silicon valley bank

July 20, 2023
Leap, a provider of software to aggregate distributed energy resources into VPPs, has raised US$12 million equity investments.
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March 15, 2023
The collapse of Silicon Valley Bank has raised questions around the availability of capital for the clean energy sector, having been a major actor in the space to-date including with Sunrun, Leap, AES, Cypress Creek and other developers.
January 19, 2023
Longroad Energy has achieved financial close on Arizona project which will pair 285MWdc of solar PV with 215MW/860MWh battery storage.
January 11, 2023
Wells Fargo, MUFG and Silicon Valley Bank have completed US$260 million of construction financing for Leeward Renewable Energy’s Chaparral Springs solar-plus-storage project in California.
July 1, 2022
News in brief from around the world in Energy Storage.
November 11, 2021
US$219 million of financing has been secured by developer Plus Power for the 185MW / 565MWh Kapolei Energy Storage (KES) project in O’ahu, Hawaii. 
October 15, 2021
AutoGrid has raised US$83.5 million in funding to scale up its virtual power plant (VPP) platform for distributed energy resources (DER) and Leap has raised US$33.5 million to scale and develop its DER software solution.
February 11, 2021
A debt financing deal closed by independent power producer (IPP) sPower for a 100MW / 400MWh battery storage project in California demonstrates that significant project finance investment can be achieved for large-scale battery facilities.
February 25, 2020
In just the past few days, nearly US$500 million has been committed to downstream activity in the battery energy storage space, with AES Distributed Energy raising US$341 million of debt financing and EsVolta US$140 million of borrowing.

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