Greentown Labs

OCTOBER 23, 2023

Syzygy Plasmonics and Greentown partner Mitsubishi Heavy Industries signed an investment agreement. Greentown members Fervo Energy and Form Energy , alongside alum Sublime Systems , were named to MIT’s 2023 Climate Tech Companies to Watch. The post Greentown Labs Member Milestones — October 2023 first appeared on Greentown Labs.

Startups 73

Startups Lithium Waste Waste 73

Smart Energy International

MARCH 13, 2024

As the Dutch-German TSO TenneT investigates the sale of its German operations to the Federal government, its annual investments are expected to grow to at least €10 billion ($10.9 billion), spurred by the call for grid expansion. In 2023, Tennet invested €7.7 In June 2023, the Dutch state provided €1.6 billion ($8.4

Investment 52

Investment Power grid Government Sustainability 52

Smart Energy International

JANUARY 18, 2024

In today’s distributed energy system, managing power grid complexity is challenging. But grid operators are often handling these changes with an ageing infrastructure that wasn’t built with a distributed energy system in mind. This puts enormous pressure on power generation,transmission and the distribution network.

Power grid 52

Power grid Building Energy Monitoring Energy Monitor Business Energy Monitoring 52

Smart Energy International

MARCH 19, 2024

The European Investment Bank (EIB) and Iberdrola have signed a €700 million ($759.8 million) green loan to expand the electricity distribution grid in Spain. Additionally, more than 65% of the total investment will go to Spanish regions where per-capita income is below the EU average. Of the loan, an initial €500 million ($542.7

Power grid 105

Power grid Investment Energy Energy 105

Smart Energy International

DECEMBER 21, 2023

This final 2023 edition of Smart Energy Finances Weekly looks into key deals from the last year and different trends to keep your eye on as we transition into 2024. Think AI-boosted investment platforms, moves to ease up grid connection queues and top tech players to watch.

Energy 96

Energy Energy Power grid Investment 96

GreenTechMedia

JUNE 3, 2020

France, Italy and Spain — will get the majority of their power from wind, solar and other variable renewable energy sources as early as 2023, WoodMac says. As that variable output surges, Europe has four options for balancing out its grid: pumped hydro, gas peakers, energy storage and interconnectors.

Solar Energy Monitor 130

Solar Energy Monitor Building Energy Monitoring Energy Monitor Power grid 130

Smart Energy International

SEPTEMBER 7, 2023

Aiming to bring together industry leaders to raise awareness about the grids’ crucial role in the energy transition and develop input for EU-level policy discussions, the immense investment needed to reinforce the grid stood out as a key topic. Europe needs to invest €584 billion ($624.6 This is huge.

Investment 59

Investment Europe Fossil fuels Power grid 59

Smart Energy International

DECEMBER 23, 2023

As a 2020 investment into electrical equipment company Arteche comes to a close, the Europe’s Investment Bank (EIB) has announced a new loan agreement with the company, doubling down on its research and innovation expertise. The deal sees €29 million ($31.9 In 2020, the two announced financing of €27 million ($29.7

Innovation 64

Innovation Electricity Power grid Fossil fuels 64

GreenTechMedia

DECEMBER 27, 2019

Yet many are still struggling to understand how to value energy storage as an investment. Global investments of $374 billion a year will be needed to upgrade the grid with enough flexibility to account for the variable power generation profiles of renewable technologies like solar and wind. alone by 2023.

Investment 130

Investment Energy Energy Batteries 130

ThinkGeoEnergy

APRIL 12, 2024

Kenya’s state-owned geothermal developer Geothermal Development Company has launched its 2023-2027 Strategic Plan that outlines the company’s goals, initiatives, and vision for the next five years. The abridged version of the 2023-2027 Strategic Plan can be accessed via this link. Davis Chirchir.

Geothermal power 98

Geothermal power Power grid Energy Energy 98

Smart Energy International

MAY 3, 2024

According to Mercom’s report, smart grid corporate funding came to $686 million in 14 deals in Q1 2024, compared to $1.1 billion in 18 deals in Q1 2023 and $314 million in 12 deals in Q4 2023. In a QoQ comparison, funding in Q1 2024 was 197% higher compared to Q4 2023, when $221 million was raised in 10 deals.

Europe 52

Europe Investment Startups Electric vehicle 52

ThinkGeoEnergy

JANUARY 26, 2024

The BHA will invest federal Capital Fund Program resources to support electrification of the heating and domestic hot water equipment within the buildings including retrofits, electrical upgrades, and replacement of appliances and heating equipment.

