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Mercom: Corporate funding for energy storage companies hit $26.4B in 2022; up 55% y-o-y

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Mercom Capital Group, a global clean energy research and communications firm, released its report on funding and mergers and acquisitions (M&A) activity in 2022 for the energy storage, smart grid, and energy efficiency sectors. Corporate funding for energy storage, smart grid, and energy efficiency companies.

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Electrochemical energy storage startup SPARKZ licenses ORNL cobalt-free battery tech

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Stealth-mode electrochemical energy storage startup SPARKZ Inc. has exclusively licensed five battery technologies from the Department of Energy’s Oak Ridge National Laboratory (ORNL) designed to eliminate the use of cobalt metal in lithium-ion batteries. SPARKZ Inc. SPARKZ Inc.

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First charging station for EVs using second-life batteries from Irizar e-mobility is in service

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The first charging station for EVs that uses energy storage based on second-life batteries from Irizar e-mobility is up and running. Irizar e-mobility and Ibil earlier signed a collaboration agreement to give a second life to electric bus batteries. The power of the grid needed to provide services is reduced by 70%.

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Hydro-Québec and Sony forming JV to develop large-scale Li-ion energy storage system for power grids

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Hydro-Québec and Sony Corporation will establish a joint venture to research and develop a large-scale energy storage system for power grids. Sony and Hydro-Québec plan to establish the new company in June, 2014.

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ABB and BYD enter strategic global collaboration on energy storage

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announced today a strategic global collaboration to develop new solutions for energy storage, building on their complementary strengths. The scope of the collaboration focuses on the following applications: Grid-connected energy storage. Micro-grid applications. Solar energy. Solar energy.

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Hitachi developing packaged 1 MW Li-ion energy storage system for grid stabilization

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has developed a container-type energy storage system as a core energy product for ensuring the stable use of distributed renewable energy such as wind and solar power, while maintaining the power supply-demand balance. s battery-related expertise. s battery-related expertise. Hitachi, Ltd. Click to enlarge.

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Zinc-air battery company Eos Energy Storage raises $15M

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Eos Energy Storage, a developer of zinc-air grid-scale battery technology, completed its $15-million Series B financing round with participation from a syndicate of 21 strategic and financial investors. Eos has developed Znyth, a zinc hybrid cathode battery technology. Eos will begin deploying the Aurora in 2014.

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