Indian Solar Sector Received Over $10 Billion in Financing During 2017

Solar funding grew last year as approximately 9.6 GW of new solar installations were added to the Indian grid

March 8, 2018

/ Wendy Prabhu
/ Finance and M&A, Solar
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In 2017, the Indian solar sector logged over $10 billion (~₹650 billion) in financing activity, according to Mercom Capital Group’s recently released 2017 Q4 and Annual India Solar Market Update. By comparison, financing activity in the sector totaled approximately $4 billion (~₹260 billion) in 2016.

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Wendy Prabhu

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