Total funding rose from Q4 2023 but fell year-on-year. Image: Engie North America
Corporate financing in the solar sector reached US$8.1 billion in the first quarter of 2023, according to market analyst Mercom Capital.
Overall private-sector financing for solar fell by 4% year-on-year (YoY), compared with US$8.4 billion in Q1 2023. However, it rose by 47% sequentially from Q4 2023, up from US$5.5 billion.
(The above content is reproduced from pv-tech，By Will Norman）
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