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Corporate Solar Funding Spikes 24% Compared to 2019: Report


(Credit: Pixabay)
Total corporate funding into the solar sector globally, including venture capital, private equity (VC), debt financing, and public market financing, came to $14.5 billion, a 24% increase compared to the $11.7 billion raised in 2019. That’s according to a new report published by Mercom Capital Group, a global clean energy communications and consulting firm.
“Following a tough first half when corporate funding was down 25% year-over-year, recovery has been swift and broad, with corporate funding up 24% for the year. Publicly-traded solar companies had an unprecedented year. The solar ETF was up 225%, with 15 solar stocks up over 100% in 2020. Public market funding was also up with the help of several IPOs, and debt financing was up on the back of securitization deals. Solar asset acquisitions were at an all-time high in a pandemic year and have become even more sought-after as an investment haven, especially in the uncertain COVID economy,” said Raj ....

United States , Societe Generale , Raj Prabhu , Sumitomo Mitsui Banking Corporation , Solar Service Providers , American Investment Corporation , Credit Agricole , Mercom Capital Group , Silicon Ranch Corporation , Sunseap Group , European Bank , Mercom Capital , Service Providers , Ayana Renewable Power , Aurora Solar , Zero Mass Water , Inter American Investment Corporation , Solar Downstream , Vivint Solar , Environmental Policy , ஒன்றுபட்டது மாநிலங்களில் , சமூகம் ஜெநர்யால் , ராஜ் பிரபு , ஸூமிடோமொ மிட்ஸ்யூயீ வங்கி நிறுவனம் , சூரிய சேவை வழங்குநர்கள் , அமெரிக்கன் முதலீடு நிறுவனம் ,