Global solar projects set to win more than $380 bn investment this year

Investment is increasing in the global solar energy projects, and is expected to be more than USD 380 billion this year, the International Solar Alliance (ISA) Director General Dr Ajay Mathur has said.

Mathur made these remarks on Monday on the sidelines of the Singapore International Energy Week.

The good thing is that investment flow is increasing. It was about USD 310 billion for the whole of last year, and USD 235 billion investment has come in during the first half of this year, Dr Mathur told PTI.

We expect it to be more than $380 billion this year.

Elaborating on ISA work, he said, Our goal is that in every member country, we make solar the energy of choice.