Solar Sector Sees $8.1 Billion in Corporate Funding in Q1 2024
10.8 GW of solar projects were acquired in Q1 2024
April 17, 2024
/ Solar
Follow Mercom India on WhatsApp for exclusive updates on clean energy news and insights
Total corporate funding into the solar sector in Q1 2024 came to $8.1 billion in 41 deals, a 4% decline year-over-year (YoY) compared to the $8.4 billion raised in 42 deals in Q1 2023. Funding increased 47% quarter-over-quarter (QoQ) compared to the $5.5 billion raised in 37 deals in Q4 2023.
