Sean Covert’s Post

View profile for Sean Covert, graphic

Business Development- Principal Accounts -Distributed Energy Systems/Demand Response -Senior Team Lead | Sales Leader | Green Energy | Clean Tech | Hydrogen Enthusiast

Corporate funding for energy storage saw a remarkable 117% year-on-year increase in the first half of 2024, totaling $15.4 billion across 64 deals. This surge highlights growing investor confidence in the sector, driven by advancements in battery technology and increased demand for sustainable energy solutions. Notable investments include significant contributions to lithium-ion and alternative battery technologies. This growth in funding underscores the critical role of energy storage in the global energy transition. #EnergyStorage #SustainableEnergy #CleanEnergy #RenewableEnergy #BatteryTechnology #Investment #EnergyTransition #ClimateAction #GreenEnergy #Innovation #EnergyEfficiency #CorporateFunding #FutureOfEnergy #Sustainability #EnergyMarket 4ohttps://lnkd.in/eVQgMuBE

Corporate funding for energy storage more than doubles year-on-year in first half of 2024

Corporate funding for energy storage more than doubles year-on-year in first half of 2024

https://www.energy-storage.news

Paul T.

El Tecnologico de la Influencia

3mo

Thanks for sharing🔋🤠

To view or add a comment, sign in

Explore topics