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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.

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Oshkosh Corporation unveils Volterra platform of electric fire and emergency vehicles

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Oshkosh Corporation’s Fire & Emergency segment unveiled the Volterra platform of electric vehicles with the introduction of two new trucks under the Pierce Manufacturing and Oshkosh Airport Products brands. —John Pfeifer, Oshkosh Corporation President and CEO. The Volterra platform uses Oshkosh’s parallel-electric drive train.

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Toshiba delivers two SCiB Li-ion grid energy storage systems

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Toshiba Corporation has delivered battery energy storage systems integrating the company’s SCiB Li-ion battery ( earlier post ) to Kyushu Electric Power Co., for a demonstration project to expand introduction of renewable energy sources on remote islands. The demonstration program will run for three years to fiscal 2016.

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Siemens and Vietnam Motors Industry Corporation launch hybrid-drive bus partnership

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Vietnam and Vietnam Motors Industry Corporation (Vinamotor) entered a cooperation agreement to apply Siemens Elfa hybrid drive technology for city buses in Vietnam. The diesel-electric hybrid drive Elfa systems combine mobile energy generators, such as diesel generator sets and high performance energy storage devices.

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Hydrogenics wins order from E.ON for power-to-hydrogen-gas energy storage project in Germany

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Electrolysis company Hydrogenics Corporation has received an order from E.ON The 2 MW energy storage facility, to be located in Falkenhagen in northeast Germany, will use surplus renewable energy sources to produce hydrogen for storage in the country’s existing natural gas pipeline network.

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

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The US Department of Energy’s Advanced Research Projects Agency-Energy (ARPA-E) has selected 19 new projects to receive a total of $43 million to develop breakthrough energy storage technologies and support promising small businesses. Advanced Management And Protection Of Energy-Storage Devices (AMPED).

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DOE awards Group14 Technologies $3.96M as Energy Storage Grand Challenge winner; nano-silicon within an engineered carbon scaffold

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Group14 Technologies, a provider of silicon-carbon composite materials for global lithium-ion markets, announced that it has been selected as a winner of the Department Of Energy’s Energy Storage Grand Challenge and will receive a $3.96-million million award.