Solar Venture Capital Funding Falls Off A Cliff

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A new report from Mercom Capital Group, llc, found that solar venture capital (VC) funding fell to $72 million in the third-quarter of 2012. And at 14 deals in the quarter, that’s the lowest level since 2008, the report found. That’s also down quarter over quarter from $376 million in 32 deals in the second quarter. Raj Prabhu, managing partner at Mercom Capital Group, can’t say that it’s a trend. But, “General market conditions are not looking...

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