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VC funding for solar drops 50 percent in 2012

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Venture capitalists (VCs) invested half as much in the solar industry in 2012 as they did the year before, and the overall VC funding for solar reached its lowest point since 2007, according to a January report by clean energy communications and consulting firm Mercom Capital Group LLC. Overall, venture capital investments dropped in 2012 to $992 million in 103 deals; in 2011, 108 deals raised $1.9 billion. More than 140 investors participated in 2012. Fourth-quarter activity showed an increase over the third quarter, as 25 VCs invested $220 million in 27 deals in Q4 2012, compared...Read full article

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    Published: February 2013
    AmericasBusinessCommunicationsconcentrating PVconcentrating solarcrystalline-silicon PVenergyindustriallight speedMercom Capital GroupOpticsphotovoltaic technologyPVRaj Prabhusolar fundingsolar industrysolar installationsolar lease companiessolar manufacturerssolar marketthin-film companiesventure capital funding

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