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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. In 2019, VC funding into Battery Storage companies increased by 103% to $1.7

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DOE launches design & construction of $75M grid energy storage research facility at PNNL

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The US Department of Energy (DOE) has begun work on the Grid Storage Launchpad (GSL), a $75-million facility located at Pacific Northwest National Laboratory (PNNL) in Richland, Washington that will boost clean energy adaptation and accelerate the development and deployment of long-duration, low-cost grid energy storage.

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Mercom Capital Group: Battery storage, smart grid & efficiency companies raise $3.2B in funding in Q3 2020; up 165% QoQ, 777% YoY

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Mercom Capital Group, LLC, a global clean energy communications and consulting firm, released its report on funding and mergers and acquisitions (M&A) activity for the global Battery Storage, Smart Grid, and Energy Efficiency sectors for the third quarter (Q3) and first nine months (9M) of 2020. billion in 9M 2019.

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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.

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Mercom Capital: funding for battery storage, smart grid & efficiency companies down 38% YoY in 1H 2020

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Mercom Capital Group, LLC, a global clean energy communications and consulting firm, released its report on funding and mergers and acquisitions (M&A) activity for the global Battery Storage, Smart Grid, and Energy Efficiency sectors for the second quarter (Q2) and first half (1H) of 2020. billion raised in 1H 2019.

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BNEF ups forecast for global investment in stationary energy storage, sees majority of capacity likely to be grid-scale

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Global cumulative energy storage installations. BNEF’s Energy Storage Outlook 2019 predicts a further halving of lithium-ion battery costs per kilowatt-hour by 2030, as demand takes off in two different markets: stationary storage and electric vehicles. Source: BloombergNEF. —Logan Goldie-Scot, head of energy storage at BNEF.

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Mercom Capital: VC funding for battery storage companies up 139% YoY in 1H 2019 to $1.4B; led by Northvolt financing

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VC funding in Battery Storage companies in 1H 2019 was up by 139% with $1.4 The Top 5 VC funding deals in 1H 2019 were: Northvolt’s $1-billion raise; Sila Nanotechnologies raised $170 million; Romeo Power secured $88.6 A total of 41 VC investors participated in Battery Storage funding in 1H 2019. Smart Grid.

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