Mercom Capital Group has released its annual report on funding and M&A activity for the solar sector, finding that total corporate funding, including from VC, public market and debt financing, increased 42% year-over-year in 2023.
The report further found $34.3B was raised in 160 deals, compared to $24.1B in 175 deals the previous year. Almost 45.4 GW of large-scale projects were acquired in 2023, with 35% of these being acquired by project developers and IPPs. Investment firms acquired 23%, followed by utilities with 17% of acquisitions.
“Investments into solar continue to defy expectations,” says Raj Prabhu, Mercom Capital Group CEO. “Despite high-interest rates and challenging market conditions, corporate funding in the sector was the highest in a decade. Debt financing also hit a decade high, and venture capital investments and public market financing recorded the second-highest amounts since 2010. Driven by the Inflation Reduction Act, the global focus on energy security and favorable policies worldwide, solar continues to attract significant investments.”
The post Mercom Reports Solar Companies Raise $34.3B in 2023 Corporate Funding appeared first on Solar Industry.
Mercom Reports Solar Companies Raise $34.3B in 2023 Corporate Funding
Maybe the protestors are less concerned about length of time in office, and more with criminal authoritarianism.
I have such respect for Pascal that I considered naming our son after him. (My wife wasn’t having it. Maybe if we lived in France?)
Pascal made important contributions to both math and physics but he’s perhaps best known for his philosophic “wager,” that it makes sense to believe in God, since if He exists, you’ll be very glad you did, and if He doesn’t, you haven’t lost anything. I counter that this is not how we accept or reject religious tenets.
“Republican Patriots” writes: Howard Stern once again reveals the contempt so many in the entertainment elite hold for everyday Americans. He claims not to hate President Trump himself, but openly declares his hatred for those who support him, calling them stupid and saying he has no respect for them. This kind of arrogant dismissal shows how out of touch these Hollywood types have become with the hardworking people who built this country.
I’ve got news: contempt for Trump supporters is hardly limited to “these Hollywood types.” The vast majority of Americans–especially at this point–are neither greedy pigs nor hateful morons. We respect human rights and rule of law.
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