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21,000,000 PRIME Alliance Technology Smart Meters Installed (Int'l)
PRIME Alliance
Date: 2019-09-20
In Brussels, the PoweRline Intelligent Metering Evolution Alliance (PRIME) reports more than 40 participants from over 20 utilities and integrators and certification entities -- CEZ Distribuce, EDP Distribuicao, E-Redes, Iberdrola and others -- attended its fifth annual Utility to Utility User Group Conference in Munich. The conference highlighted the deployment of 21,000,000 smart meters with PRIME Technology worldwide.

Attending utilities received further clarification on how approximately 80 products have been PRIME certified by laboratory members, such as DNV-GL and Tecnalia.

PRIME represents a public, open and non-proprietary telecommunications architecture which supports present and future AMM functionalities and enables the building of the electricity networks of the future, or smart grids.

PRIME aims to establish a complete set of international standards which will allow for full interoperability among equipment and systems from different providers. Thus, competition in the metering market will benefit utilities and its customers.

The components of PRIME architecture (modulation and coding techniques, protocols, data formats etc.) are not subject to any Intellectual Property Rights. Specifications are comprehensive and detailed enough so that any new entrant will be able to provide interoperable solutions to the market, according to the PRIME website. (Source: PRIME Alliance, PR, 19 Sept., 2019) Contact: PRIME Alliance,,

More Low-Carbon Energy News PRIME Alliance,  Smart Meter,  Energy Management,  Energy Efficiency,  

NMSU Granted $5Mn for Phase II Smart Grid R&D (R&D, Funding)
National Science Foundation,New Mexico State University
Date: 2019-09-18
The National Science Foundation (NFS) reports its Center for Research Excellence in Science and Technology (CREST) has awarded New Mexico State University (NMSU)in Las Cruces a second $5 million grant to fund Phase II of the school's collaborative smart grid research.

The research is aimed at strengthening and improving the efficiency, effectiveness and sustainability of the electric energy grid by addressing infrastructure challenges, security issues and working to create a highly trained and flexible workforce to support the future of the industry. (Source: New Mexico State University, PR, 16 Sept., 2019) Contact: NMSU, Prof. Enrico Pontelli, Principal Investigator, Computer Science, (575) 646-6239; (575) 646-1002 - fax,,; NSF Public Affairs, (703) 292-8070,

More Low-Carbon Energy News National Science Foundation,  New Mexico State University,  Smart Grid,  Energy Efficiency,  

Portland GE Pilot Addresses Energy Consumption (Ind. Report)
Portland General Electric
Date: 2019-07-31
In Oregon, Portland General Electric (PGE) is reporting the launch of a test bed pilot program in three neighborhoods aimed at encouraging residential and business customers to be more proactive in monitoring their energy consumption and cultivating good energy use habits.

As part of the test pilot, residential customers will be given incentives for using smart-home technologies as well as rebates for shifting their energy use during off-peak times. Commercial customers, meanwhile, will have the option of enrolling in PGE's Energy Partner Smart Thermostat program, which offers free thermostats and installation to qualifying businesses. The program will also give payments for businesses participating in load-control events. Other potential energy-saving opportunities include incentives for customers using rooftop solar or smart devices such as thermostats, water heaters and electric vehicle chargers and batteries.

PGE worked the Rocky Mountain Institute and an advisory panel to develop the program. PGE will also utilize the advanced communications capabilities and distribution system upgrades in three Oregon cities: Hillsboro, Portland and Milwaukie which have remote controls and other smart grid technologies installed to increase system reliability.

The launch of the test pilot comes as PGE submitted a new integrated resource plan to the Oregon PUC for approval to add more renewable power, increase energy efficiency and partner with customers to balance energy consumption during peak demand periods. (Source: PGE, PR, Daily Energy Insider, 30 July, 2019) Contact: PGE, Maria Pope, CEO, Steve Corson, (503) 464-8444,

More Low-Carbon Energy News Portland General Electric,  Energy Consumption,  Energy Use,  Energy Efficiency,  

inteGRIDy Solutions for Energy Efficient Buildings (Ind Report)
Date: 2019-07-24
Researchers from the EU-funded inteGRIDy -- Integrated Smart GRID Cross-Functional Solutions for Optimized Synergetic Energy Distribution, Utilization Storage Technologies -- project report they've developed a cloud-based platform to reduce energy use in buildings and battery energy storage systems.

