Where The $376 Million In Solar #VentureCapital Funding Went In Q2 @SolarIndustry @resilient_ent

Venture-capital (VC) funding in the solar sector continued to rise steadily in the second quarter, according to Mercom Capital Group's new report on funding and mergers and acquisitions (M&A) activity in the solar market. According to the report,

VC funding totaled $376 million in 32 deals in the second quarter, compared to $329 million in 34 deals in the first quarter. "With news of solar companies downsizing or going out of business seemingly every day, continued steady VC investment activity in the sector is good news," notes Raj Prabhu, managing partner at Mercom Capital Group. "Since 2011, most solar VC investments have gone to thin-film companies, with $835 million, and with panel prices falling more than 60 percent over the same period, solar downstream companies have been an attractive play."  

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