Corporate Funding for Solar Rises 54% YoY to $18.5 Billion in First Half of 2023

1H 2023 saw 116 solar project acquisitions with 25.5 GW capacity

July 17, 2023

/ Finance and M&A, Mercom Research Focus, Solar

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The total global corporate funding in the solar sector during the first half (1H) of 2023, including venture capital (VC) investments, public market funding, and debt financing, reached $18.5 billion, a 54% year-over-year (YoY) increase from $12 billion.

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Gautamee Hazarika

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Corporate Funding for Solar Rises 54% YoY to $18.5 Billion in First Half of 2023

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