Corporate funding for energy storage rose 15% year-over-year in the first nine months (9M) of  2024, while it decreased 33% for smart grids in the U.S. Corporate funding for energy storage companies in 9M 2024 reached $17.6 billion in 83 deals, a 15% YoY increase from $15.2 billion in 94 deals, according to the 9 M and Q3 2024 Funding and M&A for Storage and Grid Report by Mercom Capital Group.