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BY Tali Aaron : February 22

Solar Companies Looking for Capital Look Beyond Wall Street

The still-emerging solar power industry is hoping to return next year to its annual growth rate of 50 percent after a difficult year of falling panel prices and tight credit.  To compete and gain market share, many solar companies are looking to boost their output of panels, a process that often requires outside capital.  But in this current market, they are having a difficult time raising money from large Wall Street banks who are nervous about backing risky and capital intensive ventures.  These solar companies are turning to government sources, state-owned banks for Chinese players and small investment advisory firms,  who are now stepping into the shoes of the big banks.

[Read more via Reuters]

8 Responses to Solar Companies Looking for Capital Look Beyond Wall Street


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