smart-grid

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Corporate Funding for Energy Storage Declines 83% YoY in Q1 2023

Total corporate funding in energy storage, including from venture capital (VC), public market, and debt financing, amounted to $2.2 billion in 27 deals in the first...

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Energy Storage Firms Tap $26.4 Billion in Corporate Funding in 2022, up 55% YoY

Global corporate funding for energy storage, smart grid, and energy efficiency companies increased 63% in 2022 with $31.7 billion compared to $19.5 billion in 2021,...

January 20, 2023

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Gautamee Hazarika

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Energy Storage

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Market & Policy

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Mercom Research Focus
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Corporate Funding for Energy Storage Firms Up 69% YoY to $22 Billion in 9M 2022

Global corporate funding for energy storage, smart grid, and energy efficiency companies in the first nine months (9M) of 2022 increased to $25 billion compared to $15.1...

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A Smarter Grid Imperative for Efficient Clean Energy Transition: GE Interview

Maintaining grid stability is critical to transmitting the required power to consumers with increasing energy demands. Due to their intermittency, renewable assets...

September 15, 2022

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Satish Shetty

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Grid

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Market & Policy
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Corporate Funding for Battery Storage Firms Up by 64% YoY in 1H 2022

Global corporate funding for battery storage, smart grid, and energy efficiency companies in the first half (1H) 2022 increased to $17 billion compared to $10.4 billion...

July 20, 2022

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Rakesh Ranjan

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Energy Storage

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Market & Policy
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Daily News Wrap-Up: Ministry Launches Smart Grid Knowledge Centre to Support Innovation

Here are some noteworthy cleantech announcements of the day from around the world: Union Minister for Power (MoP), R.K. Singh, and Minister of State for Power, Krishan...

March 10, 2022

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Satish Shetty

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Other

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Renewable Energy
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Itron’s Revenue Falls by 7% YoY in Q4 2021, Registers a Net Loss of $58.9 Million

U.S.-based energy and water resource management technology company Itron in its recently announced financial results recorded revenue of $485.6 million in the fourth...

March 8, 2022

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Arjun Joshi

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Other

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Renewable Energy
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Battery Storage Companies Raise $17 Billion in 2021, Highest Since 2014

Global corporate funding, including venture capital (VC), public market, and debt financing, for battery storage, smart grid, and energy efficiency companies stood at...

January 27, 2022

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Harsh Shukla

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Mercom Research Focus

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Other
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Corporate Funding for Battery Storage Firms Jumps to $9.6 Billion in 1H 2021

Global corporate funding, including venture capital (VC) funding, public market, and debt financing for battery storage, smart grid, and efficiency companies in the...

July 21, 2021

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Harsh Shukla

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Mercom Research Focus

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Other
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Smart Grid Cell to be Established in Telangana

The Telangana State Electricity Regulatory Commission (TSERC) has issued a notification for implementing the TSERC (Smart Grid) Regulation, 2021. The regulation would be...

July 5, 2021

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Rahul Nair

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Grid

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Smart Grid
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Corporate Funding for Battery Storage Companies Up 52% With $4.7 Billion in Q1 2021

The venture capital (VC) funding for battery storage, smart grid, and energy efficiency companies in Q1 2021 saw a growth of 410% and stood at $1.3 billion, compared to...

April 21, 2021

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Rakesh Ranjan

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Grid

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Smart Grid
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EDP to Invest €24 Billion to Double its Solar and Wind Capacity by 2025

EDP, a Portugal-based electric utility company, will invest €24 billion (~$29.10 billion) in the energy transition to double its solar and wind capacity from 12 GW to 25...

February 26, 2021

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Harsh Shukla

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Finance and M&A

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Solar
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Researchers Develop a Hybrid Inverter That Integrates Distributed Energy Resources

Researchers at Oak Ridge National Laboratory (ORNL) claimed that they had developed a power electronic inverter platform that can easily connect distributed solar panels,...

August 15, 2020

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Harsh Shukla

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Solar

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Technology
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Power Finance Corporation Gives ₹23.89 Million to IIT-Kanpur for Smart Grid Research

The Power Finance Corporation Limited (PFC Limited) has signed a Memorandum of Association (MoA) with the Indian Institute of Technology – Kanpur (IIT-K) for training,...

August 3, 2020

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Staff

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Grid

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Smart Grid
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India and Sweden to Create $5 Million Fund to Research Smart Grids

Sweden and India recently announced the India-Sweden collaborative industrial research and development program at the India Smart Utilities Week. This collaborative...

March 9, 2020

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Rakesh Ranjan

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Grid

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Smart Grid

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