Launched in 2017, inteGRIDy is running 10 pilot schemes in 8 European countries focused on electricity demand response, enhancing the operation of the distribution grid and energy storage.

Download one of the 10 projects -- A Demonstration of an Integrated Battery Energy Storage System in Residential and Commercial Buildings -- HERE. (Source: Cordis News, July, 2019) Contact: inteGRIDy,

More Low-Carbon Energy News Energy Storage,  Building Energy Efficiency,  Energy Consumption,  

StorTera, Equilibrium Engineering Lands $2.6Mn for Energy Storage Pilot Project (Ind. Report)
Equilibrium Engineering,StorTera
Date: 2019-06-26
Edinburgh, Scotland-based energy storage specialist StorTera, together with its Kentville, Nova Scotia-headquartered partner Equilibrium Engineering, report receipt of $2.6 million Cdn (£1.6 million) to implement its pilot Alba Nova: A Smart Grid Pilot Using Advanced Battery Storage system.

The funding from the Power Forward Challenge, a joint initiative between the UK Department for Business, Energy and Industrial Strategy and Natural Resources Canada, will support the implementation of commercial and domestic battery systems with in-built artificial intelligence that can increase uptake of renewables, save money for customers and utilities, and accelerate carbon reductions by boosting the use of electric energy.

Alba Nova is run in partnership with the Nova Scotian town of Berwick and the Renewable Energy Storage Lab at Dalhousie University in Halifax. (Source: StorTera, The Scotsman, 25 June, 2019)Contact: Equilibrium Engineering, (902) 482-0811,; StorTera, +44 131 569 0727,

Eni Pilot Explores Wave Energy in the Adriatic (Int'l Report)
Date: 2019-03-29
Rome-headquartered, state-owned Italian oil and gas major Eni New Energy SpA reports the installation of a unit that can produce energy from sea waves in a pilot program that could be spread to offshore oil platforms being phased out.

The pilot plant, which was installed about 90 miles south of Venice along the Adriatic Sea, has a "peak power output of 51 kW" and has been integrated into "the world's only hybrid smart grid wave energy system featuring photovoltaics and energy storage," according to a company statement.

According to the Bureau of Ocean Energy Management (BOEM} the U.S. wave energy resource potential along the outer continental shelf stands at 2,640 TWh per year, of which 1,170 TWh/yr are recoverable -- 1 TWh/yr of energy will supply around 93,850 average U.S. homes with power annually. (Source: Eni New Energy SpA, World News, 28 Mar., 2019)Contact: Eni New Energy SpA, +39 06 598 21, +39 06 598 22141 - fax,

More Low-Carbon Energy News Eni,  Wave Energy,  

Alabama Power Touts Smart Neighborhood Build Prog. (Ind. Report)
Alabama Power
Date: 2018-11-12
Building on the success of its first Smart Neighborhood program, Alabama Power reports it has developed a home building program to partner with home-builders on smart neighborhoods across the state.

The Smart Neighborhood Builder Program promotes energy efficiency through collaboration with home-builders to build energy-efficient homes that feature advanced energy products and home automation.

Smart Community Neighborhood homes feature: enhanced energy-efficiency measures and smart home technologies such as voice-activated security, smart locks, lights, cameras and garage door control; Smart homes also will feature: Google Home smart speakers; Nest Learning thermostats; advanced energy-efficient building features such as improved insulation, high-efficiency heat pump and water heater and Energy Star appliances.

For the project, Alabama Power representatives will serve as technical experts, supporting builders on program standards and energy-efficient technologies.

Participating homebuilders include Holland Homes, Harris Doyle Homes and Curtis White Companies. (Source: Alabama Power, Smart Grid Observer, 9 Nov., 2018) Contact: Alabama Power, Greg Barker, Exec. VP Customer Services,

More Low-Carbon Energy News Smart Building,  Alabama Power,  Energy Efficiency,  

Florida Future Fund Proposed to Build Climate Change Resiliency (Ind. Report Attached)
Center for American Progress
Date: 2018-09-07
Infrastructure and Communities for a Changing Climate, a new report from the Center for American Progress and the Pinecrest, Florida-based CLEO Institute suggests the creation of a private and public-funded "Florida Future Fund" to support infrastructure upgrades and flood protections that would make communities more resilient to climate change threats.

