CAPITAL EXPENSES

Solar Power Venture Capital

You know how they say "follow the money"? Well, solar power venture capital deals have surged 47% year-over-year, hitting $9.8 billion in Q2 2023. But why are investors doubling down now? Three words: grid parity achieved. In sun-rich regions like Texas and Gujarat, solar now undercuts fossil fuels at $0.02-0.03/kWh without subsidies.