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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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According to the report, global VC funding (venture capital, private equity, and corporate venture capital) for Battery Storage, Smart Grid, and Efficiency companies in 2019 was 18% lower with $2.3 billion raised in 2018. billion in 2018. In 2019, VC funding into Battery Storage companies increased by 103% to $1.7

2019 195
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Brine-to-battery company EnergyX secures $450M funding agreement with Global Emerging Markets

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Lithium and battery technology company Energy Exploration Technologies announced a $450-million investment commitment from Global Emerging Markets (GEM). The proceeds from this capital investment will further the company’s commercialization efforts of its direct lithium extraction and refinery technologies.

Global 199
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Ethanol production in Germany fell 12.88% last year from 2018; market share of E10 up 1 percentage point

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The German Bioethanol Industry Association (BDBe) has published the 2019 market data for the production and consumption of certified sustainable bioethanol. Sales of bioethanol were roughly on par with the previous year, with the market share of Super E10 rising by almost one percentage point to 13.7%. less than in the previous year.

2018 243
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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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Tesla launches Model 3 price cuts in other markets following the U.S.

Teslarati

Tesla has reduced the prices of its vehicles in multiple key markets around the world, after the automaker cut prices in the U.S. reductions with additional price cuts in its key markets of China and Germany, where it has additional Gigafactory locations. The post Tesla launches Model 3 price cuts in other markets following the U.S.

Price 114
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Mercom Capital report: VC funding up for battery storage, down for smart grid, efficiency companies in 1H 2018 YoY

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Total corporate funding (including venture capital funding, public market, and debt financing) in 1H 2018 was down with $2.4 In Q2 2018, VC funding for Battery Storage, Smart Grid, and Efficiency companies decreased to $367 million in 27 deals compared to $472 million in 23 deals in Q1 2018. Battery Storage.

2018 170
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Toshiba splitting into three companies; first such spin-off scheme for a Japanese company of this size

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Toshiba Corporation intends to split itself into three standalone companies: Infrastructure Service Co. Kioxia is a Japanese multinational computer memory manufacturer spun-off from Toshiba as Toshiba Memory Corporation in June 2018. New structure: overview of three companies. Infrastructure Service Co.

Companies 321