Healthy growth
Industry investment: Total corporate funding in the solar sector increased 175% to $26.5 billion in 2014, reports Raj Prabhu, CEO and cofounder of Mercom Capital Group. Last year saw strong public market financing, debt financing, and initial public offering activity. Venture capital funding doubled after a two year slump. Large-scale PV project acquisition activity continued to soar.
The solar industry ended 2014 stronger than ever. Global solar demand is forecast to be up about 15% in 2015, with China, Japan and the U.S. picking up where Europe left off. There is strong policy support and a push for solar in emerging markets such as India, Latin America, pockets of Africa, the Middle …
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