Q1/2023 Corporate Solar Funding Up 11% YoY
Disregarding Tough Economic Conditions In Q1, Solar Raised $8.4 Billion In Total Corporate Funding
The CEO of Mercom Capital Group, Raj Prabhu sees the Inflation Reduction Act (IRA) as a significant driver for growing investments in solar in global markets along with increasing demand for energy transition, especially in the US and Europe thanks t.
Global Solar Raised $24.1 Bn Corporate Funding In 2022
Mercom Counts 2022 Global Solar Corporate Funding Having Dropped 13% YoY; Rystad Energy Expects $250 Billion Spending On Solar Investments In 2023
Increased demand for solar following the unfortunate war in Ukraine and a significant boost to the US market with the Inflation Reduction Act (IRA) acted as strong reasons for the global solar sector raising $24.1 billion corporate funding in 2022, b.
Global Corp Funding For Solar In 9M/2022 Drops 18% YoY
Mercom: Inflation & High Interest Rates Pull Down Solar’s Corporate Funding, But Future Remains Bright
The global corporate funding that solar raised in 9M/2022 was down 18% YoY at $18.7 billion, attributed by Mercom Capital Group mainly to inflation and high interest rates, but things are already getting better with the Inflation Reduction Act (IRA) renewing momentum.
$12 Billion H1/2022 Global Solar Corporate Funding
Mercom: Inflation, Higher Interest Rates & Supply Chain Challenges Impact Solar’s Fundraising
During H1/2022, solar sector attracted 11% lower global corporate funding of $12 billion, down from $13.5 billion in the previous year, thanks to factors as inflation, higher interest rates and supply chain issues, according to Mercom Capital Group.
Global Solar Corp. Funding Down 7% YoY In Q1/2022
Robust Demand For Solar, But Significant Headwinds For Solar, Cautions Mercom Capital
In Q1/2022, total global corporate funding of $7.5 billion for solar PV industry increased 51% QoQ thanks to robust demand, but dropped 7% YoY due to challenges related to supply chain issues, inflation and interest rate trajectory, according to Mercom Capital Group.
Global Corporate Funding For Solar In 2021
Mercom: Solar Locked In $27.8 Billion Total Corporate Funding; Highest In Last 10 Years
Global solar sector attracted a total corporate funding of $27.8 billion in 2021, growing 91% annually and emerging as the best year for solar since 2010 with financial activity bouncing back strongly post COVID-19 in 2020, says Mercom Capital Group.
Corporate Funding For Solar In 9M/2021
Mercom: During 9M/2021, Solar Raised $22.8 Billion Global Funding
Mercom Capital Group calculates $22.8 billion total corporate funding for solar during 9M/2021 through 112 deals, increasing 190% over previous year, with 72% annual increase in Q3/2021 funding amount of $9.3 billion in 41 deals.
Mercom: H1/2021 Global Corp Solar Funding Up 193% YoY
Global Solar Corporate Funding Swelled To $13.5 Billion In H1/2021, Reflecting 193% Annual Increase, According To Mercom Capital Group
As the world charts out a path beyond fossil fuels and recover from COVID-19 related disruption, Mercom’s report sees financing activity as having increased swiftly in H1/2021 for global solar market, highest since H1/2017.
$8.1 Billion Global Corp. Funding For Solar In Q1/2021
Mercom Capital Group: Solar Attracted $8.1 Billion Global Corporate Funding In Q1/2021, Growing From $1.9 Billion Locked In A Year Back
Mercom Capital’s corporate funding report for Q1/2021 shows investors growing fonder of the solar PV industry with total corporate funding during the period adding up to $8.1 billion.
Solar Attracted $14.5 Billion Total Corp Funding In 2020
Mercom Capital Group: Global Solar PV Corporate Funding In 2020 Grew 24% Annually To $14.5 Billion In 2020; All-Time High For Solar Asset Acquisitions
Global investor interest in solar PV market is once again growing as Mercom’s latest report shows there was a 24% annual increase in 2020 corporate funding for solar, after 2019 recorded a 20% jump over 2018.
