In an open letter to the European Council, energy industry representatives have criticized EU legislation, which only considers cookies from websites and apps, but neglects the energy industry. Smart energy management businesses could run into serious complications if the EU prevents them from processing data from EV, gensets, and batteries, they argue.
GE Power Grid Solutions has presented a new white paper detailing the opportunities and challenges of smart grid applications in Sub-Saharan Africa. The report says that updating the centrally designed grid to expand and improve resilience may not be the most economical way to ensure energy access to the households in the region.
In 2017, battery storage, smart grid and energy efficiency companies saw a YoY increase in venture capital funding, garnering a combined US$1.5 billion, up from the $1.3 billion raised in 2016, finds the latest Mercom Capital report.
A smart-grid project combining PV generation and battery storage has been unveiled in Haiti. The project is the result of collaboration between the Biohaus Foundation and relief organization NPH Germany. The project will substantially reduce the nation’s reliance on diesel generators.
Zurich based startup Adaptricity, which grew out of leading university the Swiss Federal Institute of Technology (ETH Zurich) is preparing to launch a software system which can simulate and analyze regional electrical grids, potentially a valuable tool for investors and grid operators.
The smart grid project is expected to boost to the use of renewable energy in the region, and to enable smaller power producers participate in the market.
Battery storage, smart grid and energy efficiency sectors experienced YoY increase in venture capital funding in Q1 2017, finds the latest report by Mercom Capital Group. QoQ increase reported in all but battery storage.
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