Corporate #MandA activity in the #smartgrid sector increased 75% YoY to seven transactions in 1H 2026, up from four transactions in 1H 2025
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Announced #debt and #publicmarket financing for the #smartgrid sector surged 267% YoY to $1.1 billion across seven deals in 1H 2026, up from $300 million across the same number of deals in 1H 2025.
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The largest #smartgrid #VCfunding deals in 1H 2026 were led by @span_io ($163 million), followed by an additional $75 million financing from Eaton, Verse ($54 million), metiundo ($48 million), and @InChargeEnergy ($46 million).
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Global #VCfunding for #smartgrid companies declined 35% YoY to $711 million across 34 deals in 1H 2026, compared with $1.1 billion across 41 deals in 1H 2025.
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Despite fewer deals, global corporate #funding for #smartgrid companies increased 36% YoY to $1.9 billion across 41 deals in 1H 2026, up from $1.4 billion across 48 deals in 1H 2025.
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Global #energystorage #projectacquisitions more than doubled in 1H 2026, with 63 transactions covering approximately 14 GW, up 126% from 31 transactions totaling 6.1 GW in 1H 2025.
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Solar project #acquisition activity surged in 1H 2026, with approximately 25.2 GW of #solar projects acquired, up 27% from 19.9 GW in 1H 2025, while the number of transactions increased 26% YoY.
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Corporate M&A activity in the #solar sector increased 14% YoY to 57 transactions in 1H 2026, up from 50 in 1H 2025. #acquisitions
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Corporate M&A activity in the #energystorage sector surged in 1H 2026 #globally, reaching 15 transactions, a 275% increase from four deals in 1H 2025.
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Announced solar #debtfinancing increased 69% YoY to $13.2 billion in 1H 2026, up from $7.8 billion in 1H 2025, while deal activity rose 7%.
For comprehensive overview: tinyurl.com/MercomSolarQ2202…
Despite increased deal activity, global debt and #publicmarket financing for the #energystorage sector edged down 1% YoY to $7.3 billion across 22 deals in 1H 2026, from $7.4 billion across 19 deals in 1H 2025.
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The largest #energystorage #VC/PE funding deals in 1H 2026 were led by @EnerVenue_Inc ($300 million), terralayr ($223 million), Liminal Energy ($200 million), Waaree Energy Storage Solutions ($111 million), and @lunarenergyinc ($102 million).
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Solar #publicmarketfinancing surged 371% YoY to $2.2 billion across 17 deals in 1H 2026, up from $467 million across five deals in 1H 2025.
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Despite more deals, #global #VCfunding for the #energystorage sector fell 6% YoY to $1.6 billion across 51 deals in 1H 2026, compared to $1.7 billion across 36 deals in 1H 2025.
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The largest solar #VC/PE funding deals in 1H 2026 were @InoxCleanEnergy ($343 million), @Nexamp ($180 million), @CleanMax_Ofc ($165 million), @AmarencoGroup ($150 million), and @grew_solar ($118 million).
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Despite a higher deal count, global corporate #funding for the #energystorage sector declined 2% YoY to $8.9 billion across 73 deals in 1H 2026, down from $9.1 billion across 55 deals in 1H 2025.
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Despite higher deal activity, solar #VCfunding declined 40% YoY to $1.5 billion in 1H 2026, compared to $2.5 billion in 1H 2025, while the number of deals increased 9%.
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Mercom Capital Group's Q2 and 1H 2026 Solar Funding and M&A Report is now available.
Total #corporatefunding for the #solar sector in 1H 2026 was $16.9 billion, a 56% year-over-year increase.
"Although policy and trade uncertainty continued to influence investment decisions, investors and lenders remained steadfast, backing companies with strong fundamentals, high-quality project pipelines, and clear execution strategies," commented @rajprabhu CEO at @Mercom Capital Group.
Get a comprehensive overview: mercomcapital.com/product/1h…


















