Corporate Funding for Solar Up 190% YoY With $22.8 Billion in 9M 2021
During 9M 2021, 55.5 GW of solar projects were acquired compared to 24.3 GW in 9M 2020
October 19, 2021
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Global corporate funding in the sector, including venture capital (VC) funding, public market, and debt financing, stood at $22.8 billion in 112 deals in the first nine months (9M) of 2021, a 190% year-over-year (YoY) growth compared to $7.9 billion in 72 deals in 9M 2020, according to Mercom’s 9M and Q3 2021 Solar Funding and M&A Report.