Corporate funding in global solar industry surges 55% in January-September: Mercom Capital

​Despite inflationary challenges and elevated interest rates, financing in solar industry has remained robust through the first three quarters of 2023, Mercom Capital Group CEO Raj Prabhu said."The resilience can be attributed to a strong global push to achieve energy transition objectives and demand created by the Inflation Reduction Act - which has helped the sector weather persistent economic challenges and retain the interest of investors," he added.

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