Corporate funding in solar sector globally dips 10 pc to USD 16.6 bn in Jan-Jun: Mercom

Corporate funding in the global solar sector dropped by 10% to USD 16.6 billion in the first half of 2024. The decrease is attributed to uncertainties in major markets and various challenges including high interest rates and supply chain issues. Despite this, some companies in India secured significant funding to support their expansion and working capital needs.