Corporate Funding for Battery Energy Storage Companies Was Up 136% at $6.6 Billion in 2020
Total corporate funding (including venture capital funding, public market, and debt financing) for the battery storage, smart grid, and energy efficiency sectors in 2020 was up 112% at $8.1 billion ...
After a Lull in Q2, Investments in Indian Solar Sector Up by 170% in Q3 2020
Investments in the Indian solar sector rose by 170% and stood at approximately $270 million (~₹19.9 billion) in the third quarter of 2020 (Q3 2020), compared to $100 million (~₹7.4 ...
Solar Project Acquisition Activity Up 52% YoY in First Nine Months of 2020
Mercom Capital Group's latest 9M and Q3 2020 Solar Funding and M&A Report showed that total corporate funding – including venture capital (VC) funding, public market, and debt financing jumped 43% ...
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 ...
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 ...
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 ...
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 ...
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 ...
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) ...
Corporate Funding in 2019 Jumps 20% Reaching $12 Billion in the Solar Sector Globally
Total corporate funding in the solar sector increased by 20% in 2019, reaching $11.7 billion in 117 deals, up from $9.7 billion in 139 deals in 2018, according to Mercom ...
Abu Dhabi’s Masdar Set to Acquire a Minority Stake in India’s Hero Future Energies
Masdar (or Abu Dhabi Future Energy Company) is set to acquire a minority stake in Hero Future Energies Global Ltd. (HFE UK), and Hero Future Energies Private Ltd (HFE India) according to ...
Corporate Funding for Solar Sector Globally Rises by 34% With $9 Billion in 9M 2019
Total corporate funding (including venture capital/private equity, public market, and debt financing) in the first nine months (9M) of 2019 was up with $9 billion raised, compared to $6.7 billion ...
First Half of 2019 Sees $6 Billion Corporate Funding Raised by the Solar Sector Globally
In the first half of 2019 (1H 2019), funding activity in the solar sector was on an upward trajectory when compared to the same period last year. Total corporate funding ...
Report: Global Solar Funding Rises to $5.3 Billion in First Half of 2018
In the first half (1H) of 2018, the total corporate funding, including venture capital funding, public market, and debt financing rose to $5.3 billion, compared to the $4.6 billion raised ...
Funding in Global Battery Storage Sector Surges to $299 Million in Q1 of 2018
The fledgling energy storage industry is rapidly gaining momentum in the domestic as well as the international markets. Realizing the importance of energy storage, an increasing number of players are ...
Funding into the Global Solar Sector Falls to $2 Billion in Q1 2018
Regulatory ambiguities and tariff uncertainties were a drag on the global solar sector in the first quarter of 2018, causing the announced corporate funding total to fall by 65 percent ...
Indian Solar Sector Received Over $10 Billion in Financing During 2017
In 2017, the Indian solar sector logged over $10 billion (~₹650 billion) in financing activity, according to Mercom Capital Group’s recently released 2017 Q4 and Annual India Solar Market Update ...
GIP Closes Record $5 Billion Deal to Buy Equis Energy
Investment fund Global Infrastructure Partners (GIP) has closed on a deal to acquire a 100 percent stake in renewable energy project developer Equis Energy. The total transaction value of $5 ...
Arjun Infrastructure Partners Acquires Enviromena Power Systems
Arjun Infrastructure Partners, a British independent infrastructure investment advisory company, has acquired Enviromena Power Systems (Enviromena), a clean energy project company in the Middle East and North Africa (MENA) region ...
Canadian Solar Sells 80 MW Solar Project in Maharashtra, India
Canadian Solar, a global module supplier and solar project developer, has sold its 80 MW (108 MW DC) grid-connected solar project in Maharashtra. The sale of the project by Canadian ...
$4.2 Billion in Financing Activity in the Indian Solar Sector So Far This Year
In the first three quarters of 2017, the Indian solar sector saw almost $4.2 billion (~₹272 billion) in announced corporate, project funding, and M&A deals, according to the recently released ...
Sembcorp Acquires Remaining Stake in Sembcorp Green Infra for ₹14.1 Billion from IDFC
Sembcorp Industries, an energy, water and marine group operating worldwide, through its wholly-owned subsidiary Sembcorp Utilities, has entered into an agreement to acquire the remaining 28 percent stake in Sembcorp ...
IDFC Alternatives Inks Rs.3.5 Billion Deal to Acquire 45 MW of Solar Projects from Punj Lloyd
IDFC Alternatives has signed a definitive agreement to acquire three solar projects aggregating 45 MW capacity from Punj Lloyd at an estimated enterprise value of Rs.3.5-3.75 billion (~$52.3-56 million). These ...