From: Mercom Capital Group

Contemporary Amperex Technology (CATL), a China-based battery manufacturing and technology company, announced the completion of a share placement of 62,385,000 new H shares in Hong Kong on April 30, 2026, raising HK$39.12 billion (~$5 billion) after satisfying all conditions under the placing agreement. The new H shares were allotted and issued at HK$628.20 ($80.15) per placing share. The placement raised gross proceeds of about HK$39,190.26 million (~$5 billion).

CMBlu Energy, an organic solid flow battery technology developer, announced the completion of a €50 million (~$58.5 million) initial close of its Series C funding round, bringing the company’s valuation to over a €1 billion (~$1.17 billion). The round included participation from Samsung Ventures, alongside existing investors, including STRABAG SE. CMBlu said the proceeds will support manufacturing scale-up and early commercial deployments in Europe and the U.S.

ROSI, a France-based solar module recycling company, has secured over €20 million (~$23 million) in funding to support its expansion across Europe. The funding includes a Series B round along with French and European grants. The company said the capital will support the rollout of its industrial projects, including a planned facility in Teruel, Spain. New international investors and existing shareholders participated in the round.

Eurowind Energy, a Denmark-based renewable energy project developer, has entered into a definitive agreement with Blackstone Infrastructure for an investment of up to €2 billion ($2.34 billion). The investment will give Blackstone an initial 24.7% ownership stake in Eurowind Energy. Blackstone will become a co-owner, while Eurowind Energy’s founders, along with energy and telecommunications group Norlys, will retain majority ownership.

Stem, a provider of AI-enabled clean energy software and services, has acquired the software assets of raicoon, a company specializing in automated fault detection and event management for solar asset performance. The transaction value was not disclosed. raicoon’s software analyzes asset-level data to detect performance anomalies and surface actionable insights.

Skycorp Solar Group, a manufacturer of solar cables and solar connectors, signed a share acquisition agreement to acquire the remaining 56% equity interest in Nanjing Cesun Power, a provider of turnkey solar project services. Before the acquisition, the company held a 44% equity interest in Nanjing Cesun through its wholly owned subsidiary, PN Sunshine. After the transaction closes, Skycorp will hold and consolidate 100% of Nanjing Cesun.

Inox Solar Americas, a renewable energy platform of Inox Clean Energy, is set to acquire 100% equity in Boviet Solar Technology (North Carolina), the U.S.-based solar module manufacturing subsidiary of Ningbo Boway Alloy Material. The transaction is subject to regulatory approvals, according to the company. The North Carolina facility has an annual solar module manufacturing capacity of approximately 3 GW. The agreement includes the full transfer of ownership of the entity.

Enviro Infra Engineers’ wholly owned subsidiary, EIE Renewables, has signed a share purchase agreement to acquire a 100% stake in Suyog Urja through a phased transaction. Under the agreement, EIE Renewables will initially acquire a 51% stake in Suyog Urja. It will acquire the remaining 49% stake over 27 months. The acquisition is expected to be completed on or before July 31, 2028.

For reports and trackers on funding and M&A transactions in solar, energy storage, and smart grid sectors, click here.

Read last week’s funding roundup.