Total corporate funding increases 175% to $26.5 bn in solar sector, VC funding doubles: Mercom Capital

Global clean energy communications and consulting firm Mercom Capital Group in its report on funding and merger and acquisition (M&A) activity for the solar sector in 2014 says total corporate funding inflow into the solar sector encompassing venture capital/private equity (VC), debt and public market financing increased 175 percent in 2014 with $26.5 billion, compared to $9.6 billion in 2013.

Global VC investments more than doubled to $1.3 billion in 85 deals in 2014, compared to $612 million in 98 deals in 2013.

The fourth quarter of 2014 was an active quarter for large-scale project development around the globe. Mercom tracked 241 project announcements totaling almost 9.5 GW for the quarter and 736 project announcements totaling 34.4 GW for 2014 in various stages of development globally.

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