Solar Sector Corporate Funding Equals $10.8 Billion in 1st Half of 2025 - CleanTechnica

In the first half of 2025, the solar sector experienced a significant decline in corporate funding, totaling $10.8 billion—a 39% decrease compared to $17.6 billion in the same period of 2024, according to a report by Mercom Capital Group. The number of funding deals also dropped by 11% to 78 deals. This downturn was attributed to legislative, trade, and capital market disruptions that forced industry players to recalibrate amid a rapidly changing environment. Despite these challenges, merger and acquisition (M&A) activity increased year-over-year, reflecting sustained investor interest in well-valued solar assets. Breaking down the funding sources, venture capital (VC) funding slightly decreased by 7% to $2.5 billion across 32 deals, with solar downstream companies leading financing activity. Public market financing was relatively low at $467 million from five deals, while debt financing remained robust at $7.8 billion over 41 deals, including four securitization deals