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Smart Energy Finances: Series B funding for AI-powered grid analytics

Smart Energy International

Series B for AI-powered grid analytics Amperon Holdings has secured $20 million in Series B funding led by Energize Capital, to unlock more value from grid data and advance electricity forecasting. Great Power’s battery cells have been extensively evaluated and are being thoroughly validated.

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Lessons from inside the heat dome about the future of the electric grid

GreenBiz

Even without extreme weather events, the power grid needs love. The grid was largely built in the 1950s and 1960s with a 35- to 80-year life expectancy , meaning much of it should have been retired and replaced by now. Here are three priorities to ensure the grid is resilient as the climate gets chaotic. .

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Clean energy technology supply chains must get better, faster, cleaner, says report

Envirotec Magazine

Rapidly scaling sustainable, diversified, and resilient clean energy supply chains is key to achieving net-zero targets on-time and at as low a cost as possible, according to the ETC. offshore wind transport vessels or grid transformers) that are costly and have long lead times. to drive market certainty and investment decisions.

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Challenges Remain in Understanding Energy Storage as an Investment

GreenTechMedia

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.

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Michigan’s Grid Is Not as Resilient as It Could Be. Energy Storage Can Help

GreenTechMedia

Utility-scale battery storage capacity has soared over the past 10 or so years, from almost nothing before 2010 to nearly 1,000 megawatts today, driven in large part by lithium-ion battery storage, as the price of lithium-ion batteries has fallen 85 percent since 2010. Gretchen Whitmer and the MPSC of the MI Power Grid initiative.

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The clean energy transition is just getting started with much more to come in 2024

Smart Energy International

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. Fortunately, an economy powered by renewable energy is potentially much more secure and resilient than one reliant upon fossil fuels.

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BESS powers up to 130,000 Texan homes and bolsters grid reliability

Smart Energy International

Have you read: Trina Storage launches grid-scale BESS Consumers Energy invests $100m into Michigan power grid reliability Why a diversity of storage solutions will achieve renewable energy security. These facilities represent a nearly $1 billion capital investment by the company within the Texas ERCOT market.