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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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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. Corporate funding in Q3 2020 came to $2.8

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TerraPower closes $750M fundraise; SK invests $250M

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TerraPower, a nuclear innovation company, has closed an equity raise that yields a minimum of $750 million. The Natrium technology has a 345MW sodium fast reactor coupled with a molten molten salt integrated energy storage system that will provide clean, flexible energy and stability for the grid. SK invested $250 million.

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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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NYSERDA Commits $8M to Develop and Commercialize 19 New York Battery and Energy-Storage Technology Projects

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The awards are being made to companies and universities across New York that are involved in advanced research and development of energy storage applications that could benefit transportation, utility Smart Grid applications, renewable energy technologies, and other industries. Ultralife Corporation. Murray, Jr.,

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DOE awarding >$24M to 77 projects through Technology Commercialization Fund

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Extension of Core Restrain Design Code NUBOW-3D to Lead Cooled Fast Reactor Systems, $75,000 Westinghouse Electric Company, Cranberry Township, Pa. Quanex Building Products Corporation, Houston, Texas SCP SYS LLC, San Francisco, Calif. Advanced Membranes for Redox Flow Batteries, $300,000 The Chemours Company, Wilmington, Del.

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CalSEED awards $4.2M to early-stage clean energy innovations

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The California Sustainable Energy Entrepreneur Development (CalSEED) program announced that the fourth cohort of innovative clean energy concepts has been approved by the California Energy Commission (CEC); 28 companies out of 212 were selected to receive grants of $150,000 each. Details of the 28 companies awarded a total of $4.2

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