Tough and tumultuous times
Global funding: Mercom capital CEO and cofounder Raj Prabhu delivers an update on recent solar investment, finding a weak fundraising quarter for the sector as corporate funding drops to $2.8 billion in Q1 2016.
Financing activity in the solar PV sector in the first quarter of 2016 was extremely weak, reflecting the general weakness in the public markets over the last few quarters. Only two out of 31 companies across the supply chain were in positive territory in terms of stock price. Public companies in general have had a …
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