Mercom Capital Group released its report on funding and merger and acquisition (M&A) activity for the global solar sector in the first quarter of 2019 and found that total corporate funding (including venture capital funding, public market, and debt financing) into the solar sector in Q1 2019 came to $2.8 billion. Year-over-Year (YoY) funding in Q1 2019 was about 10 percent higher compared to the $2.5 billion raised in Q1 2018. [...]
Microsoft Corp. yesterday said that it made the largest corporate purchase of solar in the U.S. from two projects in Virginia. According to the company, it will buy 315 MW from the Pleinmont I and II solar projects, which are part of sPower’s larger 500-MW Pleinmont project. sPower is an AES and AIMCo company.
Corporate procurement of utility-scale solar PV is on the rise, but there’s opportunity for corporations to leverage recent market developments and deploy even more. [...]
A group of energy executives actively involved in solar C&I development in the Middle East and Africa talked at a Solarplaza conference... [...]