In Austin, Texas, Mercom Capital Group, a firm specializing in clean energy research, unveiled its latest report on solar sector finance and merger and acquisition (M&A) trends for 2025, focusing on the fourth quarter (Q4) and the entire year. The total corporate funding injected into the solar industry, encompassing venture capital (VC) investments, public market funding, and debt financing, witnessed a 16% decline compared to the previous year. In 2025, a total of $22.2 billion was raised through 175 deals, contrasting with the $26.3 billion raised earlier.