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Global solar corporate funding up 42% in 2023

Global solar corporate funding up 42% in 2023
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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.

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.

Energy storage venture capital funding soared to record $9 2B in 2023, Mercom reports

Global corporate funding in solar sector touches decade high of USD 34 3 bn in 2023: Mercom

Global corporate funding in solar sector touches decade high of USD 34 3 bn in 2023: Mercom
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