Corporate Solar Funding Increased 24% In 2020
Global corporate funding in the solar power sector grew by $11.7 billion, or 24%, in 2020 compared to 2019 — despite the coronavirus pandemic.
Global corporate funding in the solar power sector grew by $11.7 billion, or 24%, in 2020 compared to 2019 — despite the coronavirus pandemic.
People who don’t follow cleantech, or individual cleantech industries, think that solar, wind, and batteries are sort of small, niche markets. Actually, these have become very large markets, and often the quickest growing markets. Similarly, related smart grid and energy efficiency companies are booming.
Global oil companies are plowing billions of dollars per year into solar and into energy storage, as more nations seek to switch their energy sources away from fossil fuels.
On July 24, Mercom Capital Group (MCG) released its “Q2 2018 Battery Storage, Smart Grid and Efficiency Funding and M&A Report.” The report is available online, though it is a bit pricey at $299 to $499.
Mercom Capital Group is a highly regarded clean energy consulting firm with worldwide influence. Its new report provides a picture of mergers and acquisitions (M&A) and other funding that took place during the second quarter in the fields of battery storage, smart grid, and energy efficiency.
India installed an impressive 4.8 GW worth of solar in the first half of 2017, according to new figures published by Mercom India Research, which is even more impressive when you consider that the country only installed 4.3 GW in all of 2016.
The total global funding raised during the first half of the year for the battery storage, smart grid, and energy efficiency sectors topped $1 billion, a 25% increase over the same time a year ago, according to new figures published by Mercom Capital.
Corporate solar funding across the first half of the year reached a total of $4.6 billion according to new figures from energy communications and consulting firm Mercom.
Total corporate funding in the solar sector throughout 2016 reached $9.1 billion, a 64% decline over funding figures from 2015, according to a new report from Mercom Capital Group.
Together, global smart grid, battery and storage, and energy efficiency companies raised a total of $433 million in financing during the second quarter of 2016, according to global clean energy consulting firm Mercom. Mercom Capital Group released its funding and mergers & acquisition activity report for the Smart Grid, Battery/Storage, … [continued]
Corporate funding for the solar sector fell to $1.7 billion in the second quarter of 2016, according to new figures published by Mercom Capital Group. Total corporate funding for the solar sector, including venture capital funding, public market and debt financing, fell to $1.7 billion in the second quarter of … [continued]