NewEnergyNews More: SUN MOVES ON, VC SOLAR BUY-IN UP

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  • Wednesday, December 7, 2011

    SUN MOVES ON, VC SOLAR BUY-IN UP

    2011 Venture Capital funding in solar to date surpasses 2010 levels; More than half a billion VC dollars raised since the Solyndra bankruptcy announcement
    December 5, 2011 (Mercom Capital)

    "According to the preliminary numbers compiled by Mercom Capital Group, Venture Capital (VC) funding in the solar sector so far this year has surpassed 2010 totals. Year to date VC funding (as of Nov. 30, 2011) amounts to $1.71 billion compared to $1.67 billion in in 2010."

    click to enlarge

    "The number of venture deals this year crossed the 100+ mark for the first time and will make 2011 the best year in terms of number of venture deals in a year...[M]ore than half a billion VC dollars went into 30+ deals since the Solyndra bankruptcy announcement, at the end of August."

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