smart-grid

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Funding and M&A Roundup: Redoxblox Raises $30 Million in Series A Funding

Redoxblox, a thermochemical energy storage company, raised an additional $30 million in Series A funding. The funding round was led by Prelude Ventures and joined by...

November 6, 2024

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Staff

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Energy Storage

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Finance and M&A
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Energy Storage Corporate Funding 15% Higher in First Nine Months of 2024

Corporate funding for energy storage rose 15% year-over-year (YoY) in the first nine months (9M) of  2024, while it decreased 33% for smart grids globally. Corporate...

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Funding and M&A Roundup: Sibanye Stillwater Secures $559 Million Green Financing

From: Mercom Capital Group Sibanye-Stillwater, a mining company, secured €500 (~$559) million in green financing for its Keliber lithium project in Finland through its...

August 28, 2024

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Staff

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Finance and M&A

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Other
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Corporate Funding for Energy Storage Surges to $15.4 Billion in 1H of 2024

Corporate funding for energy storage companies surged to $15.4 billion across 64 deals in the first half (1H) of 2024, reflecting a 117% increase from the $7.1 billion...

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Funding and M&A Roundup: Liontown Resources Secures $250 Million

From: Mercom Capital Group Liontown Resources, a battery minerals producer, secured a $250 million investment and a 10-year offtake extension from foundational partner...

July 10, 2024

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Staff

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Finance and M&A

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Other
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Corporate Funding in Energy Storage Sector Surges Five-Fold to $11.7 Billion in Q1

The global energy storage sector witnessed a 432% increase year-over-year (YoY) in corporate funding, totaling $11.7 billion across 29 transactions, from $2.2 billion in...

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Funding and M&A Roundup: Lithium Extraction Firm Lilac Solutions Secures $145 Million

From: Mercom Capital Group Lilac Solutions, a lithium extraction technology provider, raised $145 million in Series C funding, bringing Lilac’s total capital raised to...

February 14, 2024

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Staff

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Finance and M&A

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Other
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Energy Storage Sector Secures Record Venture Capital Funding of $9.2 Billion in 2023

Global venture capital funding in the energy storage sector in 2023 reached $9.2 billion, a 59% year-over-year (YoY) increase from $5.8 billion. The amount raised was...

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Funding and M&A Roundup: EV Charging Platform Monta Secures $87 Million

From: Mercom Capital Group Monta, an EV charging solutions provider, announced the close of an €80 million (~$87 million) Series B financing round, bringing the...

January 31, 2024

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Staff

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Finance and M&A

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Other
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Venture Capital Funding for Energy Storage Rises 115% in 9M of 2023

Global corporate funding in the energy storage sector witnessed a 31% year-over-year (YoY) decrease during the first nine months (9M) of 2023, with a total of $15.2...

October 26, 2023

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Gautamee Hazarika

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Energy Storage

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Market & Policy

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Mercom Research Focus
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Global Corporate Funding for Energy Storage Rises 67% YoY in the Second Quarter

In the first half (1H) of 2023, corporate funding for energy storage companies reached an impressive $7.1 billion across 59 deals, according to Mercom Capital...

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Corporate Funding for Energy Storage Declines 83% YoY in Q1 2023

Total corporate funding in energy storage, including from venture capital (VC), public market, and debt financing, amounted to $2.2 billion in 27 deals in the first...

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Energy Storage Firms Tap $26.4 Billion in Corporate Funding in 2022, up 55% YoY

Global corporate funding for energy storage, smart grid, and energy efficiency companies increased 63% in 2022 with $31.7 billion compared to $19.5 billion in 2021,...

January 20, 2023

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Gautamee Hazarika

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Energy Storage

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Market & Policy

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Mercom Research Focus
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Corporate Funding for Energy Storage Firms Up 69% YoY to $22 Billion in 9M 2022

Global corporate funding for energy storage, smart grid, and energy efficiency companies in the first nine months (9M) of 2022 increased to $25 billion compared to $15.1...

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A Smarter Grid Imperative for Efficient Clean Energy Transition: GE Interview

Maintaining grid stability is critical to transmitting the required power to consumers with increasing energy demands. Due to their intermittency, renewable assets...

September 15, 2022

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Satish Shetty

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Grid

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Market & Policy

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