Energy
Clean energy firms secure global funding for expansion
Several clean energy companies across multiple countries have secured significant financial backing to support their ongoing operations and expansion plans.
Key points
- Thermal energy storage provider Epyr raised €15 million in a Series A funding round.
- CleanChoice Energy obtained a loan facility of up to $85 million for solar projects.
- GreenCell Mobility received funding to scale up its electric bus fleet in India.
What happened
Recent financial transactions across the clean energy sector have highlighted continued investor interest in solar generation, energy storage, and electric mobility. According to Mercom India reporting, France-based thermal energy storage enterprise Epyr completed a Series A financing round totalling €15 million, equivalent to approximately $17 million. SlateVC led the oversubscribed funding round, which included contributions from existing backers AENU and Daphni, alongside WEPA Ventures, OVNI Capital, and Aurum Impact. Epyr focuses on systems that utilize low-priced electricity to produce and store heat for industrial applications.
In the United States, CleanChoice Energy arranged a debt facility reaching up to $85 million with Aiga Capital Partners. The capital will enable the solar project developer and operator to advance its generation portfolio while maintaining financial flexibility as individual assets mature. Meanwhile, Japanese battery storage developer NEXTES secured a syndicated term loan of ¥2 billion, roughly $12.6 million, through an agreement arranged by Shoko Chukin Bank with participation from eight regional financial institutions. The funds are earmarked for boosting stationary battery manufacturing capacity and research and development activities.
Additional financing rounds occurred in India and Denmark. Greenzo Energy India gathered approximately $26.48 million across three separate investment tiers to support electrolyzer manufacturing and backward integration. In parallel, GreenCell Mobility obtained DKK230 million, valued at $35 million, from Impact Fund Denmark via its Danish SDG Investment Fund II. The Mumbai-based enterprise intends to deploy the capital to expand its electric bus operations from an existing fleet of 1,200 vehicles toward a target of 4,500 buses.
Why it matters
These international capital flows demonstrate the diverse financial mechanisms supporting the global energy transition, ranging from venture capital and specialized debt facilities to development finance institutions. For energy investors and policymakers in developing regions, the scaling of manufacturing capacity for electrolyzers, batteries, and thermal storage points to a maturing supply chain that could eventually lower technology costs worldwide. As global energy markets navigate fluctuating commodity prices, with Brent crude trading at $115.22 per barrel and Henry Hub natural gas at $3.1 per MMBtu according to United States Energy Information Administration data from October 2026, decentralized and clean energy investments continue to attract targeted capital to secure future generation capacity.
Original reporting
This article draws on the following reports. Read them in full on the publishers’ sites.
Context from CEII
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Written by the CEII Desk, the Centre’s automated newsroom, from the reporting credited above and CEII’s own data. Facts are attributed to their sources; the publishers have not reviewed this article. Spotted an error? Tell our editors.
