Funding and M&A Roundup: Polysilicon Manufacturer Daqo Lists on Shanghai Stock Exchange
Daqo New Energy, a manufacturer of high-purity polysilicon for the global solar PV industry, announced that the company's major operational subsidiary, Xinjiang Daqo New Energy, has completed its IPO process ...
Project Finance Brief: Recurrent Energy Sells 328 MW of Solar Projects in Texas
Canadian Solar announced its wholly-owned subsidiary, Recurrent Energy, completed the sale of the Maplewood 1 and Maplewood 2 solar projects to a U.S. annuity and life insurance company. Both projects ...
Project Finance Brief: Enel Green Power Acquires 3.2 GW Solar Portfolio in the US
Enel Green Power North America, a developer, long-term owner, and operator of renewable energy projects has acquired a 3.2 GW portfolio of solar and solar-plus-storage projects from Dakota Renewable Energy, a ...
Funding and M&A Roundup: Greenvolt Raises €150 Million in IPO for Renewables Expansion
Greenvolt, a Portugal-based renewable energy firm, raised €150 million (~$177 million) in an initial public offering (IPO) to fund its expansion, including in European solar parks and wind farms. The ...
Energy Storage Start-Up Indi Energy Raises Seed Funding from Mumbai Angels
Indi Energy, an Indian energy storage start-up, has raised an undisclosed amount in seed funding from Mumbai Angels Network, a start-up investment platform for early-stage venture investment. Indi Energy said it ...
Funding and M&A Roundup: EQT Infrastructure to Acquire Cypress Creek Renewables
The EQT Infrastructure V fund has agreed to acquire Cypress Creek Renewables, a solar and storage energy company that develops, owns, and operates projects across the U.S., from certain funds ...
Project Finance Brief: Doral Energy Acquires 360 MW of Solar Projects in Denmark
Denmark-based GreenGo Energy Group announced that it had sold a portfolio of 360 MW of utility-scale subsidy-free solar projects to Israeli developer Doral Renewable Energy Resources Group under a partnership ...
Funding and M&A Roundup: Partners Group to Acquire Community Solar, Battery Storage Firm
Global private markets firm Partners Group has agreed to acquire a controlling equity stake in Dimension Renewable Energy (Dimension), a distributed energy platform focusing on community solar and battery storage ...
Project Finance Brief: Mainstream Renewable to Buy 80% Stake in a 405 MW Solar Portfolio
Mainstream Renewable Power, an independent developer of utility-scale wind and solar projects, has signed an agreement to acquire 80% shareholding in Technology and Development Joint Stock Company Limited (D&T), developing ...
Funding and M&A Roundup: Solar Fintech Solfácil Raises $30 Million in Series B Funding
Brazil-based solar financing company Solfácil has raised $30 million in a Series B funding round led by QED Investors and involving Valor Capital, its Chief Executive Officer Fabio Carrara. Solfácil ...
Project Finance Brief: Risen Energy Secures Debt Facility for 103 MW Solar Project
Chinese module supplier and project developer Risen Energy Australia secured a senior debt facility of an undisclosed amount for its 103 MW Yarranlea solar project in Queensland. The financing was ...
Funding and M&A Roundup: Sunnova Prices Securitization of Residential Solar Systems
Sunnova Energy International, a residential solar and energy storage service provider, announced the pricing of its securitization of leases and power purchase agreements. The single-tranche securitization consists of $319 million ...
Project Finance Brief: AES Corporation to Acquire a 195 MW Solar Project in Indiana
AES Indiana, a subsidiary of the AES Corporation, is to acquire the Hardy Hills 195 MW solar project in Clinton County, Indiana. Construction on the project is expected to begin ...
Project Finance Brief: 7X Energy Sells 130 MW Solar Project to KOMIPO America
7X Energy, a utility-scale solar developer, owner, and asset manager, has sold its 130 MW Elara Energy project located in Frio County, Texas, to KOMIPO America, a U.S. subsidiary of ...
Funding and M&A Roundup: RayGen Resources Raises A$27 Million for Solar-Plus-Storage
RayGen Resources, an Australian deep-technology originator and developer of innovative solar-plus-storage projects, has secured A$27 million (~$20 million) funding as part of a Series C Capital Raise. The private funding ...
Funding and M&A Roundup: NEXT Energy Technologies Closes $13.4 Million Series C Funding
NEXT Energy Technologies, makers of a proprietary transparent photovoltaic coating that transforms commercial windows into energy-producing solar panels, announced that it had raised $13.4 million in a Series C round ...
Project Finance Brief: bp to Acquire 9 GW of Solar Project Pipeline in the US from 7X Energy
bp, a multinational oil, and gas company reached an agreement to purchase 9 GW of solar development projects in the U.S. from independent solar developer 7X Energy. The deal will ...
Funding and M&A Roundup: Aurora Solar Raises $250 Million in Series C Funding
Aurora Solar, a U.S.-based solar software company, has closed a $250 million Series C funding round led by Coatue, with follow-on participation from existing investors ICONIQ Capital, Energize Ventures and Fifth Wall. In ...
Project Finance Brief: Sonnedix Acquires a 22 MW Solar Portfolio in Italy
Sonnedix, an independent solar power producer (IPP), has completed the acquisition of a 22.3 MW portfolio of solar PV projects located in Italy from Spanish IPP Solarig. The portfolio comprises ...
Funding and M&A Roundup: Solar Cell Manufacturer Exeger Raises $38 Million
Exeger, the Sweden-based solar cell manufacturer, secured $38 million in financing to start building its new solar cell factory in Stockholm, Sweden. This financing round includes debt financing of $12 ...
Project Finance Brief: Lightsource bp Acquires 156 MW Solar Projects in Italy
Lightsource bp, a solar project developer, acquired three projects from Horizon Firm, a developer specialized in solar, totaling 156 MW, across the country. Two of the projects are based in ...
Funding and M&A Roundup: Battery Company Solid Power Raises $130 Million
Solid Power, producer of all-solid-state batteries for electric vehicles, raised a $130 million Series B investment round led by the BMW Group, Ford Motor Company, and Volta Energy Technologies. Ford ...
Project Finance Brief: Goldman Sachs’ Renewable Arm to Finance 216 MW Solar Projects
CS Energy, an integrated energy firm that designs and builds optimized projects in the solar, storage, and emerging energy industries, has partnered with the Goldman Sachs Renewable Power Group and ...
Project Finance Brief: Opdenergy Secures €500 Million for Solar Projects in Spain
Opdenergy, an independent renewable energy producer focused on solar photovoltaic and onshore wind technologies, has closed with BBVA the underwriting mandate for the financing of the development, construction, and commissioning ...
Project Finance Brief: Summit Ridge Secures $55 Million for 73 MW of Solar Projects
Summit Ridge Energy, an owner and operator of community solar projects, announced that it had secured a $55 million tax equity commitment from investment manager Foss & Company. The partnership will fund an ...