Fossil fuels 111

Fossil fuels Cooling Power grid Construction 111

Smart Energy International

OCTOBER 1, 2023

Infravision, a company focused on power grid modernisation with drone-enabled power line upgrades, announced it has raised $23 million in Series A financing. “We’re confident Infravision’s proven technology is the solution for today and for the future of power line construction automation and grid efficiency.”

Energy Monitor 52

Energy Monitor Building Energy Monitoring Business Energy Monitoring Construction 52

Smart Energy International

SEPTEMBER 18, 2023

The assignment began in May 2023, extends until 2031 and is valued at just over SEK50 million ($4.5 Sign up to our newsletter and stay informed “Svenska kraftnät is now making extensive future investments in the electricity grid and Sweco is proud to be able to assist with multidisciplinary expertise.

Power grid 69

Power grid Investment Resilience Electricity 69

Smart Energy International

JANUARY 24, 2024

The IEA’s Electricity 2024 report records electricity demand growth easing in 2023 but is projected to accelerate over the next three years through 2026. in 2023, less than the 2.4% In 2023 the share of electricity in final energy consumption is estimated to have reached 20%, up from 18% in 2015. Have you read?

Energy Monitor 59

Energy Monitor Home Energy Monitoring Solar Energy Monitor Building Energy Monitoring 59

Smart Energy International

NOVEMBER 14, 2022

In addition to the obvious investments such as putting $7.5 billion toward building new renewable energy capacity over the next two decades, investing in transmission, and adding 800MW of battery storage in Missouri by 2038, the company explained how it is working to build EV charging infrastructure and reduce voltage. EV Programmes.

Investment 52

Investment Fashion Electricity Power grid 52

Smart Energy International

FEBRUARY 9, 2024

Additionally, these federal investments are expected to unlock billions of dollars of state and private sector capital to build transformative projects that modernise and increase the reliability of the power grid. Through the RFP, $1.2

Energy 69

Energy Energy Construction Power grid 69

Smart Energy International

JANUARY 17, 2024

It’s estimated that private cellular networks for utilities will account for nearly $2 billion in cumulative infrastructure spending between 2023 and 2026. SGCC (State Grid Corporation of China) has deployed a private 5G NR-U (NR in Unlicensed Spectrum) network – operating in license-exempt Band n46 (5.8

Energy Monitor 127

Energy Monitor Business Energy Monitoring Building Energy Monitoring Power grid 127

Smart Energy International

NOVEMBER 17, 2023

Norwegian investment in Indian transmission The Norwegian Climate Investment Fund, managed by government-owned Norfund and KLP, Norway’s largest pension company, is investing approximately $9 million for a 49% stake in the Koppal Transmission Scheme. ReNew has won three transmission projects in Karnataka to date.

Energy 118

Energy Energy North America Europe 118

Clean Energy Canada

AUGUST 8, 2023

VICTORIA—Evan Pivnick, clean energy program manager at Clean Energy Canada, made the following statement in response to the federal government’s new vision paper, Powering Canada Forward : “Clean power will be the backbone of the 21st century economy.

Electricity 96

Electricity Power grid Government Investment 96

Smart Energy International

DECEMBER 27, 2023

The year 2023 has reaffirmed the position of electric and gas utilities as the epicentre of the energy transition. Transmission infrastructure needs If there is one key priority that 2023 has highlighted it is that, globally, the power grid requires colossal investment and attention to keep pace with decarbonisation targets.

Power grid 105

Power grid Resilience Demand Energy 105

Smart Energy International

NOVEMBER 3, 2023

Also on the radar is the launch of AI software company Rhizome, a climate resilience planning platform for the power grid. The company, known for its energy market simulation software, is calling the acquisition a move to scale up and improve its platform in support of grid reliability and the energy transition.

Energy 64

Energy Energy Resilience Power grid 64

Business Green

JUNE 30, 2022

Five-year plan aims to frontload investment in boosting grid capacity and resilience while paving way for huge influx in renewable power sources.

Investment 36

Investment Fossil fuels Power grid Resilience 36

Smart Energy International

JANUARY 22, 2024

Acknowledging that the world at the end of 2023 is an increasingly challenging one, Eric Dresselhuys of ESS Inc. The year 2023 was a record-setting year for investment and growth in clean energy, with the International Energy Agency projecting over 500GW of new renewable capacity to come online by year-end globally.

Energy 106

Energy Energy COP Policy 106

Smart Energy International

SEPTEMBER 29, 2023

This week’s Smart Energy Finances looks at an investment round for Neara, an Australian company that has developed a platform that uses AI to help utilities design networks, enhance wildfire and vegetation management programmes and bring renewable projects online faster. million) for Shanghai Electric Energy Storage Technology.

