Funding and M&A Roundup: Solar Developer Greencells Issues Green Bonds of up to €25 Million
WattBuy, an online electricity marketplace, announced that it raised $3.25 million in its Series A round of funding led by Evergy Ventures. Additional investors include Updater, Avesta Fund, Yoav Lurie, ...
Researchers Develop Method to Control Voltage Fluctuations in Solar+Storage Systems
Researchers at the National Institute of Technology Kurukshetra have claimed to have developed a new method to regulate direct current (DC) voltage for grid-connected solar photovoltaic plus battery energy storage ...
Zenobe Energy Secures £150 Million For Grid-Scale Battery and EV Charging Solutions
Zenobe Energy, a battery storage solutions provider, announced that it secured an investment worth £150 million (~$ 198.91 million) from Infracapital, the infrastructure equity investment arm of M&G. The company ...
Battery Storage Solutions Provider Form Energy Raises $70 Million
Massachusetts-based Form Energy – a startup focusing on making battery systems that can store renewable energy (solar and wind) for longer durations – said it received its largest funding yet ...
EESL to Install 100 MW of Solar Projects to Support Goan Farmers
The Energy Efficiency Services Limited (EESL) has signed a Memorandum of Understanding (MoU) with the Department of New and Renewable Energy (DNRE) of Goa to implement India’s first convergence project ...
Daily News Wrap-Up: China Adds 1.3 GW of Residential Solar Capacity in October 2020
Here are some noteworthy cleantech announcements of the day from around the world: China has installed 1.3 GW of residential solar capacity in October 2020, according to the latest data ...
Solar Plus Storage Solutions Provider, Yotta Energy, Raises $5 Million in Seed Funding
Yotta Energy, a U.S.-based solar storage solutions provider, announced that it raised $5 million in a seed funding round. Fiftysix Investments, Skyview Ventures, EDP Ventures, and other undisclosed investors participated ...
Funding and M&A Roundup: Solar Mounting Company PanelClaw Acquired by Esdec
The Peck Company Holdings, a commercial solar engineering, procurement, and construction (EPC) company, announced that the merger agreement that was announced on August 10, 2020, has been terminated by Sunworks ...
European Ultracapacitor Manufacturer Skeleton Technologies Raises €41.3 Million
Skeleton Technologies, an Estonia-based manufacturer of ultracapacitor-based energy storage, announced that it raised €41.3 million (~$48.5 million) in a Series D financing round from a group of investors. With this ...
Funding and M&A Roundup: Statkraft Set to Acquire Solarcentury’s 6 GW Portfolio
Royal Bafokeng Holdings (RBH), an African community investment company, is considering making a $20 million equity investment in DPA Africa Asset-Co. The company, set up by Distributed Power Africa (DPA), ...
GIZ Floats Tender for Solar-Powered Cold Storage Units To Help Farmers
The Indian wing of Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ), a Germany-based development agency, has floated a tender for ten solar-powered cold storage units for its projects in Karnataka and ...
2015-2018 Saw 70% Dip in the Price of Utility-Scale Battery Storage in the US Market
The average energy capacity cost of utility-scale battery storage in the United States has rapidly decreased from $2,152/kWh in 2015 to $625/kWh in 2018, according to the U.S. Energy Information ...
Daily News Wrap-Up: Adani Solar Jodhpur Commissions a 50 MW of Solar Project
Here are some noteworthy cleantech announcements of the day from around the world: Adani Solar Energy Jodhpur Two Limited commissioned a 50 MW solar power project as an independent power ...
No Registration Fee or Road Tax for First 200,000 Electric Two-Wheelers in Telangana
The Government of Telangana has released its new Electric Vehicle (EV) and Energy Storage Policy for 2020-2030, announcing subsidies, policy measures, and other incentives to turn the state into an EV and ...
Funding and M&A Roundup: Alberton Acquires Solarmax in Another Cleantech SPAC Deal
Kroll Bond Rating Agency (KBRA) assigned preliminary ratings to three classes of notes issued by Loanpal Solar Loan 2020-3 and Loanpal Solar Loan 2020-3, an asset-backed securitization collateralized by a ...
Daily News Wrap-Up: Total Awarded 67 MW of Solar Projects in a Recent Tender in France
Here are some noteworthy cleantech announcements of the day from around the world: Disneyland Paris announced the phased development of a solar canopy facility with France-based Urbasolar through a co-investment ...
Funding and M&A Roundup: Scatec Solar Raises $515 Million in a Private Placement
Scatec Solar, an independent power producer, has completed a private placement, raising approximately NOK 4,750 million (~$514.94 million) in gross proceeds by allocating 20,652,478 shares subscription price of NOK 230 ...
Daily News Wrap-Up: Candi Receives $3.16 Million to Scale its Solar Solutions in India
Here are some noteworthy cleantech announcements of the day from around the world: EDFI ElectriFi has invested €2.68 million (~$ 3.16 million) junior debt in Candi, a platform that builds, ...
Funding and M&A Wrap-up: Scatec Solar Acquires Hydropower Developer for Over $1 Billion
REC Silicon, a Norwegian producer of advanced silicon materials with manufacturing facilities in the U.S., has raised approximately NOK 1,000 million (~$108.29 million) in gross proceeds through the Private Placement ...
Funding and M&A Wrap-up: Array Technologies Plans to Raise $675 Million in IPO
Array Technologies, a manufacturer of ground-mounting systems used in solar PV projects, has filed to raise $675 million in an IPO of its common stock, according to an S-1 registration statement ...
Researchers Develop a Sustainable Redox Flow Battery with Vanillin
Researchers at TU Graz University claimed that they had developed a redox flow battery that utilizes conventional vanillin instead of liquid electrolyte, which could make the battery more environment friendly ...
Funding and M&A Roundup: Lithium-Ion Battery Maker Northvolt Raises $600 Million
Northvolt announced the signing of a $600 million private placement, led by Baillie Gifford, Goldman Sachs Merchant Banking Division and Volkswagen, enabling the company to make further investments in expanding ...
Funding and M&A Roundup: Power Roll Secures $3.6 Million for Solar Film technology
SunHydrogen, a developer of a breakthrough technology to produce renewable hydrogen using sunlight and water, announced it has agreed to accept an equity investment of up to $4 million from ...
Hawaiian Electric to Develop Nearly 300 MW of Solar Projects with 2 GWh of Storage Capacity
Hawaiian Electric, a U.S. electric utility, said that it submitted eight projects, including 300 MW of renewable energy and nearly 2 GWh of storage capacity for approval to the Public ...
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 ...
