European solar startup funding hits $6 billion in first 5 months of 2023
Total investment in European solar startups surged by nearly 400% year on year in the January-May period. Companies secured $6 billion of new funds, from just $1.2 billion raised during the same period in 2022, according to data from Avent Abacus.
Solar could hold advantage in post-pandemic global energy sector
The International Energy Agency has acknowledged dramatic falls in energy investment caused by the Covid-19 crisis but said renewables, including PV, offered an attractive proposition to investors as the dust settled, given their enticing economics and short turnaround times.
