Yieldcos keep rolling
Solar finance update: A strong start to the year was recorded, with total corporate funding in the solar sector reaching $6.4 billion in Q1, while a record $1.9 billion was raised by residential and commercial solar funds. Venture capital funding was down, however, writes Mercom Capital Group CEO and co-founder, Raj Prabhu.
Total corporate funding, including venture capital (VC) funding, public market and debt financings into the solar sector bounced back to $6.4 billion in Q1 2015 compared to $3.4 billion in Q4 2014. Financial institutions worldwide have become comfortable investing in solar, opening the industry up to the capital markets avenue that did not exist during …
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