Blume Ventures Invests $2.5 Million in Solar Funding Platform Aerem
Mumbai-based solar funding platform, Aerem has elevated $2.5 Million in financing in a pre-series round from New Delhi-based capital firm, Blume Ventures. Aerem said it is making every effort to get to 20 million industrial MSMEs. The firm estimated that the marketplace capacity for MSME alone is over $200 billion.
Jul 12, 2022 // Markets & Finance News, India, Asia, finance, funding, Renewable Energy, green energy, Aerem, Blume Ventures
Evergen to further develop software after shutting AU$ 15m financing round
Australian energy software firm Evergen has shut a AU$ 15 million (US$ 10.4 million) series B funding round, its biggest capital expense to date.
Jun 23, 2022 // Markets & Finance News, Software, Australia, Oceania, funding, frv, Fotowatio Renewable Ventures, Evergen, software, software platform
Perovskite solar company Tandem PV raises US$ 6m to develop Californian production facility
US perovskite company Tandem PV has closed on the first half of a US$ 12 million Series A raise after raising US$ 6 million for constructing a pilot production center in its headquarters of San Jose, California.
Apr 25, 2022 // Manufacturing News, Markets & Finance News, perovskite, funding, Tandem cells, series a, tandem solar cell
Mitsui invests US$ 632m in Mainstream Renewable Power as it eyes IPP synergies
Japanese investment company Mitsui has spent EUR575 million (US$ 631.6 million) in renewables designer Mainstream Renewable Power, bringing its valuation to EUR2.1 billion after the transaction.
Mar 24, 2022 // Markets & Finance News, Battery Storage, funding, green hydrogen, mainstream renewable power, mitsui, aker horizons, green ammonia, equity finance
LevelTen elevates US$ 35m to assist scale up renewables transaction platform
LevelTen Energy, a United States company that has developed a platform for renewable resource asset deals, has secured the support of Google as part of a US$ 35 million Collection C funding round.
Aug 26, 2021 // Markets & Finance News, PPA, power purchase agreement, Google, funding, LevelTen Energy, software, levelten
Robot solar cleansing firm Solavio Labs eyes North America growth after moneying increase
Solavio Labs, an Indian startup that offers self-governing solar panel cleaning technology, is increasing its footprint to North America and the Middle East after safeguarding fresh funding.
Feb 23, 2021 // Technology, Plants, India, Asia, funding, Artificial Intelligence, panel cleaning, robotics, robot cleaners, solar o&m, Solavio Labs
US introduces US$ 45m in funding for solar and also integration projects
The US Department of Energy (DOE) will certainly reserve US$ 45 million to develop technology that will enable businesses to bring "big amounts of solar" onto the grid.
Dec 17, 2020 // Markets & Finance News, USA, North America, funding, Dan Brouillette, doe, solar hardware
Urban Grid lands US$100m funding to help support 5GW PV pipeline
US PV developer Urban Grid has closed a senior secured term loan facility for up to US$100 million with New York-based private credit manager and asset-based lender Crayhill Capital Management LP.
Sep 5, 2019 // Markets & Finance News, USA, North America, crayhill, urban grid, funding