Total Corporate Funding for Solar Sector Up Over 50%, Totaling $18.5 Billion in 1H 2023

Total Corporate Funding for Solar Sector Up Over 50%, Totaling $18.5 Billion in 1H 2023

/ Solar
Total corporate funding, including venture capital (VC) funding, public market, and debt financing, in 1H 2023 totaled $18.5 billion, 54% higher year-over-year (YoY) compared to $12 billion raised in 1H 2022. The number of deals decreased by 12% ...
Total Corporate Funding for Solar Sector Up Over 50%, Totaling $18.5 Billion in 1H 2023

Total Corporate Funding for Solar Sector Up Over 50%, Totaling $18.5 Billion in 1H 2023

/ Solar
Total corporate funding, including venture capital (VC) funding, public market, and debt financing, in 1H 2023 totaled $18.5 billion, 54% higher year-over-year (YoY) compared to $12 billion raised in 1H 2022. The number of deals decreased by 12% ...

Funding and M&A Roundup: Electriq Power Goes Public via SPAC Deal

Samsung C&T Renewables Sells 3 GW Solar and Energy Storage Projects

Samsung C&T Renewables, a renewable energy development and investment company and the renewable energy corporation of South Korea's Samsung C&T in the U.S., signed a contract for sale and development ...
/ Solar, Storage
Funding and M&A Roundup Storage Developer Field Energy Secures $257 Million

Verkor Raises $1.5 Billion to Develop Battery Gigafactory

Verkor, a manufacturer of lithium-based battery cells and modules, secured €1.45 billion (~$1.54 billion) with a mix of equity and debt funding to build its gigafactory. The series C funding ...
/ Storage
UK Based Mineral Exploration Company Cornish Lithium Secures $67 Million Funding

Heliene Raises $170 Million to Expand Module Manufacturing in the US

Heliene, a manufacturer of solar PV modules, closed a $170 Million funding round, including a mix of $20 million in equity and $150 million in debt funding. The funding will ...
/ Solar
Nexwell Power Secures $40 Million Financing for 46 MW of Solar Projects

Nexwell Power Secures $40 Million Financing for 46 MW of Solar Projects

Nexwell Power, a UK-based company that builds and operates solar PV installations, announced the signing of a financing agreement with Coöperatieve Rabobank U.A. for a total amount of €37 million ...
/ Solar
Dimension Renewable Energy Secures $237 Million Project Financing

Dimension Renewable Energy Secures $237 Million Project Financing

Dimension Renewable Energy, a community solar project developer, secured $237 million in financing for constructing a 120 MW distributed generation portfolio. Silicon Valley Bank (SVB), a division of First Citizens ...
/ Solar