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However, in comparison with the second quarter of this year, the amount rose in the latest third quarter.
"During Q3 2017, corporate funding in the solar sector grew 74 per cent compared to Q2 2017, with USD 2.4 billion raised in 45 deals. In Q2 2017, USD 1.4 billion was raised in 37 deals," Mercom Capital said in a release.
The figures include venture capital funding, public market and debt financing.