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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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Siemens’ Russelectric adds EV charging to Massachusetts renewable microgrid

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Russelectric, a manufacturer of distributed energy and microgrid control systems for mission-critical commercial facilities that was acquired by Siemens in 2018, has added electrical vehicle charging capabilities at its Hingham, Massachusetts, facility. kW (30A), thus providing a full charge for most EVs in under four hours.

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NREL study finds that uncoordinated plug-in vehicle charging could prove challenging to the grid

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An influx of plug-in electric vehicles (PEVs) charging without coordination could prove challenging to the nation’s electric grid, according to research conducted by the US Department of Energy’s National Renewable Energy Laboratory (NREL). This effect is exacerbated when higher in-home power charging is adopted.

Grid 295
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Hubject publishes Open Plug&Charge protocol

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Hubject, an e-mobility specialist founded in 2012 by leading companies in the energy, technology, and automotive industries ( earlier post ), has published the Open Plug&Charge Protocol (OPCP) , the first independent protocol to standardize the Plug&Charge EV ecosystem. Hubject simplifies the charging of electric vehicles.

Plug 334
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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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Volkswagen outlines coming changes to charging for its EVs

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Charging and energy are becoming a core business for Volkswagen; the company is building a universal and seamless eco-system for charging its electric models. models and soon also with the technology of bidirectional charging. models and soon also with the technology of bidirectional charging. Charging at home.

Charging 423