Energy Storage Funding Surges to USD 15.4 Billion in H1 2024

Energy Storage Funding Surges to USD 15.4 Billion in H1 2024

Global energy storage funding soared to USD 15.4 billion in the first half of 2024, marking a 117% increase from H1 2023. Driven by robust venture capital, debt, and public market financing, lithium-ion battery companies secured the most investment. This surge highlights growing advancements and investor confidence in renewable energy solutions.