Solar Companies Raise $34.3 Billion in Corporate Funding in 2023, the Largest Amount in a Decade

Almost 45.4 GW of solar projects were acquired in 2023

January 17, 2024

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Total corporate funding, including venture capital (VC) funding, public market, and debt financing into the solar sector, increased 42% year-over-year (YoY) in 2023, with $34.3 billion raised in 160 deals, compared to $24.1 billion in 175 deals in 2022. This was the largest amount raised in over a decade.

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