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Battery Storage, Energy Efficiency Companies Raise $1Bn January - June, 2017 (Ind. Report)
Mercom Capital Group
Date: 2017-07-26
The global clean energy communications and consulting firm Mercom Capital Group reports that global battery storage, smart grid, and energy efficiency companies raised more than $1 billion in venture capital (VC) funding during the January-June period of this year. In the corresponding period of 2016, $ 807 million was raised.

In January-June 2017, smart grid companies raised $304 million while VC funding into energy efficiency technology companies totaled $242 million in 20 deals. On a quarter on quarter basis, VC funding for battery storage companies jumped to $422 million in 10 deals in April-June this year compared to $58 million in eight deals in January-March 2017. VC funding into energy efficiency technology companies fell significantly to $29 million in Q2 2017 compared to the $213 million in in Q1 2017, the report said. (Source: Mercom Capital Group, PTI, Financial Express, Others, 25 Jan., 2017) Contact: Mercon Capital Group, (512) 215-4452, info@mercomcapital.com, www.mercomcapital.com

More Low-Carbon Energy News Mercom Capital Group,  Energy Efficiency,  Battery,  Energy Storage,  SmartGrid,  

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