VC funding in green tech firms up 20% in Q1 2020
In its report on funding and mergers & acquisitions (M&A) activity in these sectors, Mercom Capital said that in 2020 companies raised 20% more from a year ago.
In its report on funding and mergers & acquisitions (M&A) activity in these sectors, Mercom Capital said that in 2020 companies raised 20% more from a year ago.
Investors remain wary of investing in renewable energy particularly in developing countries, which have large untapped potential for both solar and wind energy.
VC funding in these companies fell 56% to $210 million.
The first quarter of 2018 was the best performing quarter for solar installations in India with 3.3 GW of total installations, says Mercom India.