01 Aug '11, 1pm

$10 Billion Solar Funding Tsunami via @greentechmedia

Apple has a bigger cash reserve than the U.S. Treasury. Unemployment remains stubbornly high. Venture Capital confidence is low. But over the few months we've reported on more than $10 billion in various forms of funding going towards solar in the United States from banks, venture capitalists, the DOE, the U.S. treasury and firms like Google. If one wants to call a trend -- it looks like we're seeing the onset of solar as a more mainstream investment and perhaps the return of an appetite for tax equity. VCs continue to channel money into solar startups although motivation to invest in early stage, capital-intensive solar entrants seems to have waned. Utility-scale solar is here in a big way in the U.S. and the multi-gigawatt scale of the U.S. market is going to be as important a global market driver as the German and Italian markets. Here's a rundown: Big Billions in Loan ...

Full article: http://www.greentechmedia.com/articles/read/10-billion-So...

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