
Corporate funding in battery storage in 2020 was up by 136 percent compared to 2019, Mercom says Mercom found that while corporate funding rose significantly with US$6.6bn raised across 54 deals in 2020 compared with US$2.8bn in 42 deals in 2019, venture capital funding into battery storage dropped slightly, totaling. . Azelio and Jet Energy in MoU to develop storage projects with solar PV in Francophone Africa Azelio AB has signed a memorandum of. . Behind-the-meter battery pioneer Stem to take SPAC route to public markets Stem, Inc. is planning to go public via a special purpose acquisition. . Siemens signs technology deal with Britishvolt to create ‘most efficient’ UK battery gigafactory Siemens is partnering with Britishvolt on the UK’s first lithium-ion battery gigafactory in. . AES begins work on 560 MWh ‘largest battery system in Latin America’ for solar and wind in Chile The AES Corporation has begun constructing a 112 MW / 560 MWh battery energy storage system project in Chile This. [pdf]
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