Corporate Funding in Solar Sector Up 51% Quarter-over-Quarter with $7.5 Billion in Q1 2022
A record 23.7 GW of solar projects were acquired in Q1 2022
April 13, 2022
/ Solar
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Total corporate funding—including venture capital (VC) funding, public market, and debt financing—into the solar sector in Q1 2022 came to $7.5 billion in 49 deals, a 51% increase compared to $5 billion raised in 32 deals in Q4 2021. However, funding was lower by 7% year-over-year (YoY) compared to Q1 2021.
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Utsav Sinha
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