Corporate Funding in Solar Sector Up 55% Quarter-over-Quarter with $8.4 Billion in Q1 2023
Almost 12 GW of solar projects were acquired in Q1 2023
April 13, 2023
/ Solar
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Total corporate funding—including venture capital (VC) funding, public market, and debt financing—into the solar sector in Q1 2023 came to $8.4 billion in 42 deals, a 55% increase compared to $5.4 billion raised in 44 deals in Q4 2022. Funding increased 11% YoY compared to $7.5 billion raised in 49 deals in Q1 2022.
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Sohini Aich
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