Saphire Sustainable Development (“Saphire”) leverages a broad range of comprehensive custom utility scale energy efficiency and renewable energy solutions including design, implementation, operation and complete project financing. Saphire is a leader in electricity, heat and cooling energy generation, designed to reduce emission and cut energy cost....
Financing activities in the PV sector started strong in 2021 with Q1 numbers rising substantially year-over-year, according to the latest update of Mercom Capital Group's report on funding and merger and acquisition (M&A) activity for the global solar sector. Total corporate funding, including venture capital funding, public market, and debt financing into the solar sector in Q1/2021, reached a total of $8.1 billion in 36 deals, a 21 percent increase compared to $6.7 billion raised in 43 deals in Q4 2020. Solar assets continue to be in great demand with almost 15 GW of projects acquired in Q1/2021, according to Mercom capital Group.
According to the European Solar Manufacturing Council (ESMC), now there is a momentum for Europe not only to ensure enough of PV installations as a part of the green transformation, but also to create favorable conditions for PV manufacturing in order to benefit from added value in Europe. By creating an opportunity for the PV industry to supply the European market, Europe can be enabled to take control of its energy transition and better its resilience.
