- Global solar PV funding up 55% YoY, reaching $28.9 billion in 9M/2023.
- Solar VC funding rises 4% YoY, led by solar downstream companies.
- Solar public market financing sees a 47% YoY increase to $7.2 billion.
- Solar debt financing surges 93% YoY to $16 billion, with 54 deals.
- M&A deals decline to 75, with 166 projects acquired, totaling 31.6 GW.
PV growth unveiled in latest Mercom report
Decarbonization push and US Inflation Reduction Act drive growth, says Mercom.
Seven manufacturers to exceed 100 GW production capacity by 2027, reports Wood Mackenzie. (Image Credit: Wood Mackenzie)
South Carolina currently has 108 solar farms with a combined capacity of 1,503 MW, generating 159,167 MWh annually. (Image Credit: SOLARbytes)
JinkoSolar’s N-type TOPCon solar module has attained 25.42% conversion efficiency. (Image Credit: JinkoSolar)
ISO 37301 certification reflects Trina Solar’s commitment to ethical business practices and regulatory compliance. (Image Credit: Trina Solar)