Energy Storage Investment Soars to USD 15.4 Billion in 2024 First Half

Global corporate funding for energy storage more than doubled to USD 15.4 billion in H1 2024, marking a 117% increase from USD 7.1 billion in H1 2023, fueled by strong VC and debt financing. Lithium-ion battery companies led the surge, with significant investments in battery recycling and advanced battery tech.