Funding for Battery Storage and Smart Grid Market up 112% Compared to 2019
(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 sto...
Source: environmentalleader.com