Total global corporate funding in the solar sector, including venture capital/private equity (VC), debt financing, and public market financing, raised by public companies came to $9.1 billion in 2016, compared to $25.3 billion in 2015, a 64 per cent drop, clean energy consulting firm Mercom Capital has said.
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Smart grid and solar leverages VC funding
While VC funding in smart grid jumped to $185 million globally in the first quarter of 2015, the solar sector drew the maximum attraction with $6.4 billion funding in the same period. What´s more, there was a record growth in residential and commercial solar funds to the tune of $1.9 billion.
Downhill prices, uphill task
The sharp decline in solar PV component prices is making investors uneasy enough to look for downstream and BOS options. The remarkable decline in the price of solar photoÂvoltaic