PRTODAY / NewswireToday Free press release distribution service network

More news: Energy
Written by / Agency / Source: Mercom Capital Group, LLC

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Mercom Capital Group Reports Second Quarter 2011 Funding and M&A Activity for Solar - VC funding in solar dips in Q2 with $354 million compared to $658 million in Q1 2011, record quarter for solar M&A - MercomCapital.com
Mercom Capital Group Reports Second Quarter 2011 Funding and M&A Activity for Solar

 

NewswireToday - /newswire/ - Austin, TX, United States, 2011/07/12 - VC funding in solar dips in Q2 with $354 million compared to $658 million in Q1 2011, record quarter for solar M&A - MercomCapital.com.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Energy Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Mercom Capital Group llc, a global clean energy communications and consulting firm, today released funding and merger and acquisition (M&A) activity for the solar sector for the second quarter of 2011.

Venture capital (VC) funding in the solar sector dipped this quarter, coming in at $354 million, compared to $658 million in Q1 2011. Even with lower funding, the number of deals remained steady with 26 deals funded in Q2 2011 compared to 25 deals in Q1.

“Year-to-date funding in solar is still very strong coming to approximately $1 billion. At this point in 2010, VC funding was approximately $1.3 billion. 2011 may still end up higher in terms of VC funding, considering the second half of 2010 was weak. Q2 was a huge M&A quarter for the solar sector with M&A activity equaling almost the whole of 2010,” commented Raj Prabhu, Managing Partner at Mercom Capital Group.

The top five funding deals included a $94.4 million raise by Suniva, a manufacturer of high-efficiency monocrystalline silicon solar cells and modules in Series D funding; Enecsys, a grid-connected solar micro inverter manufacturer raised $41 million in Series B; Agile Energy, a developer of utility-scale renewable power projects, raised $24 million in Series B; Semprius, a concentrator photovoltaic (CPV) module manufacturer raised $20.6 million in Series C and SolarReserve, a developer of utility-scale solar thermal power projects, raised $20 million in a Series C round.

Photovoltaic (PV) technology companies attracted the most funding in Q2 with $107 million going into just three deals. Balance of System (BOS) companies were the most active in terms of number of deals with $89 million going into six deals.

Forty-seven different VC investors participated in 19 disclosed deals. VC firms that recorded multiple rounds included Emerald Technology Ventures, Foundation Capital, GE, Kleiner Perkins Caufield and Byers, Rockport Capital and Good Energies.

It was another record quarter for M&A activity with Q2 coming in at $1.9 billion for 11 transactions, compared to $1.4 billion in Q1 2011. The most notable transaction was the 60 percent acquisition of SunPower, a manufacturer of high efficiency PV panels by French oil and gas giant, Total, for $1.4 billion.

For a complete list of Q2 2011 transactions in the Solar sector, visit mercomcapital.com/.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Energy Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: Mercom Capital Group, LLC

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Energy articles,
CATCH Visitors via Your Competitors Announcements!


Mercom Capital Group Reports Second Quarter 2011 Funding and M&A Activity for Solar

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

|
Publisher Contact: Wendy Prabhu - MercomCapital.com 
512-215-4452 info[.]mercomcapital.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Mercom Capital Group, LLC securities in any jurisdiction including any other companies listed or named in this release.

Energy via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From Mercom Capital Group, LLC / Company Profile


Read Energy Most Recent Related Newswires:

RWE Turns to GE to Improve Flexibility and Performance
Liquefied Gas Pump Market to Record an Exponential CAGR by 2026 According to Persistence Market Research
GE and Solairedirect India Partner for the Next 25 Years
ENGIE Wins Major Contract with Transport for London
Boost in Genset Manufacturing Activity to Resolve Power Challenges in the Southern African Region Finds Frost & Sullivan
ENGIE to Become Worldwide Leader of Independent District Cooling by Acquiring A 40% Stake in Tabreed from Mubadala
Asia-Pacific Renewable Energy Inverters Market Leverages Favourable Targets and Feed-in Tariffs to Catalyze Growth, finds Frost & Sullivan
GE Introduces Rugged, Resilient Power Supply for Industrial Applications
Energy Technology Developers Focus on Sustainability and Efficiency to Stay Relevant in a Changing Market Finds Frost & Sullivan
Baker Hughes and GE Announce Executive Leadership Team for Baker Hughes, a GE Company
Enel Green Power Acquires Two Wind Farms in Campania from Amec Foster Wheeler
Enel and Rosseti Sign MoU for Cooperation in Innovative Smart Grid Solutions
World’s Largest Floating Photovoltaic Power Plant Test-bed Features ABB Technology
Enel Group Confirmed in Euronext Vigeo Eiris Sustainability Indices for Fifth Straight Year
Invenergy Selects GE Renewable Energy to Provide Cyber Security for Entire Fleet

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  MagLar, Inc.

Visit  JobsWare.com





 
  ©2017 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)