Project Finance Brief: Altus Power Closes €36.2 Million Sale Leaseback Solar Funding

Project Finance Brief: Altus Power Closes €36.2 Million Sale Leaseback Solar Funding

From: Mercom Capital Group Altus Power, a clean energy firm, has completed a sale leaseback tax equity financing worth €36.2 million (~$42 million) for several unspecified solar projects in Minnesota and Massachusetts. Fifth Third ...
/ / Finance and M&A, Solar
Funding and M&A Roundup: Energy Storage Company VFlowTech Secures $3 Million Financing

Funding and M&A Roundup: Energy Storage Company VFlowTech Secures $3 Million Financing

From: Mercom Capital Group Energy storage solutions provider VFlowTech has secured $3 million in Pre-Series A financing led by Wavemaker Partners, with participation from SEEDS Capital, Sing Fuels, and other prominent angel investors ...
/ / Finance and M&A, Solar
US Had a Pipeline of 160 GW for Solar Projects With Battery Storage at the end of 2020

US Had a Pipeline of 160 GW for Solar Projects With Battery Storage at the End of 2020

According to a recently released report by Lawrence Berkeley National Laboratory (LBNL), the pipeline of solar capacity in the U.S. at the end of 2020 was around 460 GW. Of ...
/ / Other, Renewable Energy
Funding and M&A Roundup: Energy Storage Company Fluence Files for IPO

Funding and M&A Roundup: Energy Storage Company Fluence Files for IPO

From: Mercom Capital Group Fluence, a provider of energy storage products and services, has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission (SEC) relating to a proposed ...
/ / Finance and M&A, Solar
Project Finance Brief: Iberdrola Acquires a 190 MW Solar Project from RES

Project Finance Brief: Iberdrola Acquires a 190 MW Solar Project from RES

From: Mercom Capital Group Iberdrola, a multinational electric utility company, acquired the 190 MWac (245 MWdc) Avonlie solar project from RES, an independent renewable energy company. The project is in New South Wales, ...
/ / Finance and M&A, Solar
DC-Coupled Hybrid Projects Provide Higher Net Value When PV Penetration is High

DC-Coupled Hybrid Projects Provide Higher Net Value When PV Penetration is High

Solar photovoltaic (PV) power demand has increased due to favorable policies, technological advancements, cost reduction, and clean energy uptake. However, without storage deployment or an increase in price-responsive load, growth ...
/ / Solar, Technology
Funding and M&A Roundup: Solar Leasing Firm Enpal Raises $322 Million

Funding and M&A Roundup: Solar Leasing Firm Enpal Raises $322 Million

From: Mercom Capital Group Enpal, a German-based solar PV and battery leasing solutions company, secured senior debt commitments of €275 million (~$322 million) from BlackRock, Pricoa Private Capital, and UniCredit. In addition, ...
/ / Finance and M&A, Solar
Project Finance Brief: Lightsource bp Raises $1.8 Billion Credit for 25 GW of Solar Projects

Project Finance Brief: Lightsource bp Raises $1.8 Billion Credit for 25 GW of Solar Projects

From: Mercom Capital Group Lightsource bp, a global solar project developer, secured a $1.8 billion revolving credit facility and trade finance facility to develop 25 GW of solar by 2025. The funding ...
/ / Finance and M&A, Solar
Rooftop Solar Installations Could Exceed 2,000 GW by 2050 Globally: Report

Rooftop Solar Installations Could Exceed 2,000 GW by 2050 Globally: Report

Rooftop solar installations could exceed 2,000 GW globally with more than 1,000 GWh of energy storage capacity by 2050, BloombergNEF and Schneider Electric have said in a recent report. The report ‘Realizing the Potential ...
/ / Rooftop, Solar
Project Finance Brief: 1.8 GW Vineyard Wind Offshore Project Closes $2.3B in Financing

Project Finance Brief: 1.8 GW Vineyard Wind Offshore Project Closes $2.3B in Financing

From: Mercom Capital Group Amp Power Australia, the Australian operating company of global clean energy project developer Amp Energy, closed project financing for its 120 MW Hillston Solar Farm in New South Wales, ...
/ / Finance and M&A, Solar
Funding and M&A Roundup: Energy Analytics Company Bidgely Raises $26 Million

Funding and M&A Roundup: Energy Analytics Company Bidgely Raises $26 Million

From: Mercom Capital Group EnerVenue, an energy storage solutions company providing metal-hydrogen batteries, announced that it had raised $100 million in Series A funding. Schlumberger New Energy led the round, ...
/ / Finance and M&A, Solar
EnerVenue Secures $100 Million for its Metal-Hydrogen Batteries

EnerVenue Secures $100 Million for its Metal-Hydrogen Batteries

US-based renewable storage battery manufacturer EnerVenue has raised $100 million in Series A funding led by Schlumberger New Energy. EnerVenue is said to be the first company to bring metal-hydrogen batteries to the ...
/ / Finance and M&A, Other
Solar Energy Could Power Over 25% Trains of Indian Railways Report

