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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 compared to $1.2

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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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Reliance buys Na-ion battery developer Faradion

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Reliance New Energy Solar Ltd, a wholly owned subsidiary of Reliance Industries Ltd, will acquire 100% shareholding in sodium-ion battery developer Faradion Limited ( earlier post ) for an enterprise value of £100 million (US$135 million). Sodium is the sixth-most abundant element on the planet. billion ($73.8 billion ($10.9

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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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Pike Research forecasts worldwide grid energy storage spending to reach $22B by 2021, down from 2010 forecast of $35B

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In its new report Energy Storage on the Grid (ESG), Pike Research forecasts that global spending in the ESG market will reach a little over $22 billion over the next 10 years. Electric grids require balance in order to function properly. Energy storage on the grid is reaching a turning point. Earlier post.).

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A Clean, Green Way to Recycle Solar Panels

Cars That Think

Inside a shipping container in an industrial area of Venice, the Italian startup 9-Tech is taking a crack at a looming global problem: how to responsibly recycle the 54 million to 160 million tonnes of solar modules that are expected to reach the end of their productive lives by 2050. Recovering the materials won’t be easy. More than 1.2

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Second-life EV batteries market expected to reach $34.7B by 2027

Teslarati

The global second-life EV battery market is projected to reach a total of $34,758.46 Global Second-Life EV Batteries Markets. The report gave an estimation of the global second-life EV batteries market size for each global region: The Americas: $6,454.94 Sodium-ion. million by 2027, up from $19,717.47 Lithium-ion.

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