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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% 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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TAE Technologies exceeds fusion reactor performance goals by 250% as company closes $250M round; $1.2B to date

Green Car Congress

TAE says that its non-radioactive approach represents the fastest, most practical, and economically competitive solution to bring abundant carbon-free energy to the grid. Goldman Sachs served as the exclusive financial advisor in connection with the Series G-2 financing round. billion for its commercial fusion development.

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Fusion energy company TAE Technologies launches power management subsidiary TAE Power Solutions

Green Car Congress

The local grid near the company’s headquarters in Southern California provides 2 MW of power, while its fifth-generation fusion research reactor, Norman, operates at up to 750 MW. Background. The path to Power Solutions began with TAE solving a power problem for fusion. billion.

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Report from the REFF-Wall Street; Themes in Renewable Energy Finance

Green Car Congress

Green Car Congress attended the Renewable Energy Finance Forum - Wall Street (REFF-Wall Street) conference (23-24 June) sponsored by Euromoney Energy Events and the American Council on Renewable Energy (ACORE). Renewable energy projects are frequently financed with project rather than corporate finance. by Bill Cooke.

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Opinion: Why Buffett Bet A Billion On Solar: Miles Per Acre Per Year

Green Car Congress

Chevron, ExxonMobil and Shell cannot stop this; they will begin to bleed trillions of miles per year. They had better think seriously about financing solar and wind arrays. During the midday hours, many grids will experience negative pricing as solar PV floods the market to the extent that the power cannot be stored.

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Plug-in cars: Moving Forward

Plugs and Cars

The taxpayer is financing the American automakers’ survival and their future. The National Hydrogen Association (members include Chevron, GM, Shell, Toyota, Honda, CARB and UC Davis), the California Hydrogen Business Council, and the US Fuel Cell Council are not happy with Chu’s cuts. In the past industry ultimately called the shots.

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Clearing the roadblocks to electrification of heavy-duty trucks

Charged EVs

[This project is currently at the stage of conducting grid readiness assessments.] So we set out to show the industry what needed to be done so that the Flying Js, the Chevrons, the BPs of the world would understand that this needs to be built and that they had some support in doing so. So WattEV is going to offer truck-as-a-service.

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