Corporate funding in energy storage drops 55% to USD 7 billion in Jan-Jun 2023: Mercom Capital
Total corporate funding in energy storage globally fell 55 per cent to USD 7.1 billion during the January-June period or first half of 2023, according to Mercom Capital.
The report comes at a time when various governments across the globe are aiming to increase storage of renewable energy as part of their green initiatives to meet their net zero goals. Image Courtesy: Reuters.