Global solar investments fall in Jan-Mar

New Delhi: Corporate funding into the solar sector declined 4 per cent to $8.1 billion globally during January-March period due to factors like high input cost and supply chain issues, according to Mercom Capital.

The sector had attracted $8.4 billion investments in the first quarter or Q1 in 2023, the US-based research firm said in a report on Monday. However, on a quarter-on-quarter (Q-o-Q) basis, the funding was 47 per cent over $5.5 billion raised in October-December or Q4 period of 2023, the report said.