smart grid sector News
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Australia’s Smart Grid Opportunity
Australia is now considered to be one of the world leaders in technology, comparable only to the United States in terms of smart grid innovation. Last year they received from the Federal Government a National Energy Efficiency Initiative of AU$100 million to develop a smart-grid energy network. A recent study, conducted by IDC, polled utility leaders from Australia, about their major ...
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Mercom: Battery storage, Smart Grid, and Efficiency Companies Receive Increased Funding in 2017
Mercom Capital Group, llc, a global clean energy research and communications firm, recently released its report on funding and mergers and acquisitions (M&A) activity for the battery storage, smart grid, and energy efficiency sectors for 2017. In 2017, a combined $1.5 billion was raised by battery storage, smart grid, and energy effficiency companies, an increase from the $1.3 billion raised ...
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Battery Storage, Smart Grid, and Efficiency Companies Raise $472 Million In VC Funding In Q1 2018
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 Battery Storage, Smart Grid, and Energy Efficiency sectors for the first quarter of 2018. To get a copy of the report, visit: http://bit.ly/MercomSGQ12018 According to the report, corporate funding in battery storage came to ...
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IRENA and China State Grid Agree to Advance Transition Through Power System Enhancements
The International Renewable Energy Agency (IRENA), and the State Grid Corporation of China (SGCC), this week signed a new Memorandum of Understanding (MoU) that will see the two organisations work closely to support grid enhancements, system flexibility and sector-coupling in China and IRENA's Clean Energy Corridor regions. The agreement aims to advance the global energy transformation towards ...
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Battery Storage, Smart Grid, and Efficiency Companies Raise $3.2 Billion in Corporate Funding in Q3 2020
Global corporate funding (including venture capital funding, public market, and debt financing) for the Battery Storage, Smart Grid, and Energy Efficiency sectors in Q3 2020 came to $3.2 billion compared to $1.2 billion in Q2, a 165% increase quarter-over-quarter (QoQ). Funding was also higher by 777% year-over-year (YoY) compared to the $365 million raised in 20 deals the same quarter last year. ...
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Central & Eastern Europe to Invest $28.6 Billion in Smart Grid Infrastructure
The Central and Eastern European (CEE) region offers one of the most compelling smart grid investment opportunities among emerging markets. The region—including Turkey—has relatively high rates of electricity consumption, areas with high non-technical losses and EU regulations that are driving the market. A handful of countries in the region have completed or are on their way to full ...
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Smart grids to lead energy efficiency and renewable revolution
The Rudd Government today officially invited industry bids to transform Australia's energy grid through the Smart Grid, Smart City initiative. The $100 million initiative will see Government and energy and communications sectors working in partnership to deploy Australia's first commercial-scale smart grid, with the potential to reduce home energy bills, cut carbon pollution and help in the ...
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Powerit Solutions Named One of the Globe’s Top Cleantech Companies
The Global Cleantech 100 list of the world’s most promising cleantech companies is out, and Powerit Solutions is on it for a second time. Developed by the Cleantech Group and in its fourth year, the competition received 8,285 nominations for 5,117 companies from 85 countries. Powerit Solutions also appeared on the list in 2009. Says Kevin Klustner, CEO of Powerit Solutions: ...
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4th Microgrid Global Innovation Forum in Washington, D.C. to Examine Latest Advances, Lessons Learned in N. America Deployments
The microgrid market opportunity in the U.S. is projected to double from $836 million in 2016 to $1.66 billion in 2020, according to GTM Research.* The drivers behind this include the need for greater grid reliability and resiliency, the integration and control of distributed energy resources into the grid, as well as the desire by commercial and industrial end users to control energy costs and ...
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6th Microgrid Global Innovation Forum in Washington, D.C. to Examine Latest Technology and Business Advances
Like | Tweet The global microgrid market size was valued at USD 3.76 billion in 2016, and is expected to reach USD 17.51 billion by 2025, growing at a CAGR of 17.0%.* The drivers behind this include the need for greater grid reliability and resiliency, the integration and control of distributed energy resources into the grid, as well as the desire by commercial and industrial end users to ...
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Battery Storage, Smart Grid, and Efficiency Companies Raise Over $839 Million In VC Funding In 1H 2018
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 Battery Storage, Smart Grid, and Energy Efficiency sectors for the second quarter (Q2) and first half (1H) of 2018. Total corporate funding (including venture capital funding, public market, and debt financing) in 1H 2018 was ...
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Microgrids Providing Innovative Business Models to Solve Today's Biggest Energy Challenge
Like | Tweet There's a growing spotlight on the fragility of America's aging electrical infrastructure, while both energy production and electricity generation from distributed energy resources (DER) continue to increase. New grid technologies, such as microgrids, can now provide innovative hardware and software that solves for DER integration and provide the benefits of secure, reliable, ...
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New collaborative approach can reduce the cost of clean energy by US$550 billion over the next decade
The world can save an estimated US$550 billion on the cost of deploying clean energy technologies over the next decade, putting them on a path to cost competitiveness, if countries work together to accelerate innovation by unlocking global collaboration. This is one of the key findings in a new report, United Innovations: cost-competitive clean energy through global collaboration, published today ...
By Carbon Trust
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Survey: Business Leaders are Overwhelmingly Positive about the Green Transition
Most business leaders believe that responsibility for driving the green transition rests with the private sector rather than policymakers, with the vast majority anticipating more opportunities than challenges. However, rapid progress to a lower carbon economy is under threat from the failure of companies to develop and source sufficient green skills, according to the Green Skills Outlook – new ...
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