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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.

2019 170
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Leclanché secures $76M in funding, $51M facility for acquisitions and joint ventures in e-Transport and stationary grid-based storage markets

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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. Switzerland-based energy storage company Leclanché SA has secured new additional funding from FEFAM, Leclanché’s largest shareholder.

Grid 150
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Nel ASA receives purchase order for 20MW alkaline electrolyzer from steelmaker Ovako

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Ovako is a leading European manufacturer of engineering steel for customers in the bearing, transportation and manufacturing industries, and is a subsidiary of Sanyo Special Steel and part of the Nippon Steel Corporation Group.

Purchase 418
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EnerDel Partners with Mazda, Itochu, and Others for Smart Grid Integration Project in Japan

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US-based lithium-ion battery producer EnerDel will supply the advanced battery systems at the heart of a new project, based in Tsukuba City, Japan, combining electric vehicles (EVs), stationary grid storage, solar power and a rapid charging infrastructure a in a real-world operating environment. Earlier post.).

Mazda 218
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Saft opens new subsidiary in Japan

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headed by Philippe Ulrich, Saft Sales Director for Asia, is a major strategic step that underpins Saft’s strategy to become even closer to customers in Asia. has now taken responsibility for the activities in the Japanese market that were handled previously by its long-standing partner, Sumitomo Corporation. Saft Japan K.K.

Japan 150
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Default Passwords Jeopardize Water Infrastructure

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s power grid is relatively well-resourced and hardened against cyber attack, at least when compared to American water systems. and established [ the North American Electric Reliability Corporation ] in response. He says the U.S.’s The structure of the water industry in the U.S. differs significantly from that of Europe and the U.K.,

Water 87
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IDTechEX sees battery swapping as winner in 2- and 3-wheeler markets of Asia-Pacific

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These include long dwell times, high power demand from the grid, availability and reliability issues, and the need for end-users to deal with heavy cables, dirty connectors, and buggy user interfaces. Battery-swapping technology aims to address the shortcomings of conductive fast-charging. Two- and three-wheelers.

Asia 326