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

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 first half (1H) of 2021, was up ...
Smart Grid Cell to be Established in Telangana

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 enforced from the date of its publication ...
/ / Grid, Smart Grid
Corporate Funding for Battery Storage Companies Up 52% With $4.7 Billion in Q1 2021

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 $252 ...
/ / Grid, Smart Grid
EDP to Invest €24 Billion to Double its Solar and Wind Capacity by 2025

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 GW by ...
/ / Finance and M&A, Solar
Researchers Develop a Hybrid Inverter That Integrates Distributed Energy Resources

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, electric vehicles (EV), and electric storage ...
/ / Solar, Technology
Power Finance Corporation Gives ₹23.89 Million to IIT-Kanpur for Smart Grid Research

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, research, and entrepreneurship development in ...
/ / Grid, Smart Grid
India and Sweden To Create $5 Million Fund to Research Smart Grids

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 effort will be co-funded by the Department of Science ...
/ / Grid, Smart Grid
Venture Capital Funding for Battery Energy Storage Companies Rises by 103% in 2019

Venture Capital Funding for Battery Energy Storage Companies Rises by 103% in 2019

In 2019, global VC funding (venture capital, private equity, and corporate venture capital) for battery storage, smart grid, and efficiency companies totaled $2.3 billion compared to $2.8 billion raised in ...
/ / Mercom Research Focus, Other
VC Funding for Battery Storage Rises by 104% in the First Nine Months of 2019

VC Funding for Battery Storage Rises by 104% in the First Nine Months of 2019

Global VC funding (venture capital, private equity, and corporate venture capital) for battery storage, smart grid, and efficiency companies in the first nine months (9M) of 2019 was 54% higher ...
Sri Lanka’s Smart Grid Project to Receive $34 Million from France

Sri Lanka’s Smart Grid Project to Receive $34 Million from France

In an effort to reduce the transmission losses at its state utility Ceylon Electricity Board (CEB), Sri Lanka is slated to receive ₹2,529 million (~$34.41 million) from French Agency for ...
/ / Grid, Smart Grid
EESL Issues Tender to Procure 5 Million Smart Meters

EESL Issues Tender to Procure 5 Million Smart Meters

Energy Efficiency Services Limited (EESL), a joint venture of the public-sector units of the Ministry of Power and the Government of India, has issued a tender to procure 5 million ...
/ / Grid, Smart Grid
Tata Power DDL Landis Gyr Smart Meters

Tata Power Delhi Distribution Limited to Install 2,50,000 Smart Meters in First Phase

Tata Power Delhi Distribution Limited (TPDDL), a power distribution company (DISCOM), will be installing 2,50,000 smart meters in North and Northwest Delhi by end 2018. The 2,50,000 smart meters will ...
/ / Grid, Smart Grid