The investments in the Indian solar sector declined by 30% and stood at $1.04 billion (~₹76 billion) in the first quarter (Q1) of the calendar year (CY) 2021, compared to $1.49 billion (~₹109 billion) in Q4 2020. However, in a year-over-year (YoY) comparison, the investments increased by 7% compared to the $0.97 billion (~₹71 billion) invested in the sector during the same period last year. The data was revealed in Mercom India Research’s latest Q1 2021 India Solar Market Update.