The Energy Storage Report 2024

Now available to download, covering deployments, technology, policy and finance in the energy storage market

funding

November 13, 2017
Australia’s Clean Energy Finance Corporation (CEFC) will help finance the country’s first “unsubsidised large-scale grid-connected battery”, co-located with a wind farm in South Australia.
October 25, 2017
The amount of VC funding invested in battery energy storage companies in the first nine months of this year has more than doubled from the equivalent period of 2016, according to a report from Mercom Capital.
October 24, 2017
The Caribbean Development Bank (CDB) has approved funds of USD$350,000 for energy storage and grid modernisation in the Caribbean.
September 27, 2017
Two US Senators introduced a bill in Congress at the beginning of this week that would require the national Secretary of Energy to establish research and demonstration programmes and deployment strategies for energy storage, if passed.
August 30, 2017
The government of Jay Weatherill, premier of South Australia, has just formally launched three Calls for Proposals under the Renewable Technology Fund, a programme to foster private investment and accelerate project development in clean energy technologies.
July 11, 2017
Britain’s government has thrown its weight behind vehicle-to-grid (V2G) by announcing £20 million (US$25.8 million) would be available for a competition to further the development of the bi-directional electric vehicle charging technology.
June 22, 2017
Up to US$6.3 million in funding will support the commercialisation of emerging energy storage technologies in New York, from public benefit corporation NYSERDA (New York State Energy Research & Development Agency).
May 15, 2017
Over €12 million (US$13.18 million) in funding will be provided to two European projects to examine and exploit synergies between the stationary energy storage and transport sectors, through the EU’s Connecting Europe Facility (CEF) funding instrument.
April 28, 2017
Flow battery maker Primus Power was leader of the charts in VC funding in the first quarter of 2017, securing US$32 million from a range of investors, according to Mercom Capital’s latest report.
April 20, 2017
Projects that demonstrate how energy storage can benefit a wide range of stakeholders and the electric grid can compete for US$15.5 million of funding from the New York State Energy Research and Development Authority (NYSERDA).

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