Corporate Funding for Solar Sector Down 23% Year-over-Year with $22.3 Billion in 9M 2024

Almost 28.3 GW of solar projects were acquired in the first nine months of the year

October 16, 2024

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Total corporate funding, including venture capital (VC) funding, public market, and debt financing, in the first nine months (9M) of 2024 stood at $22.3 billion, 23% lower than the $28.9 billion raised in 9M 2023. The number of deals also decreased 6% year-over-year (YoY), with 117 deals in 9M 2024 compared to 124 deals during the same period last year.

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