Remove 2018 Remove Corporation Remove Energy Storage Remove Grid
article thumbnail

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

Green Car Congress

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.

2019 195
article thumbnail

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

Green Car Congress

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
article thumbnail

Leclanché secures $76M in funding, $51M facility for acquisitions and joint ventures in e-Transport and stationary grid-based storage markets

Green Car Congress

Switzerland-based energy storage company Leclanché SA has secured new additional funding from FEFAM, Leclanché’s largest shareholder. In addition to CHF 75 million (US$76 million) committed corporate funding, FEFAM has agreed to provide a conditional CHF 50 million (US$51 million) funding facility for acquisitions and joint ventures.

Grid 150
article thumbnail

UL issues world’s first certification for repurposed EV batteries to Nissan/Sumitomo JV

Green Car Congress

UL announced that 4R Energy Corporation, a joint venture of Nissan Motors and Sumitomo Corporation focusing on the effective reuse of EV batteries for energy storage systems, is the first organization worldwide to be certified to UL 1974 , the Standard for Evaluation for Repurposing Batteries.

Nissan 223
article thumbnail

Tesla Megapack-powered BESS at Moss Landing commissioned to PG&E’s grid

Teslarati

megawatt Tesla Megapack battery energy storage system (BESS) located at Moss Landing, which officially certifies the project to join the company’s grid. The project integrates renewable energy sources into California’s grid while also enhancing the reliability of the energy supply.

Grid 98
article thumbnail

PG&E to retire Diablo Canyon nuclear plant by 2025, replace with renewables and energy storage

Green Car Congress

The Joint Proposal would replace the power produced by the two nuclear reactors at Diablo Canyon with a portfolio comprising energy efficiency, renewables and energy storage. It includes a PG&E commitment to a 55% renewable energy target in 2031—the highest such voluntary commitment by a major US energy company.

article thumbnail

Vouchers are Becoming the Clean Vehicle Incentive of Choice for Fleets

Green Car Congress

Today, there are three new program developments that set the program up for success in 2018 and beyond. HVIP Program Enhancements for 2018 (tips for voucher success). For fleet operators in California, 2018 represents the best opportunity yet to convert­ fleets into hybrid and plug-in vehicles. Be inclusive.

Fleet 207