Mercom Capital Group has released research which states that corporate funding for solar development has shrunk year-on-year by 11%, from $13.5 billion in the first half of 2021, to $11 billion in the first half of 2022. Mercom CEO Raj Prabhu attributes this to “inflation, higher interest rates, and supply chain issues.” The decline manifested not in Q1, which still had significant growth, but in Q2, as solar module prices rose and as the Department of Commerce interfered with US imports. Even as the overall solar market grows, high module prices are punishing for the utility-scale sector – and indeed Mercom’s research shows the number of corporate deals rising from 71 to 91, which means the average size of these…