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.
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.
Global solar installation levels are expected to surpass original expectations for 2016 and fly in the face of a partial-global slowdown, reaching 76 GW for the year, up 48% over 2015, according to global clean energy consulting firm Mercom Capital Group.
Despite an overall drop in clean energy investment in the third quarter, Mercom has revealed total corporate funding for the solar sector grew in the third quarter to $3 billion. Mercom Capital Group published its quarterly report on funding and merger & acquisition (M&A) activity for the solar sector for … [continued]
Cumulative solar installations in India have surpassed 8.6 GW as of September 2016, according to new figures published by Mercom. Further, Mercom is predicting that India’s solar installations for 2016 are expected to reach 4.8 GW, which would bring India’s total cumulative install of solar up to 10.1 GW. Nearly … [continued]
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]