Home » Total corporate funding in solar sector comes in at $9.1 billion in 2016

Total corporate funding in solar sector comes in at $9.1 billion in 2016

Infrastructure Finance
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February 1, 2017February 1, 2017
Total corporate funding in solar sector comes in at $9.1 billion in 2016

Mercom Capital Group, a global clean energy communications and consulting firm, has released its report on funding and mergers & acquisitions (M&A) activity for the solar sector in 2016. 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, compared to $25.3 billion in 2015, a 64 per cent drop. It was a tough year for solar companies in terms of fundraising even though demand was robust.

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