For battery storage, total corporate funding including venture capital (VC), debt, and public market financing was $244 million in nine deals compared to $635 million in 10 deals in Q4 2019 New Delhi: Battery storage, smart grid, and energy efficiency companies raised $252 million in the first quarter (Q1) of 2020, a 20 per cent […]
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European utility already claims the world’s largest renewables fleet, with 46 gigawatts under management. European utility giant Enel has committed half of its total investment over the next few years to decarbonization, part of a new strategic plan revealed on Tuesday. Between 2020 and 2022, the Italian group will invest €11.5 billion ($12.6 billion) in […]
US software and data company Autogrid has continued its roll-out of solutions into Japan’s evolving electricity market, joining a virtual power plant (VPP) project that could add more than 10,000 assets by the end of 2021. Autogrid has been one of the prominent early movers in aggregating distributed energy resources (DERs) including solar, battery energy […]
Sunrun wants solar-battery microgrids to be part of PG&E’s plan to mitigate what could be widespread blackouts geared to prevent fires. As Pacific Gas & Electric and California regulators grapple with how to manage the potential for widespread fire-prevention grid shutdowns this summer, clean energy advocates are demanding a role for solar, energy storage and […]