Total global corporate funding for the solar sector, including venture capital/private equity (VC, PE), debt financing and public market financing came to $12.8 billion, a 41% increase compared to the $9.1 billion raised in 2016.
The figures, released by Mercom Capital Group, show that global venture capital invesmentes came to $1.6 billion through 99 deals last year, representing an increase of 30% from the $1.3 billion raised through 78 deals in 2016.