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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. In 2019, VC funding into Battery Storage companies increased by 103% to $1.7 Smart Grid.

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BC Hydro and SC Electric Company partner on sodium-sulfur battery energy storage project

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BC Hydro has selected S&C Electric Company, a renewable energy integration company, for a sodium-sulfur (NaS) battery energy storage project intended to improve service reliability for a remote mountain community in British Columbia.

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EV Guru: Sodium-Ion Batteries are Coming Sooner Than You think!

Plug In India

Demand for the element is so great for applications including electric vehicles, portable electronic devices, and stationary energy units, that lithium mining companies are struggling to keep up. In addition, about 90% of the world’s supply of lithium is controlled by Chinese companies. Also sodium is universally available.

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GE posts $63M in orders for Durathon sodium-halide battery systems

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GE’s Energy Storage business announced $63 million in new Durathon sodium-halide battery orders since the business launched in July. GE’s Durathon battery technology works by employing sodium chemistry to capture excess energy from the diesel fuel generators. Earlier post.) —Prescott Logan, General Manager, GE Energy Storage.

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Low-cost 5V dual carbon battery development for EV 

Electric Vehicles India

Low-cost 5V dual carbon battery development for EV . A 5V Dual Carbon Battery that uses self-standing carbon fibre mats as both electrodes such as cathode and anode has been developed by the Electrochemical Energy Storage Lab at the Indian Institute of Technology Hyderabad (IITH). A research group led by Surendra K.

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DOE Awarding $620M for Smart Grid Demonstration and Energy Storage Projects

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The US Department of Energy is awarding $620 million for projects around the country to demonstrate advanced Smart Grid technologies and integrated systems. Smart grid regional demonstrations involving plug-in vehicles include (ranked by DOE funding): Columbus Southern Power Company (doing business as AEP Ohio).

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Aqua Metals is building a more sustainable battery recycling ecosystem

Charged EVs

Pyrometallurgy, which traditionally doesn’t recover carbon or lithium, seems likely to be phased out. Several companies are developing chemical processes, but these are still at pilot scale, and Aqua’s execs see serious challenges in delivering the required product purity and dealing with waste streams.