The Florida Future Fund would provide low-interest or interest-free loans and loan guarantees to projects, including investments in parks, the urban tree canopy, clean energy, and smart grids. It would also support energy efficiency upgrades, expand local and regional transportation access, upgrade public transportation systems, and more. Successful implementation of such a fund in Florida could provide a blueprint to other states searching for ways to build resilience to climate change.

Download the Florida Future Fund Report HERE. (Source: Center for American Progress, 5 Sept., 2018) Contact: Center for American Progress, Tom Caiazza, (202)-481-7141,,; CLEO Institute, (305) 284-0908,

More Low-Carbon Energy News CLEO Institute,  Center for American Progress,  Limate Change,  

DOE Launches $2Bn Tribal Energy Loan Guarantee Program (Funding)
Date: 2018-08-10
The US Department of Energy (DOE) recently announced a USD2 billion loan guarantee program aimed at developing energy resources, products or services on Native American and Alaskan Native lands. It is the first time the DOE loan guarantee program has been extended to projects carried out by Native American and Alaskan Natives on US tribal lands.

As much as 90 pct of unpaid principal and interest on loans taken out by recognized Native American or Alaskan Native tribes to carry out projects may be guaranteed via the Tribal Energy Loan Guarantee Program. Tribal borrowers need to invest equity in projects and all project debt needs to come from non-federal lenders, according to the DOE Loan Program Office (LPO), which administers the program.

Tribal Energy loan guarantees may be awarded for fossil fuel, renewable energy or smart grid projects such as solar or wind power farms or battery-based energy storage projects.

Download TRIBAL ENERGY LOAN GUARANTEE PROGRAM details HERE. (Source: US DOE, Aug., 2018)

More Low-Carbon Energy News Renewable Energy,  Energy Loan,  Funding,  

New ASHRAE President Focused on Energy Efficiency (Ind. Report)
Date: 2018-07-27
Speaking in Houston, new ASHRAE -- American Society of Heating, Refrigerating and Air-Conditioning Engineers -- president Sheila Hayter announced that the orgaization's theme "Building Our New Energy Future" will focus on the role of buildings in the evolution of smart grids and renewable energy. "ASHRAE will play a key role in accelerating the use of innovative technologies as we move toward greater energy efficiency and healthier buildings,” Hayter noted.

While serving ASHRAE president, Hayter will continue her role as a group manager with the DOE NREL in Golden, Colorado, as well as chair of ASHRAE's board of directors and executive committee. (Source: ASHRAE, PR, July, 2018) Contact: ASHRAE, (800) 527-4723,

More Low-Carbon Energy News ASHRAE,  Energy Efficiency,  

Battery Storage VC Funding Hits $539Mn in H1, says Mercom Report (Ind. Report)
Mercom Capital Group
Date: 2018-07-25
Mercom Capital Group LLC consultancy's report on funding, mergers and acquisitions (M&A) activity for the battery storage, smart grid and energy efficiency sectors notes that venture capital (VC) funding for battery storage companies grew to $539 million in the first half of 2018, marking a 12 pct year-on-year rise. The data covers the second quarter and first half of 2018.

According to the report, corporate funding in battery storage came from 34 investors, with the top dealan $80-million Series D financing round of behind-the-meter battery startup Stem Inc. Germany's Sonnen GmbH, raised $71 million in a financing round led by Shell Ventures. Massachusetts-based materials technology company Ionic Materials raised $65 million and Durapower raises $40 million while thermal energy storage provider Ice Energy also raised $40 million.

The number of battery storage-related M&A transactions in the six months was eight, only one of which was with a disclosed value. This compares to two such deals in the first half of 2017, according to the Mercon report. (Source: Mercom Capital Group Contact: Mercom Capital Group, (512) 215-4452,,

More Low-Carbon Energy News Mercom Capital Group,  Battery,  Energy Storage ,  

KEPCO, PGCIL Seeking Indian Renewables Opportunities (Int'l)
KEPCO,Korea Power Electric Corp
Date: 2018-07-11
In Seoul, the state-run Korea Power Electric Corp. (KEPCO) reports it has inked a memorandum of cooperation with the Power Grid Corporation of India Ltd. (PGCIL) for renewable energy projects in India. The two firms agreed to collaborate for development of renewable energy technologies, including energy storage systems (ESS), smart grids and electric vehicle charging systems, to explore ways to jointly participate India's growing energy market.

