The dollars are continuing to flow into the renewable energy sector, in investments of all types and in government funding. Financial activity in renewables is strong and trending upward, despite questions of uncertain subsidies and rapidly changing costs. In the third quarter of this year, total corporate funding in the wind energy industry totaled $2.4 billion, according to consulting firm Mercom Capital Group. That funding includes venture capital, public market financing, and debt financing. In a VC deal, Goldman Sachs Group invested $140 million in ReNew Power Ventures. Large-scale project funding added up to $3 billion. Two M and A transactions were completed, for $81 million, and project acquisitions totaled $5.3 billion. And there were two IPOs in the third quarter, for $111 million.
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