Investments in the Indian Solar Sector Declined 171% YoY to $1.03 billion in Q1

Project postponements significantly lowered the investments

June 5, 2023

/ Finance and M&A, Mercom Research Focus, Solar

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Investments in the Indian solar sector in the first quarter (Q1) of the calendar year 2023 totaled $1.03 billion (~₹85 billion), a 171% year-over-year (YoY) decrease from $2.8 billion (~₹211 billion).

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Arjun Joshi

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Investments in the Indian Solar Sector Declined 171% YoY to $1.03 billion in Q1

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