Mercom Capital Group’s second quarter 2015 report into VC funding in the energy storage, smart grid and energy efficiency sectors made for interesting reading for the battery and storage space. As PV Tech Storage noted on 21 July from the report, VC funding almost doubled over the first quarter of the year and the sector saw Arnold Schwarzenegger put his money where his green credentials are, bringing some celebrity investor gloss to the proceedings. PV Tech Storage spoke to Mercom Capital chief Raj Prabhu to delve deeper into the statistics.
The man who will host the UK’s first Tesla Powerwall in his home has said the British residential energy storage industry needs to avoid “false starts” which could result in “lots of inappropriately installed systems”.
Venture capital (VC) funding for battery and energy storage companies totalled US$126 million in the second quarter of this year, almost doubling Q1’s US$69 million total raised, according to a report from Mercom Capital Group.
Terraform Power, the renewable energy investment vehicle launched by SunEdison, the world’s biggest cleantech developer at present, is set to make its first acquisition in energy storage, SunEdison announced yesterday.
There is “still an argument to be had” over the best use of storage solutions in the UK markets, with pure storage or back-up capabilities two possible options according to LG Solar head of UK sales Bob Mills.
Battery manufacturer BYD’s deal to supply up to five electric double-decker buses for London is a “big win” for the company but not enough for them to start discussions on a European base, according to Lux Research’s Lilia Xie.
Energy storage technology is now used in 44% of US microgrids with 92% of that storage commissioned since 2012, according to GTM Research’s latest report.
Andy Colthorpe spoke to Energy Storage Association (ESA) executive director Matt Roberts a few weeks ago, shortly after the group’s annual conference in Dallas, Texas. Based in Washington, the organisation’s activities include advising on policy at regulatory and state level as well as encouraging technologists and researchers to share knowledge.
Andy Colthorpe spoke to Energy Storage Association (ESA) executive director Matt Roberts a few weeks ago, shortly after the group’s annual conference in Dallas, Texas. Based in Washington, the organisation’s activities include advising on policy at regulatory and state level as well as encouraging technologists and researchers to share knowledge.
Andy Colthorpe spoke to Energy Storage Association (ESA) executive director Matt Roberts a few weeks ago, shortly after the group’s annual conference in Dallas, Texas. Based in Washington, the organisation’s activities include advising on policy at regulatory and state level as well as encouraging technologists and researchers to share knowledge.
