Investments in the Indian Solar Sector Declined by 66% in 2020

Utility-scale solar projects attracted investments of $1.19 billion during the year

March 1, 2021

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Investments in the Indian solar sector declined by 66% and stood at approximately $2.8 billion (~₹203.17 billion) in the calendar year (CY) 2020, compared to $8.2 billion (~$595.02 billion) in 2019, according to Mercom’s Q4 2020 and Annual India Solar Market Update.

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Rakesh Ranjan

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Investments in the Indian Solar Sector Declined by 66% in 2020

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