As we noted earlier this year, the U.S. federal stimulus package included $11 billion for research and development, pilot projects, and federal matching funds to modernize the electricity grid (see February 18, 2009 LRPJ). Since then, the criteria for receiving money has become more clear, with the ...
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News Commentary | March 24, 2021
National Grid announced three strategic transactions as part of its portfolio repositioning efforts. First, National Grid is buying British distribution system operator Western Power Distribution (WPD) from PPL for £7.8 ($10.8) billion. Second, National Grid is selling Narragansett Electric Company... Not part of subscription
News Commentary | November 19, 2021
Energy Impact Partners (EIP) has been actively investing in startups developing energy technologies, such as Powin Energy, GridX, and Innowatts. So far, EIP has managed $2 billion in assets and made more than 75 investments since 2015. Notably, this latest funding was raised from more than 30 ... Not part of subscription
News Commentary | March 10, 2022
Antora Energy has closed a USD 50 million Series A round co‑led by Breakthrough Energy Ventures and Lowercarbon Capital along with Shell, BHP Ventures, and others. Antora plans to use the funds to scale its high‑temperature TES system up to small commercial installations. As with other TES startups ... Not part of subscription