The Indian renewable energy sector attracted more than $42 billion in investments over the past four years for clean technologies, including solar, wind and biomass as well as smart grids and ESS, according to Indian government data. PGCIL is an Indian state-owned electric utilities company that transmits about half of the total power generated in the nation on its transmission network. (Source: KEPCO, Yonhap, Korea BizWire, 10 July, 2018) Contact: PGCIL,; KEPCO,

More Low-Carbon Energy News Korea Power Electric,  KEPCO,  Renewable Energy,  

TerniEnergia Closes on Energy Efficiency Projects Sales (Intl, M&A)
TerniEnergia,Italeaf,Genera SpA
Date: 2018-01-10
TerniEnergia, part of the Italeaf Group, reports it has finalized the sale of two Italian energy efficiency projects to Genera SpA, a 51 pct subsidiary of Genera Group Holdings B. V. and 49 pct owned by the IKAV Investments fund, an active investor in the energy efficiency sector.

The two energy efficiency project include: an LED lighting system of about 3,800 new high performance lighting points that is expected to save more than 1.1 GWh/year on behalf of a cement factory in Sicily. The sale price was €480,000. The second project, an historic building energy efficiency renovation, includes new insulation, windows replacement, installation of an air conditioning system, a new LED lighting system, an access control system and Building Management System (BMS0, sold for &eur;1.7 million.

TerniEnergia was established in September 2005 as part of Italeaf Group, is the first Italian smart energy company committed to worldwide integrated and sustainable energy solutions. TerniEnergia, also through its subsidiaries -- Softeco Sismat, Selesoft Consulting, Greenled Industry,GreenAsm, Wisave, Ant Energy -- is active in smart grid, renewable energy, energy efficiency, distributed power generation and carbon emissions reduction projects.(Source: ITALEAF SpA, Website PR, 8 Jan., 2018) Contact: ITALEAF, Filippo Calisti CFO ,,; TerniEnergia,; Genera SpA, +39 0744 742310 - 0744 1921760, ,

More Low-Carbon Energy News TerniEnergia,  LED Light,  Smart Grid,  Energy Efficiency,  

Windy City Set for $160Mn LED Street-Light Upgrade (Ind. Report)
Date: 2018-01-08
Chicago reports it is set to become one of the largest cities in the world to switch 85 pct of its street lights and street lighting infrastructure to energy and cost saving LEDs over the next four years. The plan will see 270,000 high pressure sodium lights switched to significantly more energy efficient and longer lasting LED lights at an estimated to cost $160 million. The project is expected to begin delivering a return on investment within 2 years. The roll out will also include a smart grid that indicates when a light is not working, so that residents no longer have to report faults. (Source: City of Chicago, BusinessGreen, 8 Jan., 2018)

More Low-Carbon Energy News LED Light news,  Street Light news,  Energy Efficient Lighting news,  

GEF Funding EESL's $454Mn Energy Efficiency Programme (Int'l)
Global Environment Facility, Energy Efficiency Services Limited
Date: 2017-11-06
The Global Environment Facility (GEF) is reporting $454 million in funding to India's Energy Efficiency Services Limited (EESL) Creating and Sustaining Markets for Energy Efficiency project. The project funding is comprised of a $20 million grant and co-financing of $434 million in the form of loans and equity, including a $200 million loan from the Asian Development Bank (ADB). EESL further proposes to build an `Energy Efficiency Revolving Fund' (EERF) for sustainable funding mechanism of energy efficiency projects in the country.

The EERF mechanism will support the 'proof of concept' investments for the new technologies of super-efficient ceiling fans, tri-generation technologies and smart grid-applications and ultimately scaling up energy efficiency financing and programme development to help cover initial investment costs of identified energy efficiency programmes like street lighting, domestic lighting, five-star rated ceiling fans and agricultural pumps.

