fundraising

Summit Ridge Energy's Brian Dunn speaks about the role of new legislation and fresh investors in the US solar sector.

Meyer Burger has approved a capital raise to fund a buildout of the company’s manufacturing capacity for solar cells and modules to approximately 3GW.

Waaree Energies has raised US$120 million from investors to expand its module and cell production capacity in India.

US-based start-up Terabase Energy has secured US$44 million in a Series B fundraising round co-led by Bill Gates’ Breakthrough Energy Ventures and venture capital firm Prelude Ventures among others to drive the commercialisation of  its automated solar park construction technology.

Polish developer R.Power is seeking a primary equity capital raise to fund its future growth plans in several European countries.

Commercial and industrial (C&I) solar investor True Green Capital Management (TGC) has closed a US$660 million fundraiser for its latest fund.

Solar software company Raptor Maps has closed a US$22 million Series B raise that will be used to further develop its Raptor Solar software platform designed to enable utility-scale and commercial and industrial (C&I) solar companies to make better use of their data.

Swedish dye-sensitised solar cell (DSSC) company Exeger has raised SEK178.9 million (US$19 million) to support the continued roll-out of its flexible solar cell technology, Powerfoyle.

Clean energy marketplace and technology services platform Palmetto has raised US$375 million to support its business expansion as it looks to drive uptake of rooftop solar and expand to offer new products. 

Solar asset insurer kWh Analytics has raised US$20 million for business expansion and developing additional solutions to support solar and storage asset owners.