Corporate Funding for Energy Storage Firms Up 69% YoY to $22 Billion in 9M 2022
VC funding for energy storage, smart grid, and energy efficiency companies up by 14% to $2.8 billion
October 18, 2022
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Global corporate funding for energy storage, smart grid, and energy efficiency companies in the first nine months (9M) of 2022 increased to $25 billion compared to $15.1 billion raised in 9M 2021, a 66% increase year-over-year (YoY), according to Mercom’s 9M and Q3 2022 Funding and M&A Report for Storage, Grid, and Efficiency.