Corporate solar funding will reach $28.9 billion in 9 months of 2023

19 Oct 2023 CW Team

Including debt financing, public market funding, and venture capital (VC) investments, the total global corporate funding in the solar sector during the first nine months (9M) of 2023 was $28.9 billion, up 55% YoY from $18.7 billion.

The figures were made public in the most recent 9M and Q3 2023 Solar Funding and M&A Report by Mercom Capital Group.

The number of agreements decreased by 5% YoY in spite of the spike in funding amounts. Compared to 131 deals during the same period in 2022, 124 agreements were announced during 9M 2023. In 9M 2023, there was a 4% YoY increase in worldwide venture capital funding activity, as per the study. Comparing this time to 9M 2022, when $5.5 billion was raised across 72 agreements, the data shows that a total of $5.7 billion was invested over 51 projects.

When it came to drawing venture capital investments, the downstream solar companies ruled the market. These corporations closed 28 deals between January and September for a total of $3.8 billion.

Infrastructure Transport

13 Oct 2025

Tata, Airbus to Build India’s First Private Helicopter Line

In a landmark development for India’s aerospace sector, Tata Advanced Systems Limited (TASL) and Airbus will establish the country’s first private-sector helicopter assembly line in Vemagal, Karnataka. The facility will manufacture the Airbus H125 and H125M, marking a significant milestone in India’s push for self-reliance in aviation and defence manufacturing. The new Final Assembly Line (FAL) will produce the H125, the world’s best-selling single-engine helicopter, known for its versatility and performance in extreme environments. The first ‘Made in India’ H125 is expected to ro..

NeGD to Support Bharat Taxi in Building Cooperative Ride Platform

In a significant move for India’s digital and mobility transformation, the National e-Governance Division (NeGD) of the Digital India Corporation, under the Ministry of Electronics and Information Technology (MeitY), has entered into an advisory partnership with Sahakar Taxi Cooperative Limited, the company behind Bharat Taxi — a first-of-its-kind, cooperative-led national ride-hailing platform. A Memorandum of Understanding (MoU) has been signed between NeGD and Sahakar Taxi to provide strategic advisory and technical support covering key areas such as platform integration, cybersecurity..

MeitY Hosts Pre-Summit for India–AI Impact Summit 2026

The Ministry of Electronics and Information Technology (MeitY), Government of India, hosted a series of Pre-Summit events for the upcoming India–AI Impact Summit 2026 at the India Mobile Congress (IMC) 2025 in New Delhi. These sessions mark a key milestone ahead of the main summit, scheduled for 19–20 February 2026 at Bharat Mandapam, New Delhi. Delivering the inaugural address, S. Krishnan, Secretary, MeitY, highlighted India’s innovative and frugal approach to AI development. “We have adopted innovative means by learning from others’ experiences to build projects and products that..