Friday, January 27, 2023

Xpansiv completes the acquisition of Evolution Markets, closes capital raise

Xpansiv, the premier infrastructure provider for environmental markets, announced the completion of its acquisition of Evolution Markets Inc., a global provider of transaction and advisory services in global carbon, renewable energy, and energy transition markets. The deal will expand Xpansiv’s service offerings and product development capabilities to help empower the energy transition. This will also enhance Evolution Markets’ client services through its integration with Xpansiv’s tech infrastructure, market, and data platforms.

Energy costs crisis in Europe still a critical concern for global businesses

More than a third of businesses (35%) said that the heightened cost of energy is their greatest concern, as high inflation bites globally, according to a survey from working capital solutions business Taulia. The research, carried out amongst more than 500 senior financial decision makers at large companies in the US, UK, Singapore and Germany, found that while energy costs are most pronounced in Europe, they remain a key concern in all regions.

Tigo Energy announces $50m capital raise to support its growth initiatives

Tigo Energy, Inc. (Tigo), a provider of intelligent solar and energy storage solutions, signed a definitive agreement with L1 Energy for the purchase of $50m of newly issued Convertible Notes (the Notes) to support the Company's future growth opportunities through the deployment of its solar and energy storage solutions and repayment of existing debt.

Energy efficiency is the best way to cut costs and reduce emissions now

With businesses facing unprecedented pressure from the cost of energy and the urgency of climate change, a report from the Energy Efficiency Movement shows that improving industrial energy efficiency is the most effective way for a business to cut energy costs and greenhouse gas emissions. The Energy Efficiency Movement is a global forum of around 200 firms sharing ideas, best practices and commitments to create a more energy-efficient world.

AWS now receiving applications for the Clean Energy Accelerator 3.0

Amazon Web Services (AWS) announced the launch and call for applications for the Clean Energy Accelerator 3.0, a high-pace, non-equity dilutive accelerator designed to facilitate partnerships with mature startups developing breakthrough clean energy technologies. The opening of the Clean Energy Accelerator was announced by Kara Hurst, Vice President of Worldwide Sustainability at Amazon, during a session at the 2022 United Nations Climate Change Conference (COP27) in Sharm el-Sheikh, Egypt, on November 10. Inaugurated in 2021, the accelerator was AWS’s first accelerator program focused on fostering innovation and rapid growth of clean energy tech, which is needed to address the global climate crisis.

Tigo advances energy data analytics prowess with FSIGHT acquisition

Tigo Energy, Inc., a provider of intelligent solar and energy storage solutions, announced the acquisition of FSIGHT, an energy data analytics software firm based in Hod HaSharon, Israel. With the acquisition of FSIGHT, Tigo Energy further expands its ability to leverage energy consumption and production data for solar energy producers, adding a powerful prediction platform that provides rich and actionable system performance data, from the grid down to the module level. The transaction was signed on Tuesday, November 29, 2022.

Gorilla secures $9.2m to help energy firms respond to the energy crisis

Gorilla, the innovative energy tech scale up, announced that it has secured $9.2 million in its Series A. The investment will enable further development to its platform and help energy companies continue to adapt to the changing energy landscape with greater speed, efficiency and agility. Led by the transatlantic venture capital fund Beringea, with participation from PMV and VLAIO, Gorilla is set to dramatically expand both its team and range of solutions.

Transphorm expands global footprint with GaN application lab in China

Transphorm, Inc. —a pioneer in and a global supplier of high reliability, high performance gallium nitride (GaN) power conversion products—announced it has opened a new office in Shenzhen, China. As a wholly foreign-owned enterprise (WFOE), the site will house staff responsible for enhancing local customer support, sales, and marketing efforts.

Wallbox appoints Myriam Lhermurier Boublil and Javier Riaño to its ranks

Wallbox N.V., a global provider of electric vehicle (EV) charging and energy management solutions, has announced two strategic hirings. The company strengthens its corporate structure through the creation of a new communications and public affairs team, which will be led by Myriam Lhermurier Boublil. In the role of Chief Communications & Public Affairs Officer, Myriam will lead a growing team, already well established in Spain and the United States.

CDR provider delivers the first Open Energy data transfer with Fiskil

0, the Consumer Data Right (CDR) solutions provider, announced the first transfer of open energy data via the Consumer Data Right. The milestone transfer was made in partnership with Fiskil, a real-time Open Data platform and Accredited Data Recipient (ADR). Fiskil’s soon-to-launche platform will allow users to securely link their energy accounts and data to service providers and comparison sites in order to verify identity and account information, validate account balances, access usage data and access detailed billing data.