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Mercom: Corporate funding for energy storage companies hit $26.4B in 2022; up 55% y-o-y

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Mercom Capital Group, a global clean energy research and communications firm, released its report on funding and mergers and acquisitions (M&A) activity in 2022 for the energy storage, smart grid, and energy efficiency sectors. Corporate funding for energy storage, smart grid, and energy efficiency companies. Smart Grid.

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T&E: two-thirds of European battery production at risk as companies weigh investing in US instead

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More than two-thirds (68%) of lithium-ion battery production planned for Europe is at risk of being delayed, scaled down or cancelled, according to new analysis by the European NGO Transport & Environment. Battery investment in the US and China continued to grow, and European companies have already signalled expansion in America.

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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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Liquefied gas electrolyte company South 8 expands manufacturing facility; new pilot production line

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The new 12,500 square feet facility allows for team expansion and for the construction of a small pilot production line where South 8 plans to fill lithium-ion batteries with its LiGas electrolyte. South 8 Technologies, Inc., the developer of a novel liquefied gas electrolyte. and Chief Technology Officer Jungwoo Lee, Ph.D.,

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Koura acquires organosilicon electrolyte company Silatronix

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Koura , a developer, manufacturer, and supplier of fluoroproducts and technologies and part of the Orbia community of companies, has signed a definitive agreement to acquire Silatronix , a specialist in organosilicon (OS) electrolytes ( earlier post ). —Gregg Smith, President of Koura.

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SolarEdge, Kokam open 2GWh cell plant in South Korea

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SolarEdge Technologies and SolarEdge’s subsidiary, Kokam Limited Company, a provider of lithium-ion batteries and integrated energy storage solutions, announced the opening of “Sella 2”, a two gigawatt-hour (GWh) battery cell manufacturing facility. The opening of Sella 2 is an important milestone for SolarEdge.

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DOE awarding $75K to Cirba to expand battery recycling as part of $2.8B funding

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billion to 21 projects to expand domestic manufacturing of batteries for electric vehicles (EVs) and the electrical grid and for materials and components currently imported from other countries. In September 2022, Cirba Solutions announced plans to construct a 75,000-square-foot facility in Eloy, Arizona to recycle lithium-ion batteries.