Business Energy Monitoring 69

Business Energy Monitoring Energy Monitor Building Energy Monitoring Resilience 69

Renewable Energy World

JULY 21, 2021

The portfolio comprises 24 projects in the development stage, will be located in the Mid-Atlantic, Midwest and Western United States and are planned for commercial operation beginning in 2023.

North America 109

North America Power grid Resilience Hydrogen 109

Smart Energy International

MARCH 8, 2024

Utilities have increasingly recognised the increasing urgency of consumption management on the power grid as a high priority. However, says Garret Fitzgerald of the Smart Electric Power Alliance (SEPA), although its importance is clear, this clarity is a recent phenomenon. If they come, we’ll manage it.’”

Energy 105

Energy Energy Investment Smart Cities 105

Smart Energy International

OCTOBER 27, 2023

The investment also marks the establishment of a strategic partnership with Powin, which maintains a significant ownership stake in eks Energy. Their platform provides an integral service that connects hard-to-electrify use-cases with innovative suppliers, reducing reliance on fossil fuels and improving overall grid stability.”

Energy Monitor 119

Energy Monitor Business Energy Monitoring Solar Energy Monitor Energy 119

Smart Energy International

DECEMBER 4, 2023

With upgrading and modernising the power grid system gaining increased importance and recognition as a non-negotiable for net zero, the question abounds: do we know what the future grid system will look like? According to executives from across the energy sector, we don’t.

Power grid 52

Power grid Europe Retail Energy 52

GreenTechMedia

OCTOBER 13, 2020

But solar will set a succession of annual deployment records from 2023. Cheap finance and maturing technology mean solar will be cheaper than both new coal or gas power plants from now onward. Power grids remain the weak link. Grid operators in China, the U.S. Grid operators in China, the U.S.

Global warming 130

Global warming Hydropower Fossil fuels Investment 130

Smart Energy International

FEBRUARY 16, 2024

In this debut of the Power Playbook, our spotlight on the finance and investment side of the energy transition, Yusuf Latief investigates how Vehicle-to-grid (V2G) tech is becoming a burgeoning market space ripe with investment opportunities.

Energy Monitor 98

Energy Monitor Building Energy Monitoring Business Energy Monitoring Home Energy Monitoring 98

Smart Energy International

OCTOBER 13, 2023

According to the startup, with the popularity and commissioning of renewable energy rising globally, the role of energy storage and flexible demand will be crucial, necessitating the balance of consumption and production of electricity to ensure grid stability. subsidiary, Essent, also based in the Netherlands. A subsidiary of E.ON

Energy 119

Energy Energy Startups Hydrogen 119

GreenTechMedia

JUNE 25, 2020

The US offshore wind sector will effectively launch in 2023, when the 800 megawatt Vineyard Wind project comes online to supply Massachusetts customers, along with about 260 megawatts of smaller projects supplying New York, Maryland, and Maine. Vineyard Wind and Revolution Wind shocked with levelized 2019$ prices in the $65-80/MWh range.

Technology 246

Technology Power grid Wind power Politics 246

Smart Energy International

JANUARY 4, 2024

Mulilo, a South African independent power producer majority owned by Danish investment firm Copenhagen Infrastructure Partners (CIP) and EDF will partner on the three projects. A total of five projects were awarded under South Africa’s first Battery Energy Storage Procurement Programme by the Department of Mineral Resources and Energy.

Batteries 52

Batteries Africa Power grid Electricity 52

Smart Energy International

JANUARY 18, 2023

Regional grid operators Alliander, Stedin and Enexis are collaborating with Dutch-German TSO TenneT in the Netherland on the Open Innovation Programme, which seeks to develop solutions to help combat grid congestion and optimise use of the electricity grid.

Innovation 52

Innovation Power grid Demand Investment 52

Smart Energy International

OCTOBER 20, 2023

ubitricity, a UK-based EV charge point operator with a network of more than 7,000 public charge points, is partnering with UK Power Networks (UKPN), the UK’s largest electricity distribution network, to shift charging demand away from periods of peak demand on the power grid.

Energy Monitor 59

Energy Monitor Home Energy Monitoring Fossil fuels Demand 59

Smart Energy International

OCTOBER 7, 2022

billion, subject to customary closing conditions, including, among other things, expiration or early termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended and approvals by the Committee on Foreign Investment in the United States and the Federal Energy Regulatory Commission.

Energy Monitor 98

Energy Monitor Business Energy Monitoring Building Energy Monitoring Demand 98