- Source :ORF Online
The larger chunk of investments in the solar sector across the globe in the quarter ended September was bagged by Indian companies, clean energy consultancy firm Mercom Capital Group said in a latest report. The deals where Indian companies topped the chart included venture capital funding, bond issuance and merger and acquisitions. Indian rooftop solar developer CleanMax Solar raising $100 million was globally the largest venture capital deal in the September quarter. Apart from expanding its rooftop business outside India, the company also plans to foray into the electricity storage.