Funds

Funds

Corporate Funding in Solar Sector Up 55% Quarter-over-Quarter with $8.4 Billion in Q1 2023, Reports Mercom Capital Group

Mercom Capital Group, a global clean energy communications and consulting firm, released its report on funding and merger and acquisition (M&A) activity for the global solar sector in the first quarter of 2023. Total corporate funding—including venture capital (VC) funding, public market, and debt financing—into the solar sector in Q1 2023 came to $8.4 billion in 42 deals, a 55% increase compared to $5.4 billion raised in 44 deals in Q4 2022. Funding increased 11% year-over-year (YoY) compared to Q1 2022. CHART: Solar Corporate Funding Q1 2022-Q1 2023 “Investments in...
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