Private equity and venture capital activity in the #US #SolarIndustry is poised to hit a four-year low in 2024, while private inflows into the sector globally have rebounded. Private equity inflows into US residential and utility-scale solar from Jan. 1 to Nov. 26 amounted to $3.1 billion, about 24.6% lower than the total reached in 2023 and making up just 7.3% of the $42.54 billion amassed in 2021. Only four private equity deals in US solar have been announced thus far in 2024. Worldwide, deal value in residential solar and utility-scale solar amounted to $25.04 billion, an approximately 52% increase from the $16.46 billion in full year 2023, according to S&P Global Market Intelligence data. Read more: https://okt.to/IlvdCn
