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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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According to the California Independent System Operator, battery storage capacity in the state has increased by nearly 20 times since 2019—from 250 megawatts (MW) to 5,000 MW. Today’s fleet of storage resources can capture enough electricity to power up to 5 million California homes.

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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. Battery Storage. billion in 2019 compared to $1.3 billion compared to $2.8

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Mercom Capital Group: Battery storage, smart grid & efficiency companies raise $3.2B in funding in Q3 2020; up 165% QoQ, 777% YoY

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Mercom Capital Group, LLC, a global clean energy communications and consulting firm, released its report on funding and mergers and acquisitions (M&A) activity for the global Battery Storage, Smart Grid, and Energy Efficiency sectors for the third quarter (Q3) and first nine months (9M) of 2020. billion in 9M 2019.

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

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A combined $210 million was raised by battery storage, smart grid, and energy efficiency companies in Q1 2019—a 55.5% Total corporate funding (including VC, debt, and public market financing) in battery storage came to $130 million in nine deals compared to $110 million in 14 deals in Q4 2018. Smart Grid.

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DOE launches design & construction of $75M grid energy storage research facility at PNNL

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The US Department of Energy (DOE) has begun work on the Grid Storage Launchpad (GSL), a $75-million facility located at Pacific Northwest National Laboratory (PNNL) in Richland, Washington that will boost clean energy adaptation and accelerate the development and deployment of long-duration, low-cost grid energy storage.

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Mercom Capital: funding for battery storage, smart grid & efficiency companies down 38% YoY in 1H 2020

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Mercom Capital Group, LLC, a global clean energy communications and consulting firm, released its report on funding and mergers and acquisitions (M&A) activity for the global Battery Storage, Smart Grid, and Energy Efficiency sectors for the second quarter (Q2) and first half (1H) of 2020. billion raised in 1H 2019. Smart Grid.

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Mercom Capital: VC funding for battery storage companies up 139% YoY in 1H 2019 to $1.4B; led by Northvolt financing

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VC funding in Battery Storage companies in 1H 2019 was up by 139% with $1.4 The Top 5 VC funding deals in 1H 2019 were: Northvolt’s $1-billion raise; Sila Nanotechnologies raised $170 million; Romeo Power secured $88.6 A total of 41 VC investors participated in Battery Storage funding in 1H 2019. Smart Grid.

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