Solar Investments in India Back to Pre-Pandemic Levels, Up 119% in Q2 2021
Utility-scale projects attracted investments to the tune of $1.02 billion during the period
September 8, 2021
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The investments in the Indian solar sector increased by 119% quarter-over-quarter, with over $2 billion in the second quarter (Q2) of the calendar year (CY) 2021. However, in a year-over-year (YoY) comparison, the investments increased by a staggering 2,170% compared to the same period amid the pandemic last year. The data was revealed in Mercom India Research’s latest Q2 2021 India Solar Market Update.