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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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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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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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ARPA-E awards $43M to 19 energy storage projects to advance electric vehicle and grid technologies

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This latest round of ARPA-E projects seek to address the remaining challenges in energy storage technologies, which could revolutionize the way Americans store and use energy in electric vehicles, the grid and beyond, while also potentially improving the access to energy for the US. Ford Motor Company. Eaton Corporation.

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Six Technology Innovations in Electric Vehicle Charging

Driivz

Smart EV charging delivers reliable, safe, renewable, and cost-effective energy to EVs while meeting the needs of drivers and local grids. It depends on sophisticated back-end software that captures data from EVs, networked chargers, and the grid. New chemistries such as sodium-ion offer promise of incremental improvement.