Solar Energy Could Power Over 25% Trains of Indian Railways: Report

According to a recent report published by Climate Trends and Riding Sunbeams, one in four trains of the Indian Railways could be powered by solar power. Indian Railways is one of India's ...
/ / Markets & Policy, Solar
US Installs 345 MW of New Energy Storage Systems in Q2 2021 Report

US Installs 345 MW of New Energy Storage Systems in Q2 2021: Report

According to Wood Mackenzie’s latest report, the United States installed 345 MW of new energy storage systems in the second quarter (Q2) of 2021 – a year-over-year (YoY) increase of ...
/ / Energy Storage, Market & Policy
Funding and M&A Roundup: Solar EPC Company iSun Acquires SunCommon for $40 Million

Funding and M&A Roundup: Solar EPC Company iSun Acquires SunCommon for $40 Million

From: Mercom Capital Group iSun, solar energy and clean mobility infrastructure company, and SolarCommunities (SunCommon) announced that they have entered into a definitive agreement under which a subsidiary of iSun will acquire SunCommon, ...
/ / Finance and M&A, Solar
Project Finance Brief: Statkraft to Sell 4 Co-Located Solar Projects of 234 MW Capacity

Project Finance Brief: Statkraft to Sell 4 Co-Located Solar Projects of 234 MW Capacity

From: Mercom Capital Group Greenbacker Renewable Energy, a renewable energy investment firm, through a wholly-owned subsidiary, acquired a 41 MW Heathlands utility-scale solar project in Manistee county, Michigan, from Prism Power Partners. The ...
/ / Finance and M&A, Solar
Daily News Wrap-Up: TotalEnergies to Build Solar Projects in Iraq

Daily News Wrap-Up: TotalEnergies to Build Solar Projects in Iraq

Here are some noteworthy cleantech announcements of the day from around the world: TotalEnergies, the Iraqi Ministries for oil and electricity, and the National Investment Commission have signed agreements covering ...
/ / Other, Renewable Energy
Funding and M&A Roundup: Quanta Services to Acquire Blattner for $2.7 Billion

Funding and M&A Roundup: Quanta Services to Acquire Blattner for $2.7 Billion

From: Mercom Capital Group Quanta Services – an American corporation that provides infrastructure services for electric power, pipeline, industrial and communications industries – entered into a definitive agreement to acquire Blattner Holding Company, ...
/ / Finance and M&A, Solar
Project Finance Brief: TransAlta Renewables Acquires a 122 MW Solar Portfolio

Project Finance Brief: TransAlta Renewables Acquires a 122 MW Solar Portfolio

From: Mercom Capital Group TransAlta Renewables, an independent renewable energy producer, has entered into a definitive agreement for the acquisition of a 122 MW portfolio of operating solar projects located in North Carolina, ...
/ / Finance and M&A, Solar
Low Energy Costs, Power Outages, Drive Solar Adoption in the US: Survey

Low Energy Costs, Power Outages, Drive Solar Adoption in the US: Survey

Distributed generation storage and energy services provider SunPower Corporation in its survey, ‘The 2021 SunPower Energy Sense Index,’ has revealed that solar is gaining the broader attention from American households ...
/ / Other, Renewable Energy
Funding and M&A Roundup Battery Storage Company Form Energy Raises $240 Million

Funding and M&A Roundup: Battery Storage Company Form Energy Raises $240 Million

From: Mercom Capital Group Form Energy – a startup focusing on making battery systems that can store renewable energy (solar and wind) for longer durations, announced the close of a ...
/ / Finance and M&A, Other
Project Finance Brief Altus Power Acquires 79 MW of Operating Solar Projects in the US

Project Finance Brief: Altus Power Acquires 79 MW of Operating Solar Projects in the US

From: Mercom Capital Group Altus Power - an investor, owner, and operator of clean energy projects - announced that it had acquired a 79 MW portfolio of solar projects operating ...
/ / Finance and M&A, Other
South Africa Receives 102 Bids for 2.6 GW of Wind and Solar Projects

South Africa Receives 102 Bids for 2.6 GW of Wind and Solar Projects

The Department of Mineral Resources and Energy of South Africa has received 102 bids for 2.6 GW of renewable energy projects, including 63 bids for solar projects. In March 2021, ...
/ / Solar, Tenders & Auctions
Germany Allocates 156 MW of Solar Plus Storage in Innovation Auction

Germany Allocates 156 MW of Solar Plus Storage in Innovation Auction

German Federal Network Agency Bundesnetzagentur has announced the auction results for the 250 MW solar innovation auction. In all, 16 solar plus storage projects with a combined capacity of 156 ...
/ / Solar, Tenders & Auctions
Funding and M&A Roundup BlackRock Real Assets Invests in South Korean Solar Company

Funding and M&A Roundup: BlackRock Real Assets Invests in South Korean Solar Company

From: Mercom Capital Group BlackRock Real Assets, an investment banking firm, has signed an agreement to acquire an undisclosed amount of equity stake in a South Korean solar aggregator and ...
/ / Finance and M&A, Other