Total global corporate funding for the solar sector dropped by 39% year-over-year (YoY) to $10.8 billion in the first half (1H) of 2025 from $17.6 billion, according to Mercom India’s newly released 1H and Q2 2025 Solar Funding and M&A Report. The number of deals also decreased by 11% to 78 deals from 88 during the same period last year. Raj Prabhu, CEO at Mercom Capital Group, attributed the decline in global corporate funding in the solar sector to the market freeze due to uncertainty over the ‘One Big Beautiful Bill.’ Global venture capital funding amounted to $2.5 billion from 32 deals in 1H, decreasing 7% YoY from $2.7 billion from 29 deals.