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Mercom Capital Group

Investors banking billions in batteries, says report

Tue, 05/01/2018 - 11:09 -- Xuan Zhong
Investors banking billions in batteries, says report

Battery companies sucked in a multi-billion-dollar boost from investors eager to grab a slice of the storage market in 2017, according to a new report.

The Mercom Capital Group said $1.03 billion was raised by battery storage, smart grid, and efficiency firms in the first half of 2017— compared to $807 million in the first half of 2016.

 

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