Energy Storage VC Funding Up 59% YoY

02 Feb 2024 CW Team

Venture capital (VC) funding in the energy storage sector has surged by 59% year-over-year, as revealed in a recent report by Mercom Capital. The increase in VC funding indicates growing investor confidence and interest in innovative solutions within the dynamic and evolving energy storage landscape.

The report highlights the substantial rise in financial support for energy storage technologies, reflecting the sector's strategic importance in the broader context of renewable energy integration and grid resilience. The surge in funding is attributed to the recognition of energy storage as a critical enabler for a more sustainable and reliable energy infrastructure.

As the demand for energy storage solutions continues to escalate globally, VC funding becomes instrumental in supporting research, development, and deployment of cutting-edge technologies. The 59% year-over-year increase underscores the industry's attractiveness to investors, signaling the potential for significant advancements and breakthroughs in energy storage.

The Mercom Capital report provides insights into the evolving investment landscape, emphasizing the role of venture capital in shaping the future of energy storage. The increased funding levels indicate a positive trajectory for the sector, positioning it as a key player in the ongoing transition towards a more resilient and sustainable energy ecosystem.

Infrastructure Urban

13 Mar 2026

Implementation Status of Jal Jeevan Mission

Since August 2019 the Government has implemented Jal Jeevan Mission to provide assured potable water through household tap connections in rural India. At the start of the mission only 32.3 million (mn) rural households, representing 16.7 per cent, were reported to have tap water connections. States and union territories have reported that 125.8 mn additional rural households have since been provided with tap connections. As a result, of about 193.6 mn rural households roughly 158.2 mn, or 81.71 per cent, are reported to have tap water supply at home.\n\nThe State, district and village level st..

Jal Jeevan Mission Reaches Eighty One Per Cent Rural Coverage

The Government reported substantial progress under the Jal Jeevan Mission, launched in August 2019 to provide tap water to every rural household. At launch only 32.3 million (mn) rural households had tap connections and states and Union territories reported provision of 125.8 mn additional households by March 2026. Consequently, out of about 193.6 mn rural households around 158.2 mn, or 81.71 per cent, are reported to have tap water at home. The Finance Minister announced extension of the mission until 2028 in the 2025-26 budget speech. The Swachh Bharat Mission Grameen, launched in October 20..

Empowering Local Governance for Sustainable Rural Water Supply

The Ministry of Jal Shakti has aligned the Jal Jeevan Mission (JJM) with the 73rd Amendment to strengthen village level planning and community ownership of water supply. Gram Panchayats, village water and sanitation committees and Pani Samitis are to plan, implement, manage and maintain piped water systems, with gram sabha processes formalising handover and oversight. Implementation support agencies including non government organisations, community based organisations and self help groups have been empanelled to train local committees and promote women participation. Under JJM, the department ..