledge $94 Billion for Renewable Demonstration Projects Globally

Sixteen countries committed $94 billion for clean energy demonstration projects globally at the first-ever Global Clean Energy Action Forum in Pittsburgh. The commitments are in response to U.S. President Joe ...
/ / Other, Renewable Energy
Wind Turbine Manufacturer Suzlon to Raise ₹12 Billion Through Rights Issue

Wind Turbine Manufacturer Suzlon to Raise ₹12 Billion Through Rights Issue

India-based wind turbine manufacturer Suzlon Energy hopes to raise ₹12 billion (~$147.09 million) through a right issue of 2.4 billion company shares. The shares with a face value of ₹2 ...
/ / Finance and M&A, Other, Wind
Solar EVA Manufacturer Navitas Alpha Raises ₹70 Million in a Seed Round

Solar EVA Manufacturer Navitas Alpha Raises ₹70 Million in a Seed Round

Solar Ethyl Vinyl Acetate (EVA) manufacturer Navitas Alpha Renewables (NARPL) has raised ₹70 million(~$866,041) in a seed round led by investment advisory firm Niveshaay with participation from Madhusudan Sarda, IVY Growth ...
/ / Finance and M&A, Solar
EV Startup Esmito Raises $100 Million to Expand Battery Swapping Solutions

EV Startup Esmito Raises ₹100 Million to Expand Battery Swapping Solutions

Esmito, an IIT Madras incubated electric vehicle (EV) startup, has raised ₹100 million (~$1.25 million) in a seed round led by Mumbai-based early-stage investor Unicorn India Ventures. The funds raised ...
Terra-Gen Secures $959 Million for a 410 MW Solar and 1.8 GWh Battery Storage Project

Terra-Gen Secures $959 Million for a 410 MW Solar and 1.8 GWh Battery Storage Project

Leading independent renewable energy provider Terra-Gen has completed project financing of $959 million for the second phase of its Edwards Sanborn Solar Storage facility in Kern County, California. The second ...
Project Finance Brief: Terra-Gen Raises $959 Million for Solar Storage Projects

EV Charging Infrastructure Company TeraWatt Raises $1 Billion

California-based electric vehicle charging infrastructure company TeraWatt has secured over $1 billion of institutional capital to support the buildout of its fleet-focused charging centers and operations. Funds managed by Vision ...
Solar Monitoring and Analytics Company Prescinto Raises $6.5 Million in Financing

Solar Monitoring and Analytics Company Prescinto Raises $6.5 Million in Financing

Indian solar monitoring and analytics platform Prescinto Technologies has raised $6.5 million in financing and forayed into the U.S. market. The company is partnering with a major international energy storage ...
Yulu Raises $82 Million Equity Funding to Ramp Up Mobility, Battery Swapping Businesses

Yulu Raises $82 Million Equity Funding to Ramp Up Mobility, Battery Swapping Businesses

Yulu, a Bengaluru-based shared electric mobility-as-a-service (MaaS) and battery-as-a-service (BaaS) provider, has secured equity funding of ₹6.5 billion ($82 million) in a Series-B funding round led by U.S.-based mobility technology ...
/ / Electric Vehicles, Grid
Funding and M&A Roundup: Battery Recycling Company Ascend Elements Raises $50 Million

Funding and M&A Roundup: Battery Recycling Company Ascend Elements Raises $50 Million

From: Mercom Capital Group Ascend Elements, a lithium-ion battery recycling and engineered materials company, announced a strategic investment of $50 million from SK ecoplant, the environmental unit of Korean conglomerate SK Inc. The ...
/ / Finance and M&A, Solar
Daily News Wrap-Up: KP Energy to Build Wind Projects for Aditya Birla

Daily News Wrap-Up: KP Energy to Build Wind Projects for Aditya Birla

Here are some noteworthy cleantech announcements of the day from around the world: KP Energy has received an order worth ₹2.22 billion (~$27.89 million) from Aditya Birla Group to develop ...
/ / Other, Renewable Energy
US Seeks Public Weigh-in for Lithium-ion Battery Recycling Program

US Seeks Public Weigh-in for Lithium-ion Battery Recycling Program

The U.S. Department of Energy (DOE) has issued a Request for Information (RFI) to help guide the implementation of $335 million in investments from President Biden’s Bipartisan Infrastructure Law for ...
Funding and M&A Roundup: Pivot Energy Acquires Community Solar Project Developer

Funding and M&A Roundup: Pivot Energy Acquires Community Solar Project Developer

From: Mercom Capital Group Pivot Energy, a commercial and community solar project developer, has acquired SGC Power, a Maryland-based community solar developer. SGC Power has been involved in 2.8 GW of solar ...
/ / Finance and M&A, Solar
EV Charging Solutions Provider goEgoNetwork Raises ₹600 Million in Series A Funding

EV Charging Solutions Provider goEgoNetwork Raises ₹600 Million in Series A Funding

Pune-based provider of electric vehicle (EV) charging solutions goEgoNetwork raised approximately ₹600 million (~$7.53 million) in Series A equity funding to develop and install the Fast DC Charging Station product ...
/ / Electric Vehicles, Grid
EV Charging Startup Exponent Energy Raises $13 Million in Series A Funding Round

EV Charging Startup Exponent Energy Raises $13 Million in Series A Funding Round

Electric vehicle (EV) charging startup Exponent Energy secured $13 million in its Series A funding round. The funding round led by Lightspeed Venture Partners saw participation from existing investors like ...
Funding and M&A Roundup: PNE AG Acquires Majority Stake in Spanish Solar Developer

Funding and M&A Roundup: PNE AG Acquires Majority Stake in Spanish Solar Developer

From: Mercom Capital Group PNE AG, a German power-focused renewables company, has acquired 51% of the shares in Coliaenergia (KOLYA), a Spanish developer of large solar projects from Consultoria Industrial Beaguihe and Garisun ...
/ / Finance and M&A, Solar
Daily News Wrap-Up Iberdrola and bp to Invest €1 Billion to Accelerate EV Charging

Daily News Wrap-Up: Iberdrola and bp to Invest €1 Billion to Accelerate EV Charging

Here are some noteworthy cleantech announcements of the day from around the world: Iberdrola and bp will jointly invest up to €1 billion (~$1.02 billion) to deploy 11,000 fast charge ...
/ / Other, Renewable Energy