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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.

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Nissan introducing Serena with 2nd-generation e-POWER system in Japan

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Sales of gasoline-powered models will start this winter, and e-POWER models are to start in spring. The Serena features the second-generation e-POWER system, now equipped with an all-new, specially developed 1.4 The system delivers more powerful and smooth acceleration with less engine noise. Serena e-POWER Engine.

Japan 433
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Cal ISO: California grid battery storage increased nearly 20x since 2019 to 5,000MW; projected to hit 52,000 MW by 2045

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Today’s fleet of storage resources can capture enough electricity to power up to 5 million California homes. Escalating requirements saw the goal increase to 33% by 2020—a target that was met two years early in 2018. Senate Bill 100 (2018) accelerates the RPS goal to 60% by 2030. compared to 2020.

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Profiteering Hampers U.S. Grid Expansion

Cars That Think

The United States is not building enough transmission lines to connect regional power networks. The deficit is driving up electricity prices, reducing grid reliability, and hobbling renewable energy deployment. grids demands public scrutiny and accountability. Their grip over the backbone of U.S.

Grid 141
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Thomas Built Buses delivers 50th Proterra Powered electric school bus

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TBB and Proterra unveiled the high-performance Jouley electric school bus in 2018. DTE Energy will also initiate a Vehicle to Grid (V2G) study to obtain data regarding the energy efficiency and environmental benefits of electric vehicles and develop programs that benefit the schools based vehicle capabilities.

Virginia 435
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EIA: US large-scale battery storage power capacity increased 35% in 2020

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The United States continued a trend of significant growth in large-scale battery capacity, with US battery power capacity reaching 1,650 megawatts (MW) by the end of 2020. At the end of 2019, 163 large-scale battery storage systems were operating in the United States, a 28% increase from 2018.

2020 243
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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 94