Energy Funding: IPOs, M&A, VC and grants for flow batteries, fuel cells, PV trackers and equitable access to solar
Another busy funding week with solar IPOs on deck and venture capital investments — but no cleantech SPACs in the last few day, at least.
Agrivoltaic project with vertically mounted bifacial panels goes online in Germany
The 4.1 MW array, developed by Next2Sun, was constricted with roughly 11,000 bifacial panels, provided by Chinese manufacturer Jolywood.
Swift Solar looks to reinvigorate and push the perovskite market forward
Born from an Oxford research group, the startup is looking to make its name by developing all-perovskite tandems, something no other company has done.
Soltec plans IPO — another solar tracker company going public
The Spanish solar tracker builder is hoping to debut on the stock markets of Madrid, Barcelona, Bilbao and Valencia this year. American solar tracker company Array Technologies has also filed to go public.
Nuclear ‘not an effective low carbon option’
Researchers in the UK have analyzed 25 years of electricity-production and carbon emissions data from 123 countries. Their findings show renewables are considerably more effective than nuclear in reducing carbon emissions from energy generation and that the two technologies tend to get in each other’s way when considered in a joint approach.
Energy Jobs: New CEO at sonnen, plus 8minute Solar, SolarEdge, Scale Microgrid, Safari Energy, Panasonic and Mercatus
Executive, career and boardroom moves in solar, storage, cleantech, utilities and energy VC.
Northvolt raises $600 million for lithium battery gigafactory from VW and Spotify cofounder
The European battery manufacturer has raised the funds with a private shares placement which included the co-founder and CEO of music streaming service Spotify.
Chargepoint joins growing list of clean energy firms going public via SPAC
EV charging company ChargePoint is “nearing a deal to go public through a reverse merger” that could value the company at more than $2 billion.
How long will the lithium supply last?
Researchers have sounded the alarm. If no serious efforts are made on second-life battery use, recycling and vehicle-to-grid applications, decarbonization efforts may hit the buffers a lot sooner than expected.
Secretive battery builder QuantumScape to go public via SPAC at $3.3 billion valuation
Aiming to win the EV battery race, the ten-year old solid-state battery builder has received more than $1 billion from investors including Bill Gates, Vinod Khosla and VW.
