Are startups in a position to transform markets?

Interview with MVP partners

Walter Grassl and Martin Kröner

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How do markets develop, when can a start-up participate in them – and how does it get there? WirtschaftsWoche kicks off a new column on investor insights with an interview with MVP Partners Martin Kröner and Walter Grassl (German only).

Click here to read the full interview


Electrochaea: start of the first scalable biomethanisation plant in the USA

SoCalGas and Electrochaea announce commissioning

of new biomethanation reactor system

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Southern California Gas Co. (SoCalGas) and Electrochaea today announced the commissioning of the nation’s first scalable biomethanation reactor system at the U.S. Department of Energy’s National Renewable Energy Laboratory (NREL) Energy System Integration Facility in Golden, Colo.  The technology uses renewable electricity to convert hydrogen into pipeline quality methane for use in homes, businesses and in transportation.  Over the next 24 months, the project will assess the commercial viability of this power-to-gas approach to energy storage and decarbonization and provide insights into potential mega-watt scale system designs.
The project in Colorado builds upon and advances research previously conducted by Electrochaea. The reactor system operates at a 50 to 60 percent efficiency.  For every 10 kilowatts-hour of power received by the water electrolysis model, the equivalent of 5 to 6 kilowatts-hour of methane is created by the microbes.

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Storengy invests in Electrochaea

Storengy pioneers power-to-gas market

with investment in Electrochaea

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Becoming a shareholder of Electrochaea GmbH, the leading provider of power-to-gas technology based on biological methanation located in Munich, Germany, STORENGY is positioning itself on an emerging market, bringing together its operator and integrator skills and an innovative technology already efficient.
Electrochaea’s existing investors (MVP, KfW, btov, Caliza, and Focus First) were excited to invest along with Storengy in this financing round.
Simultaneously with the investment, Storengy and Electrochaea are planning to roll out commercial projects in the North American and European markets. With a strong pipeline of projects, Storengy and Electrochaea want to be a leading provider of Power-to-Gas worldwide.

Click here to read the full press release


Shell acquires battery start-up sonnen

Shell agrees to acquire sonnen, expanding its offering

of residential smart energy storage and energy services

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Shell New Energy has agreed to acquire 100% of sonnen, a leader in smart energy storage systems and innovative energy services for households. This follows an investment by Shell in May 2018 and means that post regulatory approval and completion sonnen will become a wholly owned subsidiary of Shel

Click here to read the full press release