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Mercom: battery, smart grid, energy efficiency companies raised $2.3B in VC funding in 2019; 18% lower than 2018

Green Car Congress

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. Utilities and oil and gas companies were involved in seven battery storage funding deals in 2019.

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Energy storage: the key to a decarbonised future

Setec Powerr

And with the popularity of electric vehicles, the grid is under more and more pressure, so the demand for energy storage is growing. Others solid battery types are nickel-cadmium and sodium-sulphur, while zinc-air is emerging. Technologies include energy storage with molten salt and liquid air or cryogenic storage.

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How to Hasten India’s Transition Away From Coal

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However, India ranks third in the world in total greenhouse gas emissions—the result of having the second-largest population and being third largest in energy consumption. cents per kilowatt-hour, and wind power to 3.4 percent from solar and wind power. costs less than fossil-fuel-based electricity. cents per kilowatt-hour.

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