Corporate Funding for Energy Storage Companies Up 55% with $26.4 Billion in 2022
Energy Storage, Smart Grid, and Energy Efficiency received $31.7 billion in corporate funding
January 16, 2023
/ Storage
Follow Mercom India on WhatsApp for exclusive updates on clean energy news and insights
Total corporate funding (including venture capital funding, public market, and debt financing) for the energy storage, smart grid, and energy efficiency sectors in 2022 was up 63% with $31.7 billion compared to $19.5 billion in 2021.
