Investments in Indian Solar Sector Declined 66% YoY to $970 Million in Q1 Amid COVID-19
The investments in Q1 were the lowest in two years
May 28, 2020
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Investments in the Indian solar industry totaled $970 million (~₹72.9 billion) in the first quarter (Q1) of 2020, according to Mercom’s Q1 2020 India Solar Market Update. Investments were 66% lower year-over-year (YoY) compared to $2.8 billion (~₹195.4 billion) recorded in Q1 2019.
Sampath Krishna
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