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Saudi Arabia goes solar in a big way

Saudi Arabia’s Solar Energy Investment

Saudi Arabia, the world’s largest exporter of crude oil, is moving ahead of most of the world in another important area: renewable energy sources. Embracing renewable energy is seen by most observers as a smart move for Saudi Arabia, even as crude oil has made it one of the richest countries in the world. Finite supplies of fossil fuels and…

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Solar finance shifts toward mainstream acceptance in 2013

IPOs, Downstream and Solar Lease Funds Highlight 2013 in Solar Finance

The dollar amount of venture capital (VC) investments in the solar power sector dropped sharply in 2013, but public market financings, large-scale project funding and mergers-and-acquisitions (M&A) activity jumped sharply higher, indicative of mainstream investors’ increasing level of confidence and a shift in government policies and incentives in key markets around the world, according to Mercom Capital Group’s Solar Funding and…

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