Energy storage segment attracts USD 9.2 bn funding via venture capital route in 2023 Mercom
(This story has not been edited by THE WEEK and is auto-generated from a PTI
Source: theweek.in
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Energy storage segment: Energy storage segment attracts $9.2 bn funding via venture capital route in 2023: Mercom
In 2023, venture capital (VC) funding into India's energy storage sector surged by 59%, reaching a total of USD 9.2 billion. Overall investments in the segment, however, experienced a 28% decline, totaling USD 9.8 billion, including funding through debt and public market financing. The year marked the highest-ever VC/PE funding in the energy storage space, surpassing the previous year's total of USD 5.8 billion.
Source: indiatimes.com
Latest News | Energy Storage Segment Attracts USD 9.2 Bn Funding Via Venture Capital Route in 2023: Mercom
Get latest articles and stories on Latest News at LatestLY. Funding through venture capital route into India's energy storage sector has registered a 59 per cent growth while the overall investments in the segment reported a 28 per cent decline, Mercom Capital said in a report on Wednesday. Latest News | Energy Storage Segment Attracts USD 9.2 Bn Funding Via Venture Capital Route in 2023: Mercom.
Source: latestly.com