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
/ Solar
Follow Mercom India on WhatsApp for exclusive updates on clean energy news and insights
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.
