Global corporate PV funding down 31% amid Covid-19 crisis

Mercom Capital Group has issued a report tallying up financial activity in the solar sector between January and March 2020. The sobering result is that cash flows are down by considerable margins on all metrics.The global business climate has dramatically deteriorated amid the ongoing public health crisis caused by the Covid-19 outbreak, and the solar sector is no exception, with a whopping 31% decrease in corporate funding for solar projects, according to a new report by Mercom Capital Group. The India-based research and consulting group was publishing quarterly business activity reports long ...

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