, analyst firm Pitchbook published its analysis of venture investments into clean energy in 2022. The firm found that 2022 was a record year for the sector, with investments hitting $16.2 billion for the year, just barely topping 2021’s $16 billion. A driving factor behind part of the surge in investment was the war in Ukraine, which highlighted the need for energy resilience.
The report highlights two areas that saw major deals in the fourth quarter and seemed poised for further growth: green hydrogen and grid-scale batteries for renewables. Another area of interest for VCs are companies involved in management and analytics of the power grid.
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