Tue, May

Corp funding in solar energy down 41% at $1.7 bn in April-June


Mercom Capital Group said corporate funding into the solar sector in April-June quarter fell to USD 1.7 billion, a 41 percent drop compared to the USD 2.8 billion raised in Jan-March period of 2016.

Mercom Capital Group, LLC, a global clean energy communications and consulting firm, released its report on funding and merger and acquisition (M&A) activity for the solar sector in the second quarter of 2016. 

Total corporate funding, including venture capital funding, public market and debt financing into the solar sector in Q2 2016 fell to USD 1.7 billion this quarter, a 41 percent drop compared to the USD 2.8 billion raised in Q1 2016, it said. Mercom Capital further said that the year-over-year total corporate funding was down significantly compared to USD 5.9 billion in the second quarter (April-June) of last year.





SolarQuarter Tweets

Follow Us For Latest Tweets

SolarQuarter Gujarat Largest Rooftop Solar Event is Back in Ahmedabad - https://t.co/hvfKU8siIr
Monday, 20 May 2019 06:35
SolarQuarter How did India solar tenders perform in 2018-19? Here's a snapshot! solarenergy solarnews energy… https://t.co/rEDOp84n27
Wednesday, 15 May 2019 20:12
SolarQuarter Who was awarded the maximum tenders in India in 2018-19? Here's a glimpse @SolarQuarter SolarQuarter… https://t.co/jUdsZVJ5VU
Wednesday, 15 May 2019 00:29