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    Home > Chemicals Industry > International Chemical > In the first quarter of this year, the investment of global battery energy storage companies increased by 273.8% year-on-year;

    In the first quarter of this year, the investment of global battery energy storage companies increased by 273.8% year-on-year;

    • Last Update: 2022-12-27
    • Source: Internet
    • Author: User
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    In the first quarter of this year, the global battery energy storage industry attracted a total of $299 million in corporate investment, nearly doubling from the previous quarter and a year-on-year increase of 273.
    8%.

    In the first quarter of this year, the investment of global battery energy storage companies increased by 273.
    8% year-on-year;

    Mercom Capital Group announces its Q1 report
    on financing and M&A activity in the areas of battery storage, smart grid and energy efficiency.

    Corporate investment in battery energy storage soared from $154 million in six transactions in the fourth quarter of last year to $299 million in 12 transactions in the first quarter of 2018, so the deals were all private equity and corporate venture capital
    .
    In the same period last year, industry companies invested only $80 million in 10 deals, including $58 million
    in eight venture capital deals.

    In terms of deal value, in the first quarter of this year, Stem Inc, a U.
    S.
    smart energy storage provider, became the largest deal in the market through an $80 million Series D funding round led by growth equity firm Activate Capital
    .
    Meanwhile, Massachusetts-based materials technology company Ionic Materials raised $65 million in Series C funding, and Durapower received $40.
    18 million in funding
    .

    Mercom noted that there were four M&A deals related to battery energy storage between January and March 2018, all of which were not disclosed
    .
    In comparison, there was only one such transaction
    in both the fourth quarter of 2017 and the first quarter of 2017.


    In the first quarter of this year, the global battery energy storage industry attracted a total of $299 million in corporate investment, nearly doubling from the previous quarter and a year-on-year increase of 273.
    8%.

    In the first quarter of this year, the investment of global battery energy storage companies increased by 273.
    8% year-on-year;

    In the first quarter of this year, the investment of global battery energy storage companies increased by 273.
    8% year-on-year;

    Mercom Capital Group announces its Q1 report
    on financing and M&A activity in the areas of battery storage, smart grid and energy efficiency.

    Corporate investment in battery energy storage soared from $154 million in six transactions in the fourth quarter of last year to $299 million in 12 transactions in the first quarter of 2018, so the deals were all private equity and corporate venture capital
    .
    In the same period last year, industry companies invested only $80 million in 10 deals, including $58 million
    in eight venture capital deals.

    In terms of deal value, in the first quarter of this year, Stem Inc, a U.
    S.
    smart energy storage provider, became the largest deal in the market through an $80 million Series D funding round led by growth equity firm Activate Capital
    .
    Meanwhile, Massachusetts-based materials technology company Ionic Materials raised $65 million in Series C funding, and Durapower received $40.
    18 million in funding
    .

    Mercom noted that there were four M&A deals related to battery energy storage between January and March 2018, all of which were not disclosed
    .
    In comparison, there was only one such transaction
    in both the fourth quarter of 2017 and the first quarter of 2017.

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