Corporate funding in solar sector falls 76 per cent in H1 2020 to USD 462 mn: Report
Total corporate funding in India’s solar energy sector dropped 76 per cent to USD 462 million (about Rs 3,474 crore) in the first half of 2020, a report said. Corporate funding includes venture capital funding, public market, and debt financing.
As per the report by Mercom Capital Group, a global clean energy communications and consulting firm, total worldwide corporate funding in the solar sector during January-June 2020 stood at USD 4.5 billion, down 25 per cent from USD 6 billion in the corresponding period of the previous year.
