Last year, global corporate investment in the solar sector was at a 10-year high of nearly Rs 2.84 lakh crore, according to a Mercom report.
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In this regard, further information has been given as follows,
By 2022, the total corporate investment in the solar sector was close to Rs 2 lakh crore. It has increased by 42 percent last year to nearly Rs 2.84 lakh crore.
These corporate investments include venture capital, public market and debt financing.
In the solar sector, global venture capital and private equity investment stood at nearly Rs 57,000 crore. Borrowed funds have reached a 10-year high.
Likewise, venture investments and funds raised in the public market recorded the second largest amount after 2010.
Investment in the sector has peaked despite high interest rates and challenging market conditions.