The GEF project further brings together many technical and financing partners including United Nations Environment (UN Environment), Asian Development Bank (ADB) and Kreditanstalt fur Wiederaufbau (KfW). GEF is an international partnership of 183 countries, international institutions, civil society organizations and the private sector that addresses global environmental issues. (Source: GEF, domain-b, 2 Nov., 2017) Contact: Energy Efficiency Services Limited,; Global Environment Facility,

More Low-Carbon Energy News GEF ,  Energy Efficiency Services Limited ,  

The Clean Growth Strategy -- Leading the way to a Low Carbon Future -- U.K.'s Clean Energy Strategy Attached (Int'l Report)
Climate Change,Low-Carbon Energy
Date: 2017-10-18
In LOndon, the UK government's just-published Clean Energy Strategy which supposedly leads the way to the low-carbon future that the 2008 Climate Change Act calls for, is being widely criticized as the "same old, shop-worn green remedies -- smart meters, smart grids, EVs, hydrogen, bioenergy, carbon capture and storage, etc. -- dressed up as new solutions at an estimated cost of £20 billion over the next few years.

Down load The Clean Growth Strategy -- Leading the way to a Low Carbon Future HERE. (Source: UK Gov., Seeking Alpha, Various Other Media, 16 Oct., 2017)

More Low-Carbon Energy News Low-Carbon Energy,  Climate Change,  Carbon Emissions,  

Finland, Uttar Pradesh Explore Smart City, Solar Power Projects Partnership (Int'l)
Clean Energy
Date: 2017-10-09
In Lucknow, India, the government of Uttar Pradesh reports it is in talks with a group of 23 Finnish companies regrading the development of renewable energy, biofuel, electric vehicles, smart grid and smart cities technologies and projects. The Uttar Pradesh government is aims to build partnerships to work on smart city and solar energy projects in the state.

According to Kimmo Tiilikainen, the Finnish Minister for Environment and Energy , Finland's technology can be used for biomass projects, energy saving projects, management and related clean energy projects. (Source: Finnish Minister for Environment and Energy, Twitter, News18 India, 3 Oct., 2017) Contact: Finnish Minister for Environment and Energy.

More Low-Carbon Energy News Smart Cities,  Solar,  Clean Energy,  

STORNETIC Flywheel Energy Storage System Delivered to EDF (Int'l)
Date: 2017-09-13
Julich, Germany-headquartered flywheel energy storage specialist STORNETIC reports it has delivered its DuraStor® Flywheel Energy Storage system to the EDF Concept Grid site near Paris where it will be used in an advanced smart grid project. The project will assess the DuraStor® flywheel energy storage technology in a modern grid environment and special customer requirements.

The STORNETIC DuraStor® flywheel is purely mechanical and designed for a very high number of charging cycles. Applications include Grid Services, Micro Grids and Island Grids, Hybrid-Systems (e.g. in combination with thermal power stations or batteries), breaking energy of rail vehicles, wind energy, and others. (Source: Stornetic, PR, Facebook, 12 Sept,. 2017) Contact: STORNETC, +49 24 61 65-7100,,

More Low-Carbon Energy News EDF,  Stornetic,  Flywheel,  Energy Storage,  

Battery Storage, Energy Efficiency Companies Raise $1Bn January - June, 2017 (Ind. Report)
Mercom Capital Group
Date: 2017-07-26
The global clean energy communications and consulting firm Mercom Capital Group reports that global battery storage, smart grid, and energy efficiency companies raised more than $1 billion in venture capital (VC) funding during the January-June period of this year. In the corresponding period of 2016, $ 807 million was raised.

In January-June 2017, smart grid companies raised $304 million while VC funding into energy efficiency technology companies totaled $242 million in 20 deals. On a quarter on quarter basis, VC funding for battery storage companies jumped to $422 million in 10 deals in April-June this year compared to $58 million in eight deals in January-March 2017. VC funding into energy efficiency technology companies fell significantly to $29 million in Q2 2017 compared to the $213 million in in Q1 2017, the report said. (Source: Mercom Capital Group, PTI, Financial Express, Others, 25 Jan., 2017) Contact: Mercon Capital Group, (512) 215-4452,,

More Low-Carbon Energy News Mercom Capital Group,  Energy Efficiency,  Battery,  Energy Storage,  SmartGrid,  

NY Passes Energy Storage Legislation (Reg & Leg)
Energy Storage
Date: 2017-06-26
In Albany, a bipartisan coalition of Empire State legislators have unanimously passed NY Senate Bill 5190 and Assembly Bill 6571 to establish an Energy Storage Deployment Program for New York State.

