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Mercom: battery, smart grid, energy efficiency companies raised $2.3B in VC funding in 2019; 18% lower than 2018

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Mercom Capital Group, llc, a global clean energy research and communications firm, released its report on funding and mergers and acquisitions (M&A) activity for the Battery Storage, Smart Grid, and Energy Efficiency sectors for 2019. billion raised in 2018. billion in 2018. billion in 2018. billion in 2018.

2019 195
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Mercom: battery storage, smart grid, and efficiency companies raised $1.3B+ in VC funding in 9M 2018

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Global VC funding (venture capital, private equity, and corporate venture capital) for Battery Storage, Smart Grid, and Efficiency companies in the first 9 months (9M) of 2018 was 8% higher at more than $1.3 Total corporate funding (including venture capital funding, public market, and debt financing) in 9M 2018 was down with $3.3

2018 191
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Profiteering Hampers U.S. Grid Expansion

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The deficit is driving up electricity prices, reducing grid reliability, and hobbling renewable energy deployment. grids demands public scrutiny and accountability. The European Commission in 2018 set a target for each member country to transmit across its borders at least 15 percent of the electricity produced in its territories.

Grid 141
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Mercom: battery storage, smart grid, and efficiency companies raise $210M in VC funding in Q1 2019, down 55.5% YoY

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A combined $210 million was raised by battery storage, smart grid, and energy efficiency companies in Q1 2019—a 55.5% decrease from the $472 million raised in Q1 2018, according to a new report from Mercom Capital Group, llc, a global clean energy communications and consulting firm. Smart Grid.

2019 170
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UK Government to award US$26M to EV-to-grid projects

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The UK Government will award £20 million (US$26 million) to support the development of electric vehicles capable of returning electricity to the grid. The projects will investigate technology that allows plug-in electric vehicles to not only draw power from the grid when charging but return it to people’s homes or back to the grid.

Grid 170
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Danish Parker project developing universal definition for EV integration with electric grid for V2G services

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Nissan, Mitsubishi Corporation, Mitsubishi Motors Corporation, PSA Groupe, NUVVE, Frederiksberg Forsyning, Enel, Insero and DTU (Technical University of Denmark) Electrical Engineering (PowerLabDK) are partnering in the Danish project Parker to develop a universal definition for grid integration for electric vehicles.

Grid 231
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thyssenkrupp’s water electrolysis technology qualified as primary control reserve in Germany; hydrogen production for the electricity market

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thyssenkrupp’s proprietary water electrolysis technology for the production of. In the future thyssenkrupp’s electrolysis plants will be able to act as large-scale buffers to stabilize the power grid and compensate fluctuations quickly and flexibly. In 2018 methanol was produced from steel mill gases for the first time.

Water 337