Featured in All in the chemistry – 02-2013

Solar VC spending halved in 2012

Investment: Solar investors took cover in 2012. Burned by lackluster returns and weak exit opportunities, venture capital (VC) funds placed fewer bets of smaller average amounts on solar companies last year, according to Raj Prabhu, managing partner at Mercom Capital Group LLC.

By

pv magazine

11 Feb 2013

Venture capital investment plunged nearly 50% to US$992 million across 103 deals in 2012, compared to $1.9 billion raised in 108 deals in 2011. The 2012 total represents the lowest amount since Mercom began tracking the sector in 2007. The diminished funding activity is not a true reflection of the health of the sector in …

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