The corporate funding for the solar industry decreased by 13% to reach $24 billion.


  • Published On: 28th Jan, 2023
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Source: https://greentechlead.com/solar/corporate-funding-in-solar-sector-dips-13-to-24-bn-41809#:~:text=Corporate%20funding%20in%20the%20solar,Group%20said%20in%20its%20report.
According to a report by Mercom Capital Group, corporate funding in the solar sector decreased by 13% to $24.1 billion in 2022 compared to $27.8 billion in 2021. However, the number of funding deals in the solar business increased by over 20%. Global venture capital (VC) funding in the solar sector rose by 56% to $7 billion in 2022, compared to $4.5 billion in 2021, the highest amount of VC fundin...
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