Total Corporate Funding for Solar Sector Up Over 50%, Totaling $18.5 Billion in 1H 2023

Almost 25.5 GW of solar projects were acquired in the first half of the year

July 13, 2023

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Total corporate funding, including venture capital (VC) funding, public market, and debt financing, in 1H 2023 totaled $18.5 billion, 54% higher year-over-year (YoY) compared to $12 billion raised in 1H 2022. The number of deals decreased by 12% YoY, with 80 deals in 1H 2023 compared to 91 during the same period last year.

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