'Defying expectations': Solar firms raised over $34bn in corporate funding last year

James Murray
clock • 4 min read
'Defying expectations': Solar firms raised over $34bn in corporate funding last year

Analysis from Mercom Capital Group reveals total corporate funding flowing into the solar sector rose 42 per cent in 2023

The global boom in solar projects is being matched by a multi-billion dollar surge in investment across the sector, according to new figures from consultancy Mercom Capital Group. The company's annual...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Solar

Jaguar Land Rover switches on solar farm to power Warwickshire headquarters

Jaguar Land Rover switches on solar farm to power Warwickshire headquarters

Solar farm covering equivalent of 36 football pitches to provide 18MW of electricity capacity at Jaguar Land Rover's Gaydon headquarters

Stuart Stone
clock 20 August 2025 • 4 min read
Greenvolt Group unveils €320m UK renewables investment plan

Greenvolt Group unveils €320m UK renewables investment plan

Renewables developer confirms it has secured fresh investment in support of plans to deliver 1GW of clean energy capacity in the UK by the end of 2028

James Murray
clock 06 August 2025 • 2 min read
Solar panels, heat pumps, and batteries smash installation records

Solar panels, heat pumps, and batteries smash installation records

Latest figures from Microgeneration Certification Scheme reveal market for small scale renewables soared 37 per cent during the first half of the year to 170,000 installations

James Murray
clock 06 August 2025 • 5 min read