Average deal value of global early-stage venture capital investments in energy technology companies in India, 2010-2020

Sources

IEA calculations based on Cleantech Group (2021), i3 database, www.cleantech.com/i3/ (accessed January 2021).

Notes

Includes seed, series A and series B financing deals. Outlier deals of more than USD 150 million that distort the year-on-year trend are excluded. Low-carbon transport includes alternative powertrains and their infrastructure, among other technologies, but not shared mobility, logistics or autonomous vehicle technology unless specifically designed for the electric mobility market. Within Renewables, bioenergy includes transport biofuels but not biochemicals. Other low-carbon pertains to CCUS and smart grids. Conventional fuels covers fossil fuel extraction and use, fossil fuel-based power generation and conventional transport fuel use.