Solar corporate funding down 23% so far this year

Total corporate funding in the solar industry reached $22. 3 billion over the first nine months of 2024, representing a 23% year-on-year decrease. Mercom Capital Group says that while global uncertainties are affecting investor confidence, an increase in debt financing and resilience in newly-announced large-scale project funding remain bright spots for the sector. Total corporate funding in the solar sector across the first nine months of 2024 (9M 2024) stood at $22. 3 billion, according to figures released by Mercom Capital Group. The total figure, which includes venture capital/private equity ...

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