/PRNewswire/ World-leading solid-state battery (SSB) maker ProLogium Technology announced the completion of a US$326 million financing round. The investment.
Ho Chi Minh City climbed 6 percent year-on-year in the
first two months of 2021 despite a fall of 24.6 percent in February, according
to the municipal Statistics Office.
The office said the index in traditional
industries fell 9.8 percent compared to the same period last year.
Some saw a sharp plunge between January and
February, including medicine production, water drainage and wastewater
treatment, motorised vehicle production, and paper and paper product
manufacturing.
Several key industries, meanwhile, enjoyed a year-on-year
increase in their production index, such as electronics manufacturing (32.4
percent), electrical device production (28 percent), the manufacture of
products from metallic minerals (22.4 percent), chemical and chemical product
Addressing a meeting of standing Government members on March 3 in Hanoi
on a draft decision revising regulations for the settlement of debts facing
risks at VBSP and a draft resolution on financial regulations for the Vietnam
Oil and Gas Group (PetroVietnam), the PM stressed that policies on poverty
reduction, which play a major part in the Party and State’s guidelines, contributed
to bringing down the rate of poor households to 2.7 percent from over 30
percent in 2000.
The Government leader also underlined that poverty reduction is a
requirement for sustainable development, demonstrating Vietnam’s orientation
towards socialism. Appropriate amendments and supplements are therefore needed
(Credit: Pixabay)
Total corporate funding (including venture capital funding, public market, and debt financing) for the Battery Storage, Smart Grid, and Energy Efficiency sectors in 2020 was up by 112%, with $8.1 billion compared to $3.8 billion in 2019. That’s according to a new report from Mercom Capital Group.
Global VC funding (venture capital, private equity, and corporate venture capital) for Battery Storage, Smart Grid, and Efficiency companies in 2020 was 12% higher with $2.6 billion compared to $2.3 billion raised in 2019.
Battery Storage
Total corporate funding in the battery storage sector was up 136% with $6.6 billion in 54 deals in 2020. However, VC funding for Battery Storage companies totaled $1.5 billion in 32 deals compared to $1.7 billion raised in 32 deals in 2019.