Total Corporate Funding for Solar Sector Up 55% with $28.9 Billion in 9M 2023

Over 31.6 GW of solar projects were acquired in the first nine months of the year

October 12, 2023

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Total corporate funding, including venture capital (VC) funding, public market, and debt financing, in 9M 2023 stood at $28.9 billion, 55% higher than $18.7 billion raised in 9M 2022. However, the number of deals decreased by 5% year-over-year (YoY), with 124 in 9M 2023 compared to 131 in 9M 2022.

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