Solar Project Delays and Postponements Lead to 46% Decline in Investments In Q2 2023

Investments in the Indian solar sector during 1H 2023 witnessed a 51% YoY decline

August 28, 2023

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

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Investments in the Indian solar sector in the second quarter (Q2) of the calendar year (CY) 2023 totaled $1.57 billion (~₹129.86 billion), a 46% year-over-year (YoY) decrease from $2.9 billion (~₹239.87 billion).

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Urvashi Gupta

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Solar Project Delays and Postponements Lead to 46% Decline in Investments In Q2 2023

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