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.
Do you know What is Cash Reserve Ratio (CRR), Finance Bill, Fiscal Policy in India, Expenditure Budget, Customs Duty? FE Knowledge Desk explains each of these and more in detail at Financial Express Explained. Also get Live BSE/NSE Stock Prices, latest NAV of Mutual Funds, Best equity funds, Top Gainers, Top Losers on Financial Express. Dont forget to try our free Income Tax Calculator tool.
Financial Express is now on Telegram. Click here to join our channel and stay updated with the latest Biz news and updates.