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Total corporate funding into the solar sector globally, including venture capital and private equity (VC), debt financing, and public market financing, came to $11.7 billion, a 20% increase compared to the $9.7 billion raised in 2018.

“Financial activity was up across the board in the solar sector in 2019 with venture funding, public market, and debt financing all increasing year-over-year. Solar equities also had a great year with six solar IPOs around the world. These notable metrics, along with robust debt financing activity including securitization deals, rounded off a strong year for the sector,” said Raj Prabhu, CEO of Mercom Capital Group.

Global venture capital and private equity funding in the solar sector in 2019 came to $1.4 billion in 53 deals, compared to $1.3 billion in 65 transactions in 2018.

In 2019, announced debt financing rose 29% with $7.8 billion in 46 deals, compared to $6 billion in 53 deals in 2018. There were eight securitization deals totaling $1.6 billion in 2019, which was the largest amount of financing through securitization deals in the solar sector.

A total of 26 GW of large-scale solar projects changed hands in 2019 compared to 29 GW in 2018. There were 192 large-scale solar project acquisitions in 2019 compared to 218 large-scale solar project acquisitions in 2018.

“Investment firms acquired over 30 GW of large-scale solar projects in the past five years, a reflection of solar’s attractiveness as a long-term, low risk investment,” added Prabhu.

There were 812 companies and investors covered in this 109 page report, which contains 108 charts, graphs, and tables.

Mercom Capital Group’s Quarterly Solar Funding and M&A Reports are comprehensive high-quality reports delivering superior insight, market trends and analysis. These reports help bring clarity to professionals in the current financial landscape of the solar industry.

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Quarterly market and deal activity displayed in easy-to-digest charts, graphs and tables, alongside data-driven analysis.

The report covers all types of deals and financing activity, including:

• Venture capital funding deals, including top investors, QoQ and YoY trends, and a breakdown of charts and graphs by technology, sector, stage and country;
• Large-scale project funding deals, including top investors, QoQ and YoY trends and breakdown charts and graphs by technology and country;
• Public market financing, including equity financing, private placements and rights issues;
• Debt and other funding deals, as well as QoQ and YoY trends;
• Third-party residential/commercial project funds;
• Large-scale project acquisitions and active project acquirers;
• Large-scale project announcements in various levels of development throughout the world;
• Mergers and acquisitions (M&A), including QoQ and YoY trends, a breakdown of charts and graphs by technology and sector, as well as project M&A activity;
• New cleantech and solar funds;
• New large-scale project announcements;
• Large-scale project costs per MW.

This report also contains comprehensive lists of all announced Q4:

• VC funding, debt financing, public equity financing, and project funding deals;
• VC and project funding investors;
• M&A transactions;
• Project acquisitions by amounts and megawatts;
• M&A, and project M&A transactions;
• Large-scale project announcements.

Mercom’s comprehensive report covers deals of all sizes across the globe. Have questions about the report? Email us here.