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    Home > Chemicals Industry > International Chemical > From January to September, global energy storage companies raised $22 billion to a record high

    From January to September, global energy storage companies raised $22 billion to a record high

    • Last Update: 2022-11-26
    • Source: Internet
    • Author: User
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    Total corporate financing (including venture capital, public markets, and debt financing) by global energy storage, smart grid, and energy efficiency companies in 2022 grew 66% year-over-year to a record $25 billion from January to September, compared to $15.
    1 billion in 2021.

    Investment continues to increase, and energy storage companies are poised to play a key role
    in the transition from fossil fuels to renewable energy.
    Venture capital investment by energy storage, smart grid and energy efficiency companies increased 14% in the third quarter of 2022, with 35 deals reaching $2.
    8 billion, compared to $2.
    4 billion
    in 36 transactions in the second quarter of 2022.
    Financing decreased 16%
    year-over-year compared to US$3.
    3 billion raised through 35 transactions in the third quarter of 2021.

    energy storage

    From January to September, 92 transactions raised a record $22 billion, up 69%
    from the $13 billion raised in 74 transactions in 2021.

    Over the same period, venture capital for energy storage companies fell by more than 44%, raising $4 billion in 73 deals, compared to $7.
    2 billion
    in 60 deals in the same period last year.

    In the first nine months of this year, the largest single VC deal was Eolian raising $925 million, followed by Group14 Technologies raising $400 million
    .

    Lithium-based battery and energy storage system companies have led venture capital activities
    in the energy storage sector this year.

    Debt and public market financing increased 210% in the first nine months of this year compared to the same period last year, with 19 transactions raising a cumulative $18 billion, compared to just $5.
    8 billion in the same period last year, the highest since
    2014.

    M&A activity picked up, with 23 energy storage M&A deals recorded from January to September 2022 compared to 15 transactions in the same period in 2021
    .

    Smart grid

    From January to September, global smart grid companies received a record $2.
    5 billion in financing, up 162%
    from $936 million in the same period last year.

    Smart grid companies' venture capital activity involved nine deals totaling $1.
    7 billion in the third quarter of 2022, compared to $
    419 million in eight transactions in the second quarter of 2022.
    Financing in the quarter increased 264%
    year-over-year compared to $473 million from eight transactions in the third quarter of 2021.

    During the same period, announced debt and public market financing reached $307 million in four transactions, compared to three transactions totaling $831 million
    in the same period last year.

    energy efficiency

    In the first nine months of this year, financing for energy efficiency companies reached $269 million, up 528%
    from $5 million in the same period last year.


    Total corporate financing (including venture capital, public markets, and debt financing) by global energy storage, smart grid, and energy efficiency companies in 2022 grew 66% year-over-year to a record $25 billion from January to September, compared to $15.
    1 billion in 2021.

    Investment continues to increase, and energy storage companies are poised to play a key role
    in the transition from fossil fuels to renewable energy.
    Venture capital investment by energy storage, smart grid and energy efficiency companies increased 14% in the third quarter of 2022, with 35 deals reaching $2.
    8 billion, compared to $2.
    4 billion
    in 36 transactions in the second quarter of 2022.
    Financing decreased 16%
    year-over-year compared to US$3.
    3 billion raised through 35 transactions in the third quarter of 2021.

    energy storage

    energy storage

    From January to September, 92 transactions raised a record $22 billion, up 69%
    from the $13 billion raised in 74 transactions in 2021.

    Over the same period, venture capital for energy storage companies fell by more than 44%, raising $4 billion in 73 deals, compared to $7.
    2 billion
    in 60 deals in the same period last year.

    In the first nine months of this year, the largest single VC deal was Eolian raising $925 million, followed by Group14 Technologies raising $400 million
    .

    Lithium-based battery and energy storage system companies have led venture capital activities
    in the energy storage sector this year.

    Debt and public market financing increased 210% in the first nine months of this year compared to the same period last year, with 19 transactions raising a cumulative $18 billion, compared to just $5.
    8 billion in the same period last year, the highest since
    2014.

    M&A activity picked up, with 23 energy storage M&A deals recorded from January to September 2022 compared to 15 transactions in the same period in 2021
    .

    Smart grid

    Smart grid

    From January to September, global smart grid companies received a record $2.
    5 billion in financing, up 162%
    from $936 million in the same period last year.

    Smart grid companies' venture capital activity involved nine deals totaling $1.
    7 billion in the third quarter of 2022, compared to $
    419 million in eight transactions in the second quarter of 2022.
    Financing in the quarter increased 264%
    year-over-year compared to $473 million from eight transactions in the third quarter of 2021.

    During the same period, announced debt and public market financing reached $307 million in four transactions, compared to three transactions totaling $831 million
    in the same period last year.

    energy efficiency

    energy efficiency

    In the first nine months of this year, financing for energy efficiency companies reached $269 million, up 528%
    from $5 million in the same period last year.

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