Featured in Rejuvenation – 06-2013

Shift in focus

Venture Capital: The solar funding slump has continued into 2013. But it is not all bad news for the PV sector, as Raj Prabhu, CEO of Mercom Capital Group, explains.

By

pv magazine

11 Jun 2013

In the first quarter of 2013 many solar companies, especially manufacturers, were either fighting to survive or had gone bankrupt due to overcapacity and record-low prices. The slump in Venture Capital (VC) funding began in Q3 2012 when Mercom Capital tracked just US$72 million in VC investments in 14 deals. While last quarter saw US$220 …

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