The legislation directs the Public Service Commission to develop an energy storage deployment program and a storage procurement target for 2030. The legislation aims to ensure that energy storage is among the options that New York regulators and utilities use to increase grid resiliency and integrate more renewable and distributed resources into the grid. (Source: Various Media, Smart Grid Observer, 23 June, 2017)

More Low-Carbon Energy News Energy Storage,  

HiVE Touts Renewables Energy Storage System (Ind. Report)
HiVE Energy Systems
Date: 2017-06-19
In the Aloha State, Maui-based HiVE Energy Systems reports it has developed a fully integrated energy storage system designed to store one full day of energy needs. Combined with a rooftop photovoltaic system, the HiVE system enables customers to eliminate the resident's monthly utility bills.

HiVE is an integrated, high performance energy storage solution designed from the ground up to work with any conventional solar system. HiVE's adaptive technology can be scaled for a wide range of residential, industrial, smart grid, and military applications, big or small. Partnering with SunBurst Finance and HNU Energy, HiVE's solar-integrated battery/financing leasing package provides solar installation, battery integration and system management and can be tailored to fit existing solar systems, according to a HiVE release. (Source: HiVE Energy System, Pacific Bus. News, 16 June, 2017) Contact: HiVE Energy Systems,

More Low-Carbon Energy News Energy Storage,  Solar,  

Schneider Electric to Help USMC Base Reach Net-Zero Energy Resiliency (Ind. Report)
Schneider Electric
Date: 2017-03-15
Andover, Mass.-based energy management and efficiency specialist Schneider Electric reports receipt of a contract from Exelon Corp. subsidiary Constellation to support the development of smart controls as part of an energy savings performance contract at the U.S. Marine Corps Logistics Base (MCLB) in Albany, Georgia.

Schneider supplied controls will be used to cut energy consumption, increase energy security and meet energy demand from renewable sources. These controls will manage the base's distributed energy resources (DER) as well as optimize energy efficiency and "Net-Zero" resiliency. Schneider Electric will also provide cybersecurity, ongoing system maintenance and energy optimization services. Other Schneider services will enable remote monitoring, visualization and reporting of energy loads,with the flexibility of generation control to achieve "Net-Zero" energy consumption. (Source: Schneider Electric, PR, 14 Mar., 2017) Contact: Schneider Electric, Mark Feasel, VP, Electric Utility Segment, Smart Grid & Microgrid ,,; Constellation,

More Low-Carbon Energy News Schneider Electric ,  Energy Efficiency,  Net-Zero,  

Utilidata Technology to Deliver Energy Savings to AEP Ohio Customers (Ind. Report)
Utilidata,American Electric Power
Date: 2017-03-06
Providence, R.I.-headquartered energy security and efficiency software specialist Utilidata, Inc. is reporting a new project that will delivery energy savings to American Electric Power (AEP) customers in Ohio through Utilidata's patented optimization technology that captures real-time, apparently random signals from the electric grid.

As part of AEP Ohio's efforts to expand its use of smart grid technology, the company will deploy Utilidata's AdaptiVolt™ technology on 160 circuit of the electric system throughout Ohio. The technology leverages real-time information from the distribution grid to optimize the delivery of electric power and save energy as electricity travels from substations through the electric distribution system.

The AdaptiVolt™ technology is expected to save AEP Ohio customers 235,390 MWh annually -- the equivalent of $210 million in overall bill savings over 15 years. In addition to its work with AEP, Utilidata has partnered with major utilities across the country, including National Grid, Pacific Gas & Electric, Ameren Illinois, and Vectren. (Source: Utildata, 2 Mar., 2017) Contact: Utilidata, Josh Brumberger, CCO, (401) 383-5800,,; American Electric Power Ohio,

More Low-Carbon Energy News Utilidata,  American Electric Power,  Energy Software,  

Mercon Capital Tracks 2016 Energy Efficiency VC Funding (Funding)
Mercom Capital Group
Date: 2017-01-27
Austin, texas-headquartered Mercom Capital Group LLC, a global clean energy research and communications firm, reports the release of its report on funding, mergers and acquisitions (M&A) activity for the Smart Grid, Battery Storage and Energy Efficiency sectors for 2016.

In the energy efficiency sector, the report found that VC funding fell sharply, bringing in $528 million in 33 deals compared to $852 million in 67 deals in 2015. Total corporate funding, including debt and public market financing, was $3.8 billion, compared to $2 billion in 2015.

The top VC funded companies were Ygrene Energy Fund, which raised $95 million, followed by Renew Financial with $70 million, ecobee with $35 million, and UrbanVolt brought in $32.9 million.

Efficiency Finance companies captured the most funding with $256 million in 7 deals. A total of 72 investors participated in funding deals compared to 129 investors in 2015.

Energy Efficiency companies raised nearly $3.2 billion in debt and public market financing. Financing in Energy Efficiency is also moving toward project funding. Property Assessed Clean Energy (PACE) financing totaled $2.3 billion in 12 deals in 2016 compared to $1.1 billion in seven deals in 2015. (Source: Mercom Capital Group, Jan., 2017) Contact: Mercon Capital Group, (512) 215-4452,,

More Low-Carbon Energy News Mercom Capital Group,  Energy Efficiency ,  

HECO Planning for 100 pct Renewable Energy by 2050 (Ind. Report)
Date: 2017-01-16
In the Aloha State, The Hawiian Electric Company's (HECO) Power Supply Improvement Plan is calling for an additional 360 MW of utility scale solar power, 157 MW of wind and 115MW from advanced smart grid technology by 2045. The utility expects that renewable energy will account for 72 pct of the state's total power by 2030 and 100 pct 2050.

The new power plan estimates renewable energy will account for 72 pct of the total by 2030. The estimates expect Molokai could reach 100 pct renewables by 2020. Hawaii Island would reach 80%, Maui 63 pct, and Oahu 40 pct by the same year, thanks to expanded use of solar, wind, biofuels and storage. (Source: HECO, SolarLove, Others, 11 Jan., 2017) Contact: HECO, Shelee Kimura, VP Bus. Dev., (808) 543-7780,,,

More Low-Carbon Energy News HECO,  Renewable Energy,  Wind,  Solar,  Hawaii ,  

Highview Power Storage Joins NYU Urban Future Lab (Ind. Report)
Highview Power Storage
Date: 2017-01-16
London, UK-headquartered energy storage specialist Highview Power Storage, a developer of large-scale energy storage solutions utilizing low-temperature (Cyrogenic) liquids, reports it will enter ACRE, NYC's business incubator for smart cities, smart grid, and clean energy at the Urban Future Lab (UFL) located at the New York University Tandon School of Engineering.

The Future Labs are the first public-private partnership with New York City tasked with creating a sustainable incubation program focusing on increasing the success rate of new ventures and generating economic impact.

Highview Power Storage utilizes the basic principles of Liquid Air Energy Storage (LAES) that draws from established processes from the turbo-machinery, power generation and industrial gas sectors. (Source: Highview Power, PR, Investor Ideas, 12 Jan., 2017) Contact: Highview Power, +44 20 7872 5800,

More Low-Carbon Energy News Energy Storage,  

Joyce Foundation Announces Energy Efficiency Grants (Funding)
Joyce Foundation
Date: 2016-12-16
The Chicago-headquartered Joyce Foundation reports it has awarded more than $10 million in grants to support organizations advocating clean energy and energy efficiency policies in the Great Lakes region.

Energy efficiencwill receive $300,000 over 2 years for work on Minnesota energy efficiency and carbon pollution policy; The Environmental Defense Fund, Inc. of New York will receive $700,000 over 2 years to advance energy efficiency, smart grid, and related clean energy policies in Illinois and Ohio; the Illinois Environmental Council Education Fund will receive $180,000 over 2 years to continue energy efficiency and carbon pollution reduction education and organizing efforts.

The Joyce Foundation works with grantee partners to develop and advance evidence-based policy solutions to improve quality of life, promote community vitality and strive for a fair society. The Foundation focuses much of its grant making on the Great Lakes region, and also partners with public agencies, advocates and other funders nationwide. (Source: The Joyce Foundation, PR, 13 Dec., 2016 Contact: The Joyce Foundation , Lilly Athamanah, (312) 782-2464,,

More Low-Carbon Energy News Energy Efficiency,  Energy Efficiency Funding,  

EU, EBRD Increase Green, Energy Efficiency Cooperation (Int'l)
Date: 2016-12-12
In London, the European Bank for Reconstruction and Development (EBRD) and EU are reporting a new Memorandum of Understanding to enhance energy cooperation between the EU and the EBRD.

The MoU aims broaden the existing cooperation and funding for energy efficiency, smart grid, renewable energy and similar EU projects and initiatives. It will also enhance Europe's energy security by further promoting the interconnectivity of EU energy systems and decommissioning of nuclear power plants. It will extend cooperation to related areas like regulatory and financing criteria issues. Until now, cooperation focused mainly on energy security, energy efficiency and nuclear decommissioning.

Since 2006, the has contributed over €290 million in support of the EBRD's green ventures which have surpassed €20 billion over the same time frame. (Source: EU, EBRD, , mondovisione, Dec. 8, 2016 Contact: EBRD, +44 (0) 207 338 6000,

More Low-Carbon Energy News EU,  EBRD,  Energy Efficiency,  Energy Conservation,  

Vanadium Joins Energy Storage Canada (Ind. Report)
Vanadium Corp Resource Inc., Energy Storage Canada
Date: 2016-11-23
Vanadium redox flow battery (VRB, VRFB) developer Vanadium Corp Resource Inc. reports it has joined the Canadian energy storage industry association Energy Storage Canada (ESC), subgroup of the Corporate Partners Committee under the Smart Grid Forum.

The ESC aims to advance the energy storage industry in Canada through collaboration, education, policy advocacy and research. The organization takes an unbiased view towards technology and works with other energy storage alliances and associations to push the industry forward.

Since 1984, VRFB technology has evolved parallel to lithium and has increased in energy density for grid-scale and other applications such as electric vehicles (EVs).

(Source: Vanadium Corp Resource Inc., PR, CNV, 21 Nov., 2016) Contact: Vanadium Corp., Adriaan Bakker, CEO, Pres., (604) 385-4485,; National Research Council of Canada.; Energy Storage Canada,

More Low-Carbon Energy News Vanadium Corp.,  Battery,  Energy Storage,  Energy Storage Canada,  vanadium redox flow battery ,  

KEPCO Building "Smart" Campus at Montgomery College (Ind. Report)
Date: 2016-11-21
South Korean state-run Korea Electric Power Corp. (KEPCO) reports it will supply its smart grid system to a $3.3 million, six building "smart campus" project at Montgomery College in Maryland . Montgomery College will invest $1.5 million in the project while KEPCO and another Korean energy company LS Industrial Systems Co. will add $800,000 and $1 million, respectively.

LS Industrial Systems will install a solar energy generation system and energy storage systems that will supply the power across the campus while KEPCO establishes a building energy management system (BEMS) in six campus buildings. The energy savings generated by the project will be divided among Montgomery College, KEPCO and LS Industrial System according to their stakes. The project is expected to cut the school's energy consumption smart campus system would reduce the school’s annual energy consumption by 15 to 20 pct. (Source: KEPCO, Maell Business News Korea, 21 Nov., 2016)Contact: KEPCO,

More Low-Carbon Energy News KEPCO,  Energy Efficiency,  

ENGIE Invests in Energy Software Specialist (Funding)
ENGIE,Opus One Solutions
Date: 2016-11-07
Global energy solutions and services provider ENGIE is reporting a strategic investment in Toronto-headquartered energy software specialist Opus One Solutions -- a smart grid software engineering company enabling the transition to a Connected Energy Internet. The investment will expand Opus One's European and global markets and support development of the company's applications for real-time visibility and management of utility distribution grids.

Opus One Solutions recently received an investment from Energy Impact Partners, a utility-backed fund representing seven of North America's largest utilities, as well as project awards with five U.S. and Canadian utilities. Two of these projects include the demonstration of transactive energy functionality in which Opus One's platform will create markets, tariffs and operational systems that will allow resource providers to monetize products and services, while the utility becomes the purchaser and aggregator of DERs, allowing the customer to have a greater role in how they use energy. (Source: ENGIE, PR, 2 Nov., 2016) Contact: Opus One Solutions, Joshua Wong, CEO, (905) 707-0773,,; ENGIE,

More Low-Carbon Energy News Energy Efficiency,  Smart Grid,  Energy Software,  Opus One Solutions,  ENGIE,  

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