Solar power investments mostly up on VC & debt as money pours into large-scale projects
Mercom Capital Group’s Q1 2019 Solar Funding & M&A report shows $2.8 billion in venture capital, public market and debt financing, versus $2.5 billion a year ago. Large-scale project financing reached a record $5.58 billion across 43 deals, while there were 18 solar corporate M&A transactions.
The (Western) money is all going downstream
Mercom Capital’s latest report on financial activity in the solar sector shows the growing move of capital towards downstream companies and solar projects, as projects become an increasingly attractive asset.
Solar funding moves from companies to projects
Mercom Capital’s latest report shows sustained low levels of funding for solar companies but strong investment in solar projects and many acquisitions.
Solar power funding collapses during Q1
The section 201 case took a big bite out of corporate solar and large-scale project funding, and the quarter also saw a stunning $8.3 billion in reported mergers and acquisitions.
Battery storage funding booms in Q1 (w/ chart)
The latest report by Mercom Capital finds VC investment in battery storage companies rising five-fold year-over-year to $299 million in 12 deals.
Report: Venture capitalists fall in love with battery storage
According to a report released by Mercom Capital, venture capital firms showered battery storage companies with money to the tune of $714 million last year.
Solar corporate funding rebounds in 2017 (w/ charts)
Venture capital, debt, securitization and project finance were all winners in 2017, as were solar stocks. However Mercom Capital warns that the pending Section 201 ruling could cause significant damage to the sector in 2018.
Report: SunPower raises $53 million for residential financing
The panel manufacturer latest round of funding follows on its October 5 announcement of a $140 million funding agreement with True Green Capital Management for commercial projects in five states.
Section 201 case mars an otherwise strong quarter for solar funding (w/ charts)
Mercom Capital’s latest report shows relatively robust funding for solar globally but a slowdown in the United States due to the Section 201 investigation.
Big challenges: Raj Prabhu on the SolarWorld insolvency and U.S. solar manufacturing
Today, SolarWorld AG filed for insolvency in Germany, and it is unclear whether or not its U.S. subsidiary will also file. In the following interview, Mercom Capital CEO Raj Prabhu talks about what this means for the U.S